S&S Power Switchgears logo

S&S Power Switchgears CEO, MD, chairman, board of directors and AGM

NSE: S&SPOWERBSE: 517273Electrical EquipmentSmall Cap

Last close ₹270.75up ₹18.35 (7.27%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹252.40.

52-week range of traded prices to 23 Oct 2026
₹193.50Low, 9 Dec 2025₹444.95High, 28 Apr 2026
Market cap
₹334 Cr1,940th largest listed
P/E
41.3
P/B
3.7
Dividend yield
Nonein the last 12 months
ROE
10.2%
ROCE
4.8%
Debt to equity
0.40
Volume, NSE
2,63885.1% delivered

S&S Power Switchgears board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonASHISH SUSHIL JALAN
  • Managing director and CEOKRISHNAKUMAR RAMANATHAN
  • Company Secretary and Compliance OfficerPRINCE THOMAS

8 directors4 independent1 executive3 non-executive

  • ASHISH SUSHIL JALAN · ChairpersonNon-executive · joined Feb 2002 · 1 listed board · 2 committee seats
  • KRISHNAKUMAR RAMANATHAN · Managing director and CEOExecutive · joined Feb 2024 · 1 listed board
  • VIKAS ARORANon-executive · joined Mar 2024 · 1 listed board
  • ARJUN SOOTANon-executive · joined May 2024 · 1 listed board · 1 committee seat, 1 as chair
  • SUNDARAM GAYATHRIIndependent · joined Nov 2015 · reappointed Dec 2022 · 42 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • PADMAKUMAR PIndependent · joined Jan 2025 · reappointed Jan 2025 · 17 months as independent · 1 listed board · 1 as independent
  • KARTIK NITIN SHETHIndependent · joined Feb 2025 · reappointed Feb 2025 · 16 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • MARTIN ANSELLIndependent · joined May 2026 · reappointed May 2026 · 1 month as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • AJAY HARI TANDON, left 17 Sep 2025: Others
  • AJAY KUMAR DHAGAT, left 13 Aug 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 22 May 20268 of 8 present4 independent · 100 days in between
    • 10 Feb 20266 of 7 present3 independent

  • Audit Committee

    Chair SUNDARAM GAYATHRI

    KARTIK NITIN SHETH, ASHISH SUSHIL JALAN

    • 21 May 20263 of 3 present2 independent · 100 days in between
    • 9 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair PADMAKUMAR P

    KARTIK NITIN SHETH, ASHISH SUSHIL JALAN

    • 21 May 20263 of 3 present2 independent · 100 days in between
    • 9 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair ARJUN SOOTA

    ASHISH SUSHIL JALAN, SUNDARAM GAYATHRI

    • 21 May 20263 of 3 present1 independent · 100 days in between
    • 9 Feb 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • C N K & ASSOCIATES LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
  • CNK AND ASSOCIATES LLPNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

S&S Power Switchgears AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.S&S Power Switchgears share news and announcements

Annual general meeting, 28 Sep 2026

19,430 shareholders on the register on 21 Aug 2026; present: 9 promoters and 47 others; votes counted by RANGARAJAN D / BP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. TO CONSIDER, APPROVE AND ADOPT THE AUDITED STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 ALONG WITH THE NOTES AS ON THAT DATE AND THE REPORTS OF THE AUDITORS AND THE BOARD OF DIRECTORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.23% · promoters 100.00% · institutions 0.00% · other public 1.02%

  2. TO APPOINT MR. VIKAS ARORA (DIN: 08424037) AS DIRECTOR, LIABLE TO RETIRE BY ROTATION, BEING ELIGIBLE, OFFERS HIMSELF FOR REAPPOINTMENT
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.23% · promoters 100.00% · institutions 0.00% · other public 1.02%

  3. TO APPROVE THE PAYMENT OF REMUNERATION TO NON- EXECUTIVE DIRECTORS INCLUDING INDEPENDENT DIRECTORS OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.01%

    Turnout: all 75.23% · promoters 100.00% · institutions 0.00% · other public 1.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 21 Aug 2026, 1 resolution

19,376 shareholders on the register on 17 Jul 2026; votes counted by D RANGARAJAN / BP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MR. MARTIN ANSELL (DIN: 11730141) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.38%

    Turnout: all 76.28% · promoters 100.00% · institutions 0.00% · other public 5.27%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 17 Sep 2025, 3 resolutions

