Sparc Electrex Limited Files SEBI SAST Declaration for FY26 with 26.53% Promoter Shareholding

1 min read     Updated on 03 Apr 2026, 07:40 PM
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Sparc Electrex Limited has submitted its SEBI SAST declaration for FY26, disclosing promoter shareholding of 26.53% through 5,187,258 equity shares. The filing by Mrs. Shobha Anant Hegde confirms no encumbrances on promoter holdings as of March 31, 2026. The shareholding includes both fully paid-up and partly paid-up equity shares, maintaining regulatory compliance under SEBI takeover regulations.

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Sparc Electrex Limited has filed its mandatory declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure was submitted to the Bombay Stock Exchange on April 3, 2026, by Managing Director Shobith Hegde on behalf of the company.

Promoter Shareholding Details

The declaration was made by Mrs. Shobha Anant Hegde, a promoter of the company, representing herself and the promoter group. The filing provides comprehensive details of the promoter shareholding structure as of March 31, 2026.

Parameter: Details
Total Promoter Shares: 5,187,258 equity shares
Shareholding Percentage: 26.53%
Fully Paid-up Shares: 1,60,044 shares
Partly Paid-up Shares: 50,27,214 shares
Face Value: Rs. 10/- each
Paid-up Value (Partly Paid): Rs. 2.50/- each
Encumbrance Status: No encumbrances

Regulatory Compliance

The declaration fulfills the company's obligation under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. Mrs. Shobha Anant Hegde confirmed in her statement that the promoter group's shareholding of 26.53% is free from any encumbrances, directly or indirectly, as of March 31, 2026.

Filing Details

The disclosure was formally submitted to both the Bombay Stock Exchange and the company's Audit Committee. Sparc Electrex Limited, which trades under BSE Scrip Code 531370, maintains its registered office at Esperanza Building, Bandra West, Mumbai. The company's Managing Director, Shobith Hegde, digitally signed the submission on April 3, 2026, ensuring proper authentication of the regulatory filing.

Share Structure Analysis

The promoter shareholding consists of a mixed structure of equity shares with different payment statuses. The majority of the promoter holdings comprise partly paid-up shares, with only a small portion being fully paid-up equity shares. This structure reflects the company's capital composition and the promoters' investment pattern in Sparc Electrex Limited.

Historical Stock Returns for Sparc Electrex

1 Day5 Days1 Month6 Months1 Year5 Years
-1.83%+6.25%+110.57%+9.94%-14.16%+95.24%

Will the promoters convert their partly paid-up shares to fully paid-up status, and how might this impact the company's capital structure?

Could the significant proportion of partly paid-up shares in promoter holdings indicate potential future capital calls or fundraising plans?

How might the 26.53% promoter shareholding influence any potential merger, acquisition, or strategic partnership discussions?

Sparc Electrex Limited Confirms Non-Large Corporate Status as on March 31, 2026

1 min read     Updated on 03 Apr 2026, 04:59 PM
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Sparc Electrex Limited has disclosed to BSE that it does not fall under the Large Corporate category as on March 31, 2026, pursuant to SEBI circulars regarding debt securities issuance by Large Corporates. The disclosure was signed by Managing Director Shobith Hegde and submitted under scrip code 531370 for regulatory compliance and record purposes.

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Sparc Electrex Limited has formally communicated to the Bombay Stock Exchange that it does not qualify as a Large Corporate entity as on March 31, 2026, according to the regulatory framework established by SEBI for debt securities issuance.

Regulatory Compliance Disclosure

The disclosure was made pursuant to multiple SEBI circulars governing Large Corporate classifications and compliance requirements. The company referenced several key regulatory documents in its submission:

Circular Reference Date Purpose
SEBI/HO/DDHS/CIR/P/2018/144 November 26, 2018 Fund raising by debt securities issuance
SEBI/HO/DDHS/P/CIR/2021/613 August 10, 2021 Large Corporate compliance framework
SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/049 March 31, 2023 Updated LC guidelines
SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 October 19, 2023 Latest LC compliance requirements

Company Status Confirmation

Sparc Electrex Limited explicitly stated that it does not fall under the Large Corporate category as per the framework provided in the aforementioned SEBI circulars. This classification is significant as Large Corporates are subject to specific disclosure and compliance requirements related to debt securities issuance.

Filing Details

The disclosure was submitted to BSE under the company's scrip code 531370 and was signed by Managing Director Shobith Hegde (DIN: 02211021) on April 3, 2026. The communication requested BSE to acknowledge receipt and maintain the disclosure on record.

Corporate Information

Parameter Details
Registered Office 1202, 12th Floor, Esperanza Building, Bandra (W), Mumbai - 400 050
CIN L31100MH1989PLC053467
GST Number 27AAECS2631Q1ZY
Contact info@sparcelectrex.com

This regulatory filing ensures compliance with SEBI's transparency requirements and provides clarity to stakeholders regarding the company's current classification status under the Large Corporate framework.

Historical Stock Returns for Sparc Electrex

1 Day5 Days1 Month6 Months1 Year5 Years
-1.83%+6.25%+110.57%+9.94%-14.16%+95.24%

What are the specific financial thresholds or criteria that Sparc Electrex would need to meet to qualify as a Large Corporate in future assessments?

How might this non-Large Corporate status impact Sparc Electrex's ability to raise capital through debt securities compared to larger competitors?

Will this classification allow Sparc Electrex to avoid certain regulatory compliance costs and reporting burdens that Large Corporates face?

More News on Sparc Electrex

1 Year Returns:-14.16%