Sparc Electrex Limited Clarifies Price Movement to BSE, Confirms Market-Driven Fluctuations

Sparc electrex Limited has issued a clarification to the Bombay Stock Exchange regarding significant price movement in its securities, emphasizing that the fluctuations are purely market-driven. The company's response, dated April 06, 2026, addresses BSE's inquiry about recent price volatility in the company's shares.

Company's Position on Price Movement

The electrical equipment manufacturer clarified that its equity shares are freely and frequently traded on the exchange, with the company having no control over price movements at any given time. Managing Director Shobith Ganesh Hegde emphasized that the present movement or fluctuation in share price is purely market-driven, with neither the company nor its stakeholders playing any role in such movements.

Insider Trading Compliance

A key highlight of the clarification was the company's confirmation regarding insider trading compliance. The management stated that none of the promoters, directors, or key managerial personnel have undertaken any transactions in the company's shares during the period of price movement. This disclosure addresses potential concerns about insider trading activities that could influence stock price behavior.

Parameter	Details
BSE Script Code	531370
Reference Date	April 06, 2026
BSE Reference No.	L/SURV/ONL/PV/SG/2026-2027/2
Signatory	Shobith Ganesh Hegde, Managing Director
DIN	02211021

Regulatory Compliance Assurance

Sparc Electrex Limited confirmed its commitment to regulatory compliance, stating that all necessary disclosures have been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company assured that it has not withheld any material information or events that could impact the price or volume behavior of its securities.

Future Disclosure Commitment

The company has assured the exchange of its commitment to transparency, promising to promptly inform and disclose any material events or information as required under Regulation 30 of the Listing Regulations. This commitment reinforces the company's dedication to maintaining proper disclosure standards and regulatory compliance in its market operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.87%	-0.58%	+124.26%	+10.32%	-15.76%	+92.13%

Sparc Electrex Limited has filed its annual disclosure with the Bombay Stock Exchange for FY 2025-26, fulfilling regulatory requirements under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The disclosure pertains to the company's borrowing activities through debt securities and compliance with mandatory borrowing norms.

Current Block Period Details

The company's disclosure covers the 2-year block period spanning FY 2025-26 and FY 2026-27. All key borrowing parameters for the current financial year show nil values, indicating minimal borrowing activity during this period.

Parameter	Details
Block Period	FY 2025-26 & FY 2026-27
Incremental Borrowing (FY T)	Nil
Mandatory Debt Securities Borrowing	Nil
Actual Debt Securities Borrowing	Nil
Shortfall from Previous Year	Nil
Current Year Shortfall	Nil

Regulatory Compliance Status

The company reported no incremental borrowing for FY 2025-26, which resulted in no mandatory requirement for borrowing through debt securities. Under SEBI regulations, companies are required to raise 25% of their incremental borrowing through debt securities. Since Sparc Electrex Limited had nil incremental borrowing, the mandatory borrowing requirement through debt securities also stands at nil.

Penalty Assessment

For the previous block period, the company faces no penalties related to debt securities borrowing compliance. The penalty structure, calculated at 0.2% of any shortfall amount, does not apply as there were no shortfalls in mandatory borrowing requirements.

Penalty Details	Amount
Previous Block Period	(T-1), (T)
Fine Amount	Nil

Corporate Information

The disclosure was signed by Shobith Hegde, Managing Director (DIN: 02211021), and submitted to BSE on April 3, 2026. The company operates from its registered office at Esperanza Building, Bandra West, Mumbai, and trades on BSE under scrip code 531370. This annual disclosure ensures transparency in the company's borrowing practices and demonstrates compliance with SEBI's debt securities regulations for large corporates.