Sparc Electrex Ltd — Important, 17-08-2026: Company Update

Sparc Electrex Limited has informed stakeholders about the demise of Mr. Ashok Chhaganbhai Patel, an Independent Director. His unexpected passing due to a sudden cardiac attack creates a significant vacancy on the company's board. The company views this as an irreparable loss, highlighting the importance of independent oversight and strategic guidance that Mr. Patel provided. This event necessitates a future appointment to ensure full board strength and maintain corporate governance standards crucial for all shareholders.