Sparc Electrex Limited has rescheduled its board meeting to June 6, 2026, to consider the audited standalone financial results for the quarter and financial year ended March 31, 2026. The meeting was originally set for May 30, 2026, but was postponed due to delays in reconciling inter-branch accounts. The rescheduled meeting will be held at the company's registered office in Mumbai at 3:30 p.m.

Agenda for the Board Meeting

The board will deliberate on several key items, including the approval of the audited financial results for the fourth quarter and the full fiscal year. Additionally, the directors will review the Annual Secretarial Compliance Report and the Secretarial Audit for the financial year ended March 31, 2026. The board will also consider the appointment of three additional directors and the reappointment of internal auditors.

Key Meeting Details

Director Appointments and Auditor Reappointment

The board will consider the appointment of Mr. Jayantilal Suthar, Mr. Rohit Bhatia, and Ms. Asha Khedia as Additional Non-Executive Independent Directors. Additionally, the reappointment of M/s. Rajesh H Gupta & Co. as Internal Auditors for FY 2026-27 will be reviewed.

Trading Window Closure

In accordance with regulatory requirements, the trading window for dealing in the securities of the company has been closed since April 1, 2026. This window will remain closed until 48 hours after the announcement of the audited financial results by the board.

Sparc Electrex Limited formally notified BSE Limited about the resignation of Executive Director Mr. Suresh Vishwanathan on 24th April 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was attributed to preoccupancy, with the director confirming no other material reasons beyond those mentioned in his resignation letter.

Executive Director Resignation Details

Mr. Suresh Vishwanathan submitted his resignation from the position of Executive Director effective from the closing hours of 24th April 2026. The company's Managing Director, Shobith Ganesh Hegde, signed the official communication to BSE Limited, ensuring regulatory compliance under the listing regulations.

Regulatory Compliance and Documentation

The company fulfilled its regulatory obligations by submitting comprehensive documentation to BSE Limited, including the resignation letter and detailed annexure as required under SEBI circular guidelines. The notification was digitally signed by Managing Director Shobith Ganesh Hegde and submitted with proper corporate authentication.

Corporate Governance and Transparency

The resignation follows proper corporate governance protocols, with the departing director providing written confirmation that no material reasons exist beyond preoccupancy. The company's registered office at Esperanza Building, Bandra West, Mumbai, served as the venue for processing the resignation documentation. This leadership change demonstrates the company's commitment to transparent disclosure practices and regulatory compliance in managing executive transitions.