Maharashtra Corporation Limited logo

Maharashtra Corporation Limited

Invests, trades, and distributes textile and agro commodities in India, part of Visagar Group.

1982 Mumbai, Maharashtra (India) Active


Basic Data Updated:

1 month ago
Maharashtra Corporation Limited (MCL) is a Public Limited Indian Non-Government Company incorporated in India on 24 November 1982 and has a history of 41 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505523.

The Corporate was formerly known as Maharashtra Industrial Leasing And Investment Ltd. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 64.00 cr and a paid-up capital of Rs 29.27 cr.

The Corporate currently has active open charges totaling ₹1.99 cr.

The Key Managerial Personnel (KMP) at Maharashtra Corporation Limited India are Hardika Solanki as Company Secretary, Ravi Rajak as Cfo, and Amandeep as Ceo. Ravi Rajak, Madhu Vaishnav, Kuldeep Kumar, and Two other members serve as directors at the Company.


Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
  • Telephone
  • Email Address
  • Social Media
Company No.028750
Stock Symbol BSE : 505523
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date24 Nov 1982
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Maharashtra Corporation Limited


Maharashtra Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.69% decrease. The company also saw a substantial fall in profitability, with a 11736.6% decrease in profit. The company's net worth dipped by a decrease of 5.21%.

Corporate Structure


Unlock access to Maharashtra Corporation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Maharashtra Corporation Limited

Executive Team (3)

  • HS

    Hardika Solanki In Company Secretary

    Appointment Date: 06-Feb-2020

    Status: Current

  • RR

    Ravi Rajak In CFO

    Appointment Date: 28-Mar-2022

    Status: Current

  • A

    Amandeep CEO

    Appointment Date: 28-Mar-2022

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges

₹1.99 cr


Central Bank Of India

Creation Date: 27 Mar 1994
₹3.60 MOpen

Central Bank Of India

Creation Date: 28 Jun 1991
₹1.45 CrOpen

Central Bank Of India

Creation Date: 29 Mar 1989
₹1.70 MOpen

Deals i


Gain comprehensive insights into the Deals and Valuation data of Maharashtra Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maharashtra Corporation's trajectory.



Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.



Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Maharashtra Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Maharashtra Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Director Appointment

    Hardika Rakeshkumar Solanki was appointed as a Company Secretary was appointed as a Company Secretary on 06 Feb 2020 & has been associated with this company since 4 years 5 months .

    06 Feb 2020
  • Activity

    Director Appointment

    Sanjay Rajak was appointed as a Director was appointed as a Director on 10 Apr 2019 & has been associated with this company since 5 years 3 months .

    10 Apr 2019
  • Activity

    Director Appointment

    Madhu Bala Vaishnav was appointed as a Director was appointed as a Director on 12 Mar 2019 & has been associated with this company since 5 years 4 months .

    12 Mar 2019

Frequently asked questions

What is the Incorporation or founding date of Maharashtra Corporation Limited?

Maharashtra Corporation Limited was incorporated 41 years 7 months ago on 24 Nov 1982 with Registrar of Companies Roc Mumbai.

People also Viewed

Similar Companies Based on Fabrics and Textiles

  • Tayal Sons Private Limited

    Haryana, Haryana, India

  • Suumaya Corporation Limited

    Kolkata, West Bengal, India

  • Manohar Capital Markets Limited

    Mumbai, Maharashtra, India

  • The Cotton Corporation Of India Limited

    Thane, Maharashtra, India

  • Cmr Textiles & Jewellers Private Limited

    Visakhapatnam, Andhra Pradesh, India

  • Apl Corporation Private Limited

    Surat, Gujarat, India

  • R S Brothers Retail India Private Limited

    K.V.Rangareddy, Telangana, India

  • Vaibhavlaxmi Exports Private Limited

    Kadi, Gujarat, India

  • A.T. Trade Overseas Private Limited

    Mumbai, Maharashtra, India

  • Bvm Overseas Limited

    Ahmedabad, Gujarat, India

  • Nilratan Suppliers Private Limited

    Bahraich, Uttar Pradesh, India

  • Chandana Brothers Textiles And Jewellers Private Limited

    Secunderabad, Telangana, India