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Incorporated in 1975, S&S Power Switchgear Ltd is in the business of Transmission & Distribution of Equipment industry, power sector focused Switchgear, P&C Solutions and associated electrical systems, product, and services.
S&S Power Group's Q1 revenue rose 18% YoY to ₹71.65 Cr, despite lower new orders, maintaining a robust backlog. EBIDA and EPS were impacted by automation execution delays and a tax asset reversal. The company targets doubling FY25 revenue by FY28, with 12-15% EBIDA, driven by strategic investments and global...
S & S Power Switchgear Limited launched a postal ballot via e-voting, open from July 23 to August 21. Shareholder votes will be counted and announced by August 25. Investors should ensure participation.
Board approved preparations for a postal ballot, including fixing a cut-off date for eligible voters and appointing a scrutinizer. The draft postal ballot notice was also approved and will be circulated to shareholders soon.
S&S Power's strong FY26 saw revenue up 43% YoY to 2.67 Cr and improved EBIDA. With new orders and a patent for 765 kV Disconnector, its 3-year plan targets doubling FY25 revenue by FY28, aiming for 12-15% EBIDA.
S&SPOWER was fined a total of ~Rs 0.07 Cr by BSE & NSE for issues with its Nomination and Remuneration Committee's composition. Waiver rejected. Fines paid; company confirms current compliance with no material financial impact.