S&S Power Switchgears Limited — Important, 27-02-2025: Updates

The Board of Directors has approved the regularization of Mr. Padmakumar Prabhakumar Panicker and Mr. Kartik Sheth as Independent Directors for a term of five years, pending shareholder approval via postal ballot. Mr. Panicker brings significant HR expertise, focusing on organizational restructuring and people practices, while Mr. Sheth has extensive experience in leadership and management, having previously held positions at notable companies such as Unilever and Airtel. His current role as CEO of Foxy and academic involvement as a visiting professor at BITSoM and Ashoka University enhances his profile. This move reflects the company's commitment to strengthening its governance and leadership capabilities, potentially driving positive outcomes in strategic initiatives and investor confidence in the future.