Explanation:

Maharashtra Film Company was an Indian film production company, established by Baburao Painter in Kolhapur. Established in 1918, it was a silent film studio, which was a pioneer in Maharashtra and Marathi cinema, under the patronage of the Shahu Maharaj, the Maharaja of Kolhapur. It released the first significant historical, Sairandhari, released in Pune 7 February 1920. In the coming decade the only other major company was Dada Saheb Phalke's Hindustan Film Company. It made numerous films till the advent of talkies in 1931, but started collapsing after V. Shantaram left in 1929, to form Prabhat Film Company, it finally closed down in 1931.