The Board of Directors of MSRT Corporation is constituted as per the provisions of Section No.3 of the Maharashtra State Road Transport Corporation Act, 1952. There is a provision to appoint maximum 17 directors on the Board of Directors and the appointment is made as follows.

• 1 Chairman and 17 Designated Directors.
• 3 directors are appointed through the central government and 14 directors are appointed through the state government.

• 1) 1 Vice President and Managing Director.
• 2) 2 Government Directors from the officer class of the State Government.
• 3) 1 expert person in the field of Transport Management / Engineering / Economics, appointed through the State Govt.
• 4) 2 directors from among the representatives of the RP Corporation Labor Union who are appointed through the State Govt.
• 5) 8 Non-Government Directors appointed by the State Govt. who have experience and adequate knowledge in the field of industry and finance.