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S & S Power Switchgear Ltd logo

S & S Power Switchgear Ltd

NSE: S&SPOWER BSE: 517273

₹324.75

(-1.99%)

Thu, 09 Apr 2026, 04:34 am

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Company History

1975

  • The Company was Incorporated on 1st September, at Chennai.
  • The Company was promoted by N.S. Sethuraman, V. Srinivasan and A.R. Santhanakrishan.

1977

  • 700 shares were subscribed for by the signatories to the Memorandum of Association.
  • 79,300 shares were taken up by promoters, directors, etc.
  • 1,20,000 shares were offered at par to the public in October.

1980

  • 1,60,000 shares were allotted at par to Hawker Siddely Switchgear Ltd. U.K.
  • 40,000 shares were taken up by promoters, directors, etc.

1983

  • 4,00,000 rights shares were issued at par in the ratio 1:1.

1986

  • The Company entered into an agency agreement with Ferranti Instrumentation, Ltd. U.K. for distribution of some of their products.

1987

  • The Company obtained Govt. of India's approval for the manufacture of miniature circuit breakers in collaboration with AEG Aktiengesellschaft, West Germany.
  • The Company obtained approval for the manufacture of disturbance recorders in collaboration with Ferranti Instrumentation Ltd. U.K.

1991

  • The Company embarked upon a mechanisation/expansion programme for its existing products.
  • The Company proposed to add auxiliary switches, high current isolators, and residual current circuit breakers to its product range.

1992

  • 14,40,000 shares were issued, with 8,00,000 shares offered as rights and 72,000 shares reserved and allotted on a preferential basis to employees.
  • 5,68,000 shares were offered to the public in March, with an additional 2,16,000 shares allotted to retain oversubscription.

1993

  • A Memorandum of agreement was signed with South Wales Switchgear Ltd. for supply of technical know-how for the manufacture of SF 6 switch gear.
  • The Company developed a new innovative range of switchgears, a range of vacuum auto reclosers.
  • The Company raised funds to the extent of Rs.750 lakhs through placement of commercial paper.
  • The Company issued 25,00,000 warrants to the promoters, convertible into equity shares.

2002

  • Mr Ashish Jalan's letter of resignation was accepted by the Board and he was unanimously elected as Chairman.
  • Mr S Purkayastha was inducted as a Director on the Board of the Company.
  • The Board appointed Mr S Purkayastha as the Managing Director of the Company.
  • Mr S C Bhatia's letter of resignation as Nominee Director (ICICI) was accepted.

2006

  • The Registered Office of the Company was shifted to Door No 16, TTK Road First Cross Street, Alwarpet, Chennai 600 018.

2009

  • The Registered Office of the Company was shifted to No. II Floor, No.19, (Old No.67), Dr. Ranga Road, Mylapore, Chennai 600004.

2023

  • S & S Power Switchgear received an order for sale of isolators for MP Intra State Transmission Project through an EPC for a sum of Rs. 896.99 Lakhs.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800