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Maharashtra Day 2021: History, significance and formation of the state of Maharashtra It was in the year 1960 when the state of Bombay was divided to create two news states namely Maharashtra and Gujarat. File photo Updated: May 1, 2021, 09:14 AM IST May 1 is celebrated as Maharashtra Day. Along with Maharastra Day, Gujarat Day is also celebrated on May 1 each year as the states of Maharashtra and Gujrat were formed on May 1. Maharashtra Day History: It was in the year 1960 when the state of Bombay was divided to create two news states namely Maharashtra and Gujarat. It was under the States Reorganisation Act, 1956 that the boundaries of the state were defined. ....