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 - I

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 along with DIN Mr. Jayantilal Raghunathram Suthar (DIN: 07265227)

2 Reason for Appointment / Resignation Mr. Jayantilal Raghunathram Suthar is being

appointed as an Additional Director in the category of

Non-Executive Independent Director of the Company

w.e.f. 06.06.2026, for the term of 5 years, subject to

approval of the shareholders.

3 Date of Appointment/ Cessation and

terms of appointment

Date of Appointment:- 06.06.2026

Term of Appointment: The term of his appointment as

an Independent Director shall be for a period of five

(5) years subject to approval of the shareholders.

4 Brief Profile (in case of appointment) Mr. Jayantilal Raghunathram Suthar is Qualified and

highly efficient and Competent Company Secretary &

Cost Accountant with overall 15 years’ experience in

the field of Accounts, Audit, Taxation and Corporate

laws with an ability to ensure that a Company

complies and operates in accordance with statutory

and legal provisions. Mr. Jayantilal Raghunathram

Suthar is Well-presented and highly personable with a

deep knowledge of Corporate Laws. He also possesses

an ability to strengthen ethical governance,

transparency, and accountability within organizations.

5 Disclosures of relationship between

Directors (in case of appointment of a

Director)

Mr. Jayantilal Raghunathram Suthar is not related to

any Directors of the Company.

6 Confirmation in compliance with SEBI

Letter dated June 14, 2018 read along

with BSE circular Number

LIST/COM/14/2018-19 and NSE circular

no. NSE/CML/2018/24 dated June 20,

2018

Mr. Jayantilal Raghunathram Suthar is not debarred

from holding the office of Director pursuant to any

SEBI Order or Order of any such authority.

7 Shareholding, if any in the company He is not holding any shares in 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 ----------------

L~Cl~

'

~.,

MUMBAI)~)

*

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

Annexure - II

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 along with DIN Mr. Rohit Bhatia (DIN: 10942375)

2 Reason for Appointment / Resignation Mr. Rohit Bhatia is being appointed as an Additional

Director in the category of Non-Executive

Independent Director of the Company w.e.f.

06.06.2026, for the term of 5 years, subject to

approval of the shareholders.

3 Date of Appointment/ Cessation and

terms of appointment

Date of Appointment:- 06.06.2026

Term of Appointment: The term of his appointment as

an Independent Director shall be for a period of five

(5) years subject to approval of the shareholders.

4 Brief Profile (in case of appointment) Mr. Rohit Bhatia is a Practicing Company Secretary

with hands-on experience in Corporate Governance,

Board processes, Statutory compliances, and

Regulatory matters under the Companies Act, 2013

and Allied laws. His domain of expertise is an advisory

services to the Companies on Board effectiveness,

Compliance risk Management, and Regulatory

strategy and has appearing skills before the Registrar

of Companies (ROC), Regional Director (RD), and

National Company Law Tribunal (NCLT).

5 Disclosures of relationship between

Directors (in case of appointment of a

Director)

Mr. Rohit Bhatia is not related to any Directors of the

Company.

6 Confirmation in compliance with SEBI

Letter dated June 14, 2018 read along

with BSE circular Number

LIST/COM/14/2018-19 and NSE circular

no. NSE/CML/2018/24 dated June 20,

2018

Mr. Rohit Bhatia is not debarred from holding the

office of Director pursuant to any SEBI Order or Order

of any such authority.

7 Shareholding, if any in the company He is not holding any shares in 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 ----------------

-;{j}n

~7 (~MUMlAI ~I

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

Annexure - III

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 along with DIN Ms. Asha Shravan Kumar Khedia (DIN: 11743210),

2 Reason for Appointment / Resignation Ms. Asha Shravan Kumar Khedia is being appointed as

an Additional Director in the category of Non-

Executive Independent Director of the Company w.e.f.

06.06.2026, for the term of 5 years, subject to

approval of the shareholders.

3 Date of Appointment/ Cessation and

terms of appointment

Date of Appointment:- 06.06.2026

Term of Appointment: The term of her appointment

as an Independent Women Director shall be for a

period of five (5) years subject to approval of the

shareholders.

4 Brief Profile (in case of appointment) Ms. Asha Khedia is a Practicing Company Secretary

with over 13 years of professional experience in

Taxation and Corporate Advisory. Adept at ensuring

organizational compliance with statutory and legal

provisions, while fostering transparency,

accountability, and ethical governance. Recognized

for strong analytical skills, strategic decision-making,

and effective board advisory expertise. She has

received multiple “Letters of Appreciation” from the

Principal Director General of Income Tax for dedicated

service at the Income Tax Lounge, Mumbai.

5 Disclosures of relationship between

Directors (in case of appointment of a

Director)

Ms. Asha Khedia is not related to any Directors of the

Company.

6 Confirmation in compliance with SEBI

Letter dated June 14, 2018 read along

with BSE circular Number

LIST/COM/14/2018-19 and NSE circular

no. NSE/CML/2018/24 dated June 20,

2018

Ms. Asha Khedia is not debarred from holding the

office of Director pursuant to any SEBI Order or Order

of any such authority.

7 Shareholding, if any in the company She is not holding any shares in 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 ----------------

-

(1#"'~

a

.

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