The company was originally incorporated as 'Maks Energy Solutions India Private Limited' as a private limited company under the provisions of the erstwhile Companies Act, 1956 vide Certificate of Incorporation dated July 27, 2010 bearing Registration Number 136962 issued by the Registrar of Companies, Pune, Maharashtra. Subsequently, the Company was converted into a public limited company pursuant to special resolution passed by the members in Extra-ordinary General Meeting of the Company held on October 23, 2019 and the name of the Company was changed to 'Maks Energy Solutions India Limited' and a fresh certificate of incorporation consequent upon conversion from private company to public company dated November 21, 2019 was issued by the Registrar of Companies, Pune, Maharashtra.

Maks Energy Solutions India commenced its operations in the year 2010 as a dealer of generator sets. Over the years, it has diversified the scope of its operations from dealing in generator sets to trading, assembling, selling, installing, testing and commissioning of DG Sets. It has also acted as non-exclusive Original Equipment Manufacturer (OEM) of DG Sets for some of its clients in the domestic market and for exports in international market. It source the engines used in DG Sets from its suppliers and assemble the sets with other required peripherals sourced from other suppliers, such as control panels, customized synchronized panels, base frames, fuel tanks, canopy, acoustic enclosure and room acoustic materials and sell the DG Sets. Domestically, it has sold DG Sets in Maharashtra, Delhi, Karnataka, Telangana, Punjab and Jharkhand. It also exported the generator sets to countries in the Middle East, South East Asia and some parts of Africa. Its assembling facility is located at Yeolewadi, Kondhwa - Saswad Road, Kondhwa, Pune, Maharashtra and at Amane Engineers, Tal Khed, Waki Bk, Waki BK, Pune, Maharashtra. In year 2019, it has also diversified into the business of distribution of commercial vehicle spare parts in the state of Maharashtra.

Business area of the company

The main business of the company is purchasing Diesel Engines, Alternators and other parts from their suppliers and assembling the Diesel Generating Sets and selling these Diesel Generating Sets and the spare parts of DG Sets into domestic and export markets. In addition to the above, the company has recently also entered into the business of distribution of auto spare parts in the state of Maharashtra, India.

Major events and milestones

• 2010: Incorporated as ‘Maks Energy Solutions India Private Limited’.
  
• 2013: Established assembling unit of diesel generator sets situated in Kondhwa, Pune, Maharashtra, India.
  
• 2014: Started export of diesel generator sets to Middle East Asia and Africa.
  
• 2018: Entered into Joint Venture in the Federal Republic of Nigeria, Africa with a local partner RoseMary Industries Limited, to manufacture, assemble, market and sell diesel generator sets and other related electrical components in Nigeria, Africa.
  
• 2019: Commenced operations for distribution of vehicle spare parts in the state of Maharashtra.
  
• 2019: Conversion from private limited to public limited company.