19,555 shareholders on the register on 10 Sep 2025; present: 4 promoters and 43 others; votes counted by K J Chandra Mouli / BP & Associates.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND ADOPT THE AUDITED STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 ALONG WITH THE NOTES AS ON THAT DATE AND THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 75.21% · promoters 100.00% · institutions 0.00% · other public 0.93%

  2. MR. AJAY HARI TANDON (DIN: 00128667) DIRECTOR, LIABLE TO RETIRE BY ROTATION, WHO DOES NOT SEEK RE-ELECTION
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 75.21% · promoters 100.00% · institutions 0.00% · other public 0.93%

  3. TO CONSIDER AND APPROVE THE APPOINTMENT OF SECRETARIAL AUDITOR
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 75.21% · promoters 100.00% · institutions 0.00% · other public 0.93%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Mar 2025, 2 resolutions

19,833 shareholders on the register on 21 Feb 2025; votes counted by K J Chandra Mouli / BP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. REGULARIZATION OF MR. PADMAKUMAR PRABHAKARA PANICKER (DIN: 07994082) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 75.17% · promoters 100.00% · institutions 0.00% · other public 0.80%

  2. REGULARIZATION OF MR. KARTIK SHETH (DIN: 01965936) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 75.17% · promoters 100.00% · institutions 0.00% · other public 0.80%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 10 resolutions

Present: 5 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na) The Audited Standalone Financial Statements of the Company for the Financial Yearnended March 31, 2024, together with the Reports of the Board of Directors andnAuditors thereon; andnb) The Audited Consolidated Financial Statements of the Company for the Financial Yearnended March 31, 2024, together with the Reports of the Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  2. To appoint Mr. Ashish Sushil Jalan (DIN: 00031311) as director, liable to retire by rotation,nbeing eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  3. To consider and approve the appointment of Mr. Ajay Hari Tandon (DIN: 00128667) as nonindependentnand non-executive director of the company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  4. To consider and approve the appointment of Mr. Vikas Arora (DIN: 08424037) as nonindependentnand non-executive director of the company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  5. To consider and approve the appointment of Mr. Arjun Soota (DIN: 08281046) as nonindependentnand non-executive director of the company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  6. Approval of ‘S & S Power Switchgear - Employee Stock Option Scheme 2024’ (“ESOS 2024” /n“scheme”)
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  7. Approval of grant of employee stock options to the eligible employees of the subsidiaryncompany(ies) of the company under ‘S & S Power Switchgear - Employee Stock OptionnScheme 2024’ (“ESOS 2024” / “scheme”)MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  8. Approval of grant of employee stock options to the eligible employees of the holdingncompany of the company under ‘S & S Power Switchgear - Employee Stock Option Schemen2024’
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  9. Approval of grant of employee stock options under ‘S & S Power Switchgear - EmployeenStock Option Scheme 2024’ equal or more than 1% of issued capital to the identifiednemployees
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

  10. Approval of grant of employee stock options under ‘S & S Power Switchgear - EmployeenStock Option Scheme 2024’ equal or more than 1% of issued capital to the identifiednemployees
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.36%

    Turnout: all 25.23% · promoters 33.64% · institutions 0.00% · other public 0.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 21 Feb 2024, 9 resolutions

Present: 6 promoters and 37 others.The company's voting result (opens in a new tab)

  1. RECLASSIFICATION OF AUTHORISED SHARE CAPITAL AND CONSEQUENT ALTERATION OF MEMORANDUM OF ASSOCIATION
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 51.04% · promoters 100.00% · institutions 0.00% · other public 1.70%

  2. RECLASSIFICATION IN THE AUTHORISED SHARE CAPITAL AND CONSEQUENT ALTERATION OF THE CAPITAL CLAUSE IN THE ARTICLES OF ASSOCIATION OF THE COMPANY
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 51.04% · promoters 100.00% · institutions 0.00% · other public 1.70%

  3. TO CONSIDER AND APPROVE FOR GIVING AUTHORIZATION TO BOARD OF DIRECTORS FOR GIVING ANY LOAN/GUARANTEE/SECURITY UNDER SECTION 186 OF THE COMPANIES ACT, 2013 UPTO AN AGGREGATE LIMIT OF RS.1,50,00,00,000 (RUPEES ONE HUNDRED AND FIFTY CRORES)MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 51.04% · promoters 100.00% · institutions 0.00% · other public 1.70%

  4. TO CONSIDER AND APPROVE FOR GIVING AUTHORIZATION TO BOARD OF DIRECTORS TO ADVANCE ANY LOAN, GIVE ANY GUARANTEE OR TO PROVIDE ANY SECURITY TO ALL SUCH PERSON SPECIFIED UNDER SECTION 185 OF THE COMPANIES ACT, 2013 UPTO AN AGGREGATE LIMIT OF Rs. 1,50,00,00,000/- (RUPEES ONE HUNDRED AND FIFTY CRORES ONLY)MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 51.04% · promoters 100.00% · institutions 0.00% · other public 1.70%

  5. TO CONSIDER AND APPROVE FURTHER ISSUE OF EQUITY SHARES ON PREFERENTIAL BASIS FOR CASH CONSIDERATION
    SpecialPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 0.94% · promoters 0.20% · institutions 0.00% · other public 1.70%

  6. TO CONSIDER AND APPROVE FURTHER ISSUE OF EQUITY SHARES ON PREFERENTIAL BASIS FOR CONSIDERATION OTHER THAN CASH, AGAINST THE SWAP OF EQUITY SHARES OF HAMILTON RESEARCH & TECHNOLOGY PRIVATE LIMITED (HART) HELD BY THE PROPOSED ALLOTTEESMoreLess
    SpecialPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 0.94% · promoters 0.20% · institutions 0.00% · other public 1.70%

  7. TO CONSIDER AND APPROVE FURTHER ISSUE OF EQUITY SHARES ON PREFERENTIAL BASIS FOR CONSIDERATION PARTLY IN CASH AND PARTLY OTHER THAN CASH AGAINST THE SWAP OF EQUITY SHARES OF ACRASTYLE POWER (INDIA) LIMITED (APIL) HELD BY ASHISH JALAN FAMILY TRUST, THE PROPOSED ALLOTTEEMoreLess
    SpecialPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.46%

    Turnout: all 0.94% · promoters 0.20% · institutions 0.00% · other public 1.70%

  8. TO CONSIDER AND APPROVE THE APPOINTMENT OF MR KRISHNAKUMAR RAMANATHAN (DIN: 08880943) AS DIRECTOR (EXECUTIVE AND NON-INDEPENDENT) OF THE COMPANY
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 51.04% · promoters 100.00% · institutions 0.00% · other public 1.70%

  9. TO CONSIDER AND APPROVE THE APPOINTMENT OF MR. KRISHNAKUMAR RAMANATHAN (DIN: 08880943) AS MANAGING DIRECTOR OF THE COMPANY
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 51.04% · promoters 100.00% · institutions 0.00% · other public 1.70%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2023, 2 resolutions

Present: 3 promoters and 35 others.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND ADOPT THE AUDITED STANDALONE AND CONSOLIDATED FINANCIALnSTATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023 ALONG WITH THE NOTES AS ON THATnDATE AND THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.78%

    Turnout: all 50.23% · promoters 100.00% · institutions 0.00% · other public 0.05%

  2. TO APPOINT MR. ASHISH SUSHIL JALAN (DIN: 00031311) AS DIRECTOR, LIABLE TO RETIRE BYnROTATION, BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.78%

    Turnout: all 50.23% · promoters 100.00% · institutions 0.00% · other public 0.05%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2022, 5 resolutions

Present: 4 promoters and 35 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone and Consolidated Financial Statements for the year ended 31st March 2022 along with the notes as on that date and the reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.94%

    Turnout: all 50.25% · promoters 99.99% · institutions 0.00% · other public 0.09%

  2. To appoint Mr. Ashish Sushil Jalan (DIN: 00031311) as Director, liable to retire by rotation, being eligible, offers himself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.70%

    Turnout: all 50.25% · promoters 99.99% · institutions 0.00% · other public 0.09%

  3. To re-appoint M/s CNK Associates LLP, Chartered Accountants as Statutory Auditors of the company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.94%

    Turnout: all 50.25% · promoters 99.99% · institutions 0.00% · other public 0.09%

  4. To Re-appoint Mr. Ashok Kumar Vishwakarma (DIN: 05203223) as Managing Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.70%

    Turnout: all 50.25% · promoters 99.99% · institutions 0.00% · other public 0.09%

  5. To re-appoint Mrs. Gayathri Sundaram (DIN: 07342382) as an Independent Director for a Second Term of Five Years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.38%

    Turnout: all 50.25% · promoters 99.99% · institutions 0.00% · other public 0.09%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Dec 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.