Sparc Electrex Promoter Shobha Hegde Sells 1.15 Lakh Shares in Open Market Transaction

Sparc Electrex Limited has announced a significant share transaction by one of its promoters. Shobha Anant Hegde, a promoter of the company, sold 1,15,000 fully paid-up equity shares through open market on December 10, 2025. The disclosure was submitted to the Bombay Stock Exchange on December 11, 2025, in compliance with SEBI regulations.

Transaction Details

The share sale transaction involved specific regulatory disclosures under multiple SEBI regulations. The following table summarizes the key transaction parameters:

Parameter	Details
Shares Sold	1,15,000 fully paid-up equity shares
Transaction Date	December 10, 2025
Mode of Sale	Open Market
Disclosure Date	December 11, 2025
Regulatory Framework	SEBI (SAST) Regulations 2011 & SEBI (PIT) Regulations 2015

Individual Shareholding Changes

Shobha Hegde's individual shareholding in the company underwent notable changes following the transaction. Her holding comprised both fully paid-up and partly paid-up shares before the sale.

Shareholding Metric	Before Sale	After Sale	Change
Number of Shares	6,04,056	4,89,056	-1,15,000
Percentage Holding	3.09%	2.50%	-0.59%
Share Composition (Before)	1,25,368 fully paid + 4,78,688 partly paid	-	-

The promoter's individual shareholding calculation is based on the company's total outstanding shares of 1,95,56,000.

Combined PAC Holdings

The transaction also impacted the combined holdings of persons acting in concert (PAC) with Shobha Hegde. The PAC includes Shobith Hegde, Electrox International Private Limited, and Electrox Power Tools Private Limited.

Combined Holdings	Before Sale	After Sale	Reduction
Total Shares	33,02,586	31,87,586	1,15,000
Percentage	27.12%	26.53%	-0.59%

Company Share Capital Structure

Sparc Electrex Limited maintains a dual share capital structure with both fully paid-up and partly paid-up equity shares. The company's equity share capital composition remains unchanged following this transaction:

Share Type	Details
Fully Paid-up Shares	1,00,23,225 shares of ₹10.00 each
Partly Paid-up Shares	95,32,775 shares of ₹2.50 each
Face Value	₹10.00 per share
Total Outstanding Shares	1,95,56,000 shares

Regulatory Compliance

The disclosure was made in accordance with established regulatory requirements. Shobha Hegde submitted the necessary documentation under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The promoter's address is listed as 601, Raheja Grand Turner Road, Opposite FAB India, Bandra West, Mumbai-400050. The company's Managing Director, Shobith Ganesh Hegde (DIN: 02211021), digitally signed the disclosure documents on December 11, 2025, confirming the transaction details to the stock exchange.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	+2.49%	-7.66%	-27.35%	-64.33%	+64.12%

Sparc Electrex Limited , a manufacturer of electrical equipment, has reported a substantial decline in its financial performance for the first quarter of fiscal year 2026, according to the company's latest financial results.

Revenue Plummets

The company's total income for Q1 FY2026 dropped dramatically to Rs. 9.60 lakhs, down from Rs. 89.48 lakhs in the same quarter of the previous year. This represents a steep 89% year-over-year decline in revenue.

Significant Net Loss

Sparc Electrex swung to a net loss after tax of Rs. 65.65 lakhs in Q1 FY2026, compared to a profit of Rs. 4.17 lakhs in Q1 FY2025. This marks a significant deterioration in the company's bottom line.

Earnings Per Share Turn Negative

The company's earnings per share (EPS) reflected the poor performance:

Basic EPS: Rs. (0.65) in Q1 FY2026, down from Rs. 0.04 in Q1 FY2025
Diluted EPS: Rs. (0.34) in Q1 FY2026, compared to Rs. 0.02 in Q1 FY2025

Financial Position

Sparc Electrex's equity share capital remained unchanged at Rs. 1248.59 lakhs. The company did not report any reserves for the quarter, compared to Rs. 1106.03 lakhs in reserves at the end of the previous fiscal year.

Particulars (in Rs. Lakhs)	Q1 FY2026	Q1 FY2025	% Change
Total Income	9.60	89.48	-89%
Net Profit/(Loss)	(65.65)	4.17	-1674%
Basic EPS (in Rs.)	(0.65)	0.04	-1725%

Management Approval

The board of directors approved these unaudited financial results on August 14, 2025. The results were subsequently published in newspapers on August 15, 2025, as per regulatory requirements.

Segment Reporting

The company operates in two segments as defined by IND AS 108, with segