S&S Power Switchgear Limited has notified the stock exchanges of an upcoming board meeting scheduled for Friday, May 22, 2026, pursuant to Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, bearing reference SSPSL/SEC/2026-27/MAY/01 and dated May 13, 2026, was addressed to both BSE Limited and the National Stock Exchange of India Ltd.

Board Meeting Agenda

The board meeting has been convened to deliberate upon and approve the following matters:

• Audited Financial Results (Standalone and Consolidated) of the company for the year ended March 31, 2026
• Any other business with the permission of the Chairman

The key details of the scheduled board meeting are summarised below:

Insider Trading Window Closure

In line with the company's Code of Conduct for Prevention of Insider Trading, the trading window for Designated Persons has been closed effective April 01, 2026. The closure will remain in effect until May 24, 2026, which is 48 hours after the declaration of the financial results.

The intimation was signed by Prince Thomas, Company Secretary & Compliance Officer (M. No. F11841), on behalf of S&S Power Switchgear Limited.

S&S Power Switchgears Limited has paid regulatory penalties of ₹3,28,040 each to both BSE Limited and NSE Limited for non-compliance with SEBI Listing Regulations regarding the composition of the company's Nomination and Remuneration Committee. The company paid BSE on April 09, 2026, and NSE on April 10, 2026, after its waiver application was rejected by BSE.

Penalty Details and Timeline

Both BSE Limited and NSE Limited had imposed identical penalties of ₹3,28,040 each, inclusive of GST, on the company for violating Regulation 19(1) and (2) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The violations specifically related to the composition requirements of the Nomination and Remuneration Committee.

Regulatory Compliance Status

The company has confirmed that the composition of its nomination and remuneration committee is now in full compliance with Regulation 19(1) and (2) of the Listing Regulations. S&S Power Switchgears has stated that it will continue to maintain compliance with these regulatory requirements going forward.

Financial and Operational Impact

According to the company's disclosure, there is no material impact on its financials, operations, or other business activities resulting from these penalties. The regulatory action was purely related to governance structure compliance rather than operational violations.

The disclosure was made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency with stakeholders regarding the regulatory matter and its resolution.