Sparc Electrex Ltd — Important, 06-06-2026: Company Update

Date: 06.06.2026

To,

The Bombay Stock Exchange Ltd

Department of Corporate Services/ Corporate Relation

Phiroze Jeejeebhoy Towers, Dalal Street,

Fort, Mumbai – 400 001, Maharashtra, India

Ref: BSE Scrip Code: 531370 | SPAR | ISIN: INE960B01015

Subject: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015

Dear Sir/Madam

With reference to the captioned subject and pursuant to Regulation 30 of the SEBI Listing Regulations, we

hereby inform you that, based on the recommendations of the Nomination and Remuneration

Committee and subject to the approval of the Members, the Board of Directors of the Company, at its

meeting held today, i.e., 6th June, 2026 at the Registered Office of the Company, inter-alia considered and

approved the following matters.

1) Appointed Mr. Jayantilal Suthar as an Additional Non-Executive Independent Director:

Appointment of Mr. Jayantilal Raghunathram Suthar (DIN: 07265227), as an Additional Director in

the category of Non-Executive Independent Director of the Company w.e.f. 6th June, 2026. The term

of his appointment as an Independent Director will be for a period of 5 (Five) years and the

appointment is subject to the approval of shareholders of the Company.

The details as required under Regulation 30 read with Schedule III of Securities and Exchange Board

of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master

Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are furnished in

Annexure - I.

2) Appointed Mr. Rohit Bhatia as an Additional Non-Executive Independent Director:

Appointment of Mr. Rohit Bhatia (DIN: 10942375), as an Additional Director in the category of Non-

Executive Independent Director of the Company w.e.f. 6th June, 2026. The term of his appointment

as an Independent Director will be for a period of 5 (Five) years and the appointment is subject to the

approval of shareholders of the Company.

The details as required under Regulation 30 read with Schedule III of Securities and Exchange Board

of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master

Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are furnished in

Annexure – II.

3) Appointed Ms. Asha Khedia as an Additional Non-Executive Independent Women Director:

Appointment of Ms. Asha Shravan Kumar Khedia (DIN: 11743210), as an Additional Director in the

category of Non-Executive Independent Women Director of the Company w.e.f. 6th June, 2026. The

term of her appointment as an Independent Director will be for a period of 5 (Five) years and the

appointment is subject to the approval of shareholders of the Company.

Registered Office :

1202, 12• Floor, Esperanza Building,

s/

Next to Bank of Baroda, 198, Linking Road,

Sandra rt/), Mumbai -400 050. India

sft--'RC ElECTRE

Tel.: 9819001811 www.sparcelectrex.com 'FN

Email: info@sparcelectrex.com / sparcelectrex@gmail.com LIMITED CIN:L31100MH1989PLC053467 GST NO.:27AAECS2631Q1ZV ----------------

----------------Page (0) Break----------------

The details as required under Regulation 30 read with Schedule III of Securities and Exchange Board

of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master

Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are furnished in

Annexure – III.

4) Resignation of Mr. Niraj Variava as an Independent Director:

Mr. Niraj Hareshbhai Variava (DIN: 09197068), has tendered his resignation from the post of Non-

Executive Independent Director of the Company, with effect from the close of business hours on 7th

June, 2026, due to completion of his present tenure of 5 years as an Independent Director of

Company.

The Board of Directors of the Company places on record its appreciation for the valuable contribution

and guidance provided by Mr. Niraj Hareshbhai Variava during his association with the Company as

an Independent Director.

The details as required under Regulation 30 read with Schedule III of Securities and Exchange Board

of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master

Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are furnished in

Annexure – IV along with the resignation letter received from Mr. Niraj Hareshbhai Variava.

5) Reappointment of M/s. Rajesh H Gupta & Co., as an Internal Auditors:

M/s. Rajesh H Gupta & Co., (FRN: 133884W), Chartered Accountants, Mumbai, has been re-

appointed by the Board of Directors as an Internal Auditors of the Company for F.Y. 2026-27 in terms

of Section 138 of the Companies Act, 2013 based on the recommendations of the Nomination and

Remuneration Committee, at its meeting held today, i.e., 6th June, 2026

The details as required under Regulation 30 read with Schedule III of Securities and Exchange Board

of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master

Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are furnished in

Annexure – V.

Thanking You

Yours Faithfully

For Sparc Electrex Limited

Shobith Ganesh Hegde

(Managing Director)

DIN: 02211021

Place: Mumbai

Encl: Annexure - I

Registered Office :

1202, 12• Floor, Esperanza Building,

s/

Next to Bank of Baroda, 198, Linking Road,

Sandra rt/), Mumbai -400 050. India

sft--'RC ElECTRE

Tel.: 9819001811 www.sparcelectrex.com 'FN

Email: info@sparcelectrex.com / sparcelectrex@gmail.com LIMITED CIN:L31100MH1989PLC053467 GST NO.:27AAECS2631Q1ZV ----------------

----------------Page (1) Break----------------

Annexure - V

The Particulars required as per Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 and read with SEBI Master Circular No.

HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given below;

Sr.

No.

Details of Event Information of such event(s)  

1 Name of Internal Auditors M/s. Rajesh H Gupta & Co., (FRN: 133884W)

2 Reason for change Viz. Appointment,

Resignation, Removal, Death or

Otherwise

M/s. Rajesh H Gupta & Co., (FRN: 133884W),

Chartered Accountants, Mumbai, Khedia is being re-

appointed as an Internal Auditors of the Company to

conduct Internal Audit of the Company for financial

year 2026-27.

3 Date of Appointment/ Cessation and

terms of appointment

Date of Appointment:- 06.06.2026

Term of Appointment: The term of 1 year to conduct

internal audit of the Company for F.Y. 2026- 27.

4 Brief Profile (in case of appointment) M/s. Rajesh H. Gupta & Co., established in year 2012,

is a Mumbai based Partnership Firm of Chartered

Accountants registered with ICAI. The firm is led by CA

Rajesh Kumar Gupta, a FCA, Insolvency Professional,

and Independent Director certified by IICA, with

additional qualifications including DISA, IFRS, and

Diploma in Concurrent Audit of Banks.

With its head office in Mumbai and branches in New

Delhi, Rajasthan, and Uttar Pradesh, the firm provides

services in Statutory Audits, Concurrent Audits,

Taxation, Corporate Advisory, and Consultancy. The

firm is empanelled with RBI (UCN No. 953990 -

Category III), CAG (BO1883), and various cooperative

banks across Maharashtra.

Their Key clients include Punjab National Bank, Bank

of Maharashtra, Bank of Baroda, SBI, Canara Bank,

NHAI, HCC Ltd., Jindal Aluminum Ltd., and listed

companies like Panther Industrial Products Ltd. and

Shrydus Industries Ltd.

M/s. Rajesh H. Gupta & Co., is committed to

upholding the highest ethical & professional

standards with utmost emphasis on the interest of

clients and the quality of professional work.

5 Disclosures of relationship between

Directors (in case of appointment of a

Director)

Not applicable

6 Shareholding, if any in the company Nil

Registered Office :

1202, 12• Floor, Esperanza Building,

s/

Next to Bank of Baroda, 198, Linking Road,

Sandra rt/), Mumbai -400 050. India

sft--'RC ElECTRE

Tel.: 9819001811 www.sparcelectrex.com 'FN

Email: info@sparcelectrex.com / sparcelectrex@gmail.com LIMITED CIN:L31100MH1989PLC053467 GST NO.:27AAECS2631Q1ZV ----------------

----------------Page (2) Break----------------

IN DIA

Rajesh Kumar Gupta

B.Com. FCA,IFRS,DISA-ICAI

RAJESH H. GUPTA i& CO.

CHARTERED ACCOUNTANTS

=~==,=====================--=--------------------------------------------------------------------

FIRM' PROFILE

I Sr. Particulars

I

I

I

No.

I. Name of Firm

2. Constitution

3. Date of Establishment

4. Contact Person & Cell NO

5. RBI UCN NO.

6. Pan No of Firm

7. Email Address

8. GST NO.

9. RBI UCN NO I

I 0. CAG Empanelment No

11. Registration No of firm with ICAI

12 Website

13 i Maharashtra Co-Op Emp No

14

I 5

16

Whether any Disciplinary action by ICAI

/Pending against any mebers/ Partnr of the

Firm

Certification Course OF BANK AUDIT

Nature of Present Activity

Rajesh H Gupta & Co.

Description

Mis. RAJESHHGUPTA & Co.

Partnership

17/04/2012

Ca Rajesh Kumar Gupta -8459734667 /9167].60159/022-

26685977

FCA, IP, DISA -ICAI , IFRS, DIPLOMA IN CON,-CURRENT

!\UDIT OF BANK, Independent Director From IICA

953990 , Category-II

AAZFR2447M

caraiesh(mraicshhgupta.com

caraiesh I 099(ahnnail.com

27 AAZFR2447M1ZA

953990-11 Category

BO1883

133884W

www.rajeshhg_ue_ta.com

14132

NO

[citification Course of Concurrent audit of Bank

I 1. PANTHER INDUSTRIAL F1RODUCTS

1 LIMITED-Listed Compan)r

2. SHRYDUS INDUSTRIES LIMITED

Listed Company

3. DHENU BUIDCON INFRJ'-LTD -Listeci

Company

4. SPARC ELECTREX LIMITED -Liste~

Company

5. ADEWSHWAR MEDITE)( -LISTEIJ

Company

Page

----------------Page (3) Break----------------

a) Banking & Insurance Punjab National Bank -Statutory AuditBunk of

Maharashtra-Statutory Audit

Bank of Baroda -CNC Auditor

State Bank of India -CNC Auditor

Union Bank of India -Special Pool buy auditor

Canara Bank -Concurrent audit

Bombay Mercantile CO-0 p Bank Ltd

Basein Catholic co op Bank ltd -Concurrent Audit

Excellent Co-Operative Bank Limited

CNCAuditor

-

Syndicate Bank -Stock audit

Stock Audit -Baseein catholic bank

l Bank of India -Stock AuditOBC

-Stock Audit

Bank of India

having involved in core activity of Audit,

Taxation and consultancy since

2012 other Firm audited are as under

-

01. NHAI ministry of Raod & transport l

b) Other than Banking & Insurance 02. Jindal Aluminum ltd

03. H.C.C. Ltd

04. Vi d e o co n re a It y & infrastrutture Ltd

Details of Partners along with qualification

Member Name of Member Qualification M.NO. Year Qualifica !Email Ij

tion

01 CA Rajesh Kumar FCA 147453 2012 FCA-K:arajesh@rnjeshhg11pta com/caraJ

Gupta DISA, IFRS ~sh I 099@g1nail.com

Diploma

in

Concurren

t Audit, ID

02 CA Ajay Kumar FCA 099929 2002 FCA a,avonlm~I~,34,a red1ffrnad com

03 CABHUMIR BBA,ACA 604387 2021 ACA abhum irandhariya@gmail.com

ATULKUMAR

ANDHARIYA

04 CA Ankit Birla FCA 434935 2017 FCA birlaankit2@gma1l.com

--

Rajesh H Gupta & Co. Page

----------------Page (4) Break----------------

-05 CA Manoj Tiwari ACA 121704 2007 ACA nanoJ.kin~ mkt@gmail.com

06 CA NITIN ISHWARBHAI M.Com, LLB, 619191 2023 ACA r-:an1tmram,:handani@gmail.com

RAMCHANDANI ACA

07 RAJIV KUMAR GUPTA B.Com,ACA 462520 2022 ACA Carajivkumar365@g

mail.com

08 CA SURESHCHANDRA ACA 642272 2025 ACA su resh solanki738@g

5HANKARBHAI SOLANKI mail.ccm

I-09 CA Purva Rajiv Doshi ACA 634685 2025 ACA prdos,hi01@gmail.

I

10 CA Ramanand Jha

H.O. -Mumbai

New Delhi

Bundi-Rajsthan

Bhavna1mr -Gujrat

MAU-UP

Rajesh H Gupta & Co.

com

I-FCA 504043 2024 FCA Rnjha25@gmail.co

m -

Rajesh H Gupta & C o.

C Cahrtered Accountants l

1st Floor Above Airtel Mini Store

Marble Line , Vakola Brid~e

Santacruz East Mumbai -400055

Ra.jesh H Gupta and Co.

C-181,Pandav Nagar

Akshardham metro Station

Mother Dairy, Nr Radha Krishna Temple

Delhi -110092

Rajesh H Gupta and Co.

F-22, First Floor

Shivam Plaza Lanka Gate Road

Bundi -Rajsthan -323001

Rajesh H Gupta and Co.

FLAT NO-203 The Sun Residency -6

HARIYALA PLOT, BEHIND GANDHI SMRITI CRESENT CIRCLE

BHAVNAGAR (GUJARAT) -364001

Page

----------------Page (5) Break----------------

AHMEDABAD -GUJRAI

RAJKOT-GUJRAI

Rajesh H Gupta and Co.

NAVA PURA ( BADHIKAMHRIYA)

MAUNATH BHANJAN

Dist; MAU U.P. -275101

Rajesh H Gupta and Co.

9999, Shakti Nagar, near Gandhinagar society,

Viramgam, Dist. Ahmedabad, Gujarat, india-364001

Rajesh H Gupta and Co.

Flat no. A-302, lsckon Heights, Nr. Adarsh Dream 1,

Alap Palm Main Road, Kasturi Residency, Mavdi,

Rajkot -Gujarat 360004

MANPOWER (included paid staff& stipend trainees)

Z Professional -3(Three)Z

Audit Staff -9 (Nine)

For Rajesh H Gupta & Co

(Chartered Accountants)

CA Rajesh Kumar Gupta

Managing Partner

,.

FCA, Insolvency Professional , Certified Concurrent Auditor , DISA, IFRS, ID

Date Place Mumbai

Rajesh H Gupta & Co. Page

----------------Page (6) Break----------------