S & S Power Switchgear Ltd
NSE: S&SPOWER BSE: 517273
₹294.10
(1.36%)
Sat, 10 Oct 2026, 11:07 am
Market Cap (in Cr)369.51
PE Ratio44.89
Dividend0
Producer Manufacturing
Electrical Products
24.5KCompany 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.
