MAKS Energy Solutions India Limited Submits SDD Compliance Certificate for Financial Year Ended March 31, 2026
MAKS Energy Solutions India Limited submitted its SDD Compliance Certificate for the financial year ended March 31, 2026, to the NSE on May 14, 2026. The certificate, issued by Practising Company Secretary CS Riteek Baheti of Riteek Baheti & Associates, Pune, confirms full compliance under Regulation 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. All 2 required UPSI events were captured in the Structured Digital Database, with no non-compliance observed during the reporting period.

*this image is generated using AI for illustrative purposes only.
MAKS Energy Solutions India Limited has filed its Structured Digital Database (SDD) Compliance Certificate for the financial year ended March 31, 2026, with the Listing Department of the National Stock Exchange of India Limited. The submission was made on May 14, 2026, by Mr. Vishal Nandu Nadhe, Company Secretary and Compliance Officer, pursuant to the provisions of Regulation 3(5) and 3(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations).
SDD Compliance Certificate Details
The compliance certificate was issued by CS Riteek Baheti, Proprietor of Riteek Baheti & Associates, a Practising Company Secretary appointed by the company. The certificate covers the financial year ended March 31, 2026, and confirms that the company's Structured Digital Database meets the requirements stipulated under the SEBI PIT Regulations. Key compliance parameters certified are outlined below:
| Parameter: | Status |
|---|---|
| SDD in Place: | Yes |
| Access Controls on SDD: | Yes |
| UPSI Captured in Database: | Yes |
| Nature, Date & Time of UPSI Recorded: | Yes |
| Audit Trail Maintained: | Yes |
| Database Non-Tamperable & Records Retained for 8 Years: | Yes |
| Non-Compliance Observed: | Not Applicable — No Non-Compliance Observed |
UPSI Events Captured During FY26
The Practising Company Secretary confirmed that the company was required to capture 2 events pertaining to Unpublished Price Sensitive Information (UPSI) during the financial year ended March 31, 2026, and has duly captured all 2 of the said required events in its Structured Digital Database.
Certifying Authority
The compliance certificate was issued by the following authority:
| Detail: | Information |
|---|---|
| Certifying Authority: | CS Riteek Baheti |
| Firm Name: | Riteek Baheti & Associates |
| Membership Number: | 48468 |
| Certificate of Practice Number: | 17766 |
| Peer Review Certificate: | 2677/2022 |
| UDIN: | A048468H000357645 |
| Date of Certificate: | May 14, 2026 |
| Place: | Pune |
The submission reaffirms the company's adherence to regulatory obligations under the SEBI PIT Regulations framework, with the compliance officer requesting the exchange to take the certificate on record.
Historical Stock Returns for Maks Energy Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | -20.73% | -18.75% | +18.72% |
What were the 2 UPSI events captured by MAKS Energy Solutions during FY26, and how might they signal future strategic moves such as mergers, acquisitions, or major contracts?
How does MAKS Energy Solutions' consistent SDD compliance track record compare to its peers in the energy sector, and could stronger governance practices attract institutional investor interest?
As SEBI continues to tighten insider trading regulations, what additional compliance burdens might smaller listed energy companies like MAKS face in FY27 and beyond?

























