S&S Power Switchgear Pays ₹6.56L BSE NSE Penalties

S&S Power Switchgear discloses payment of ₹3.28L penalty each to BSE and NSE for non-compliance with Nomination and Remuneration Committee composition rules.
The company's application for a waiver of the penalties was rejected by BSE Limited via email on April 08, 2026.
Penalties were paid to BSE on April 09, 2026 and to NSE on April 10, 2026, with no material financial or operational impact stated.
The company confirms its current compliance with SEBI LODR Regulation 19(1) and (2) requirements for committee composition.