Maks Energy Solutions India Limited has confirmed that its promoters and Persons Acting in Concert (PAC) held no encumbered or pledged shares during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India, ensures that the promoter group's shareholding remains free from any direct or indirect charges for the reported period. This compliance is required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The confirmation was provided by Sourabh Mahendra Shaw on behalf of the promoter and promoter group. In a letter addressed to the exchange and the company's Audit Committee, Shaw stated that no encumbrance was made on the shares held by the promoters during FY26. The letter, dated April 6, 2026, was signed and submitted as part of the yearly regulatory filing.

Key Disclosures

The filing explicitly states the status of the promoter's shareholding regarding encumbrances. The table below summarizes the key data points from the disclosure:

The document was digitally signed by Vishal Nandu Nadhe, the Company Secretary and Compliance Officer of Maks Energy Solutions India Limited. The submission was made to the Listing Department of the National Stock Exchange of India for their information and record. The company, formerly known as Maks Energy Solutions India Pvt. Ltd., operates as a manufacturer and exporter of diesel generator sets.

MAKS Energy Solutions India Limited reported a net profit of ₹66.48 lakh for the financial year ended March 31, 2026, an increase from ₹55.16 lakh in the prior year. Revenue from operations declined to ₹5,407.78 lakh from ₹6,648.16 lakh in FY25. The Board of Directors approved the audited financial results for the year and half-year ended March 31, 2026, at a meeting held on May 27, 2026.

The company’s total income for FY26 stood at ₹5,433.61 lakh, down from ₹6,674.91 lakh in the previous year. Total expenses decreased to ₹5,327.89 lakh from ₹6,578.15 lakh. Profit before tax for the year was ₹89.85 lakh, compared to ₹73.74 lakh in FY25. Basic earnings per share for the year were recorded at ₹0.96, up from ₹0.80 in the previous year.

Audit Qualifications

B D S P & Associates, the statutory auditor, issued a qualified opinion on the financial results. The report highlighted trade receivables aggregating ₹460.91 lakh outstanding for approximately 2 to 3 years. The auditor noted the absence of sufficient evidence regarding recoverability and stated that the company is required to make appropriate provisions. Consequently, trade receivables, total assets, and shareholders' funds are considered overstated by this amount.

Additionally, the auditor flagged advances to vendors aggregating ₹82.43 lakh outstanding for 1 to 3 years. The report stated these parties are not regular suppliers and no significant transactions occurred during the year. The auditor recommended writing off or providing for these balances, noting that their inclusion overstates assets and profit.

Financial Performance

The following table outlines the key financial metrics for the year ended March 31, 2026:

Segment Reporting

Segment-wise revenue for the year was driven by the Trading division at ₹3,396.86 lakh, while the Manufacturing/Assembling segment contributed ₹2,010.92 lakh. The Trading segment reported a profit before interest and tax of ₹161.26 lakh, whereas the Manufacturing/Assembling segment reported ₹83.09 lakh.

The Board also approved the appointment of M/s. Rajeev Jain and Company as the Internal Auditor for a term from FY 2026–27 to FY 2030–31.