Step 1: Understanding the Concept:
The India Public Sector Enterprises (PSE) Excellence Awards, organized by the Indian Chamber of Commerce (ICC) in association with the Department of Public Enterprises (DPE), recognize outstanding performance, operational excellence, and social responsibility contributions of central public sector undertakings.
Step 2: Detailed Explanation:
At the 15th India PSE Awards ceremony held in New Delhi on February 27, 2026, ONGC (Oil and Natural Gas Corporation) emerged as the premier winner in the Maharatna category. It was honored with the comprehensive corporate accolade alongside two other major category awards: the Platinum Award for Corporate Social Responsibility & Sustainability and the Platinum Award for CEO of the Year awarded to its Chairman. The recognition highlights ONGC's pivotal role in steering national energy security while advancing sustainable and inclusive corporate governance.
Step 3: Final Answer:
The honored Maharatna PSU is ONGC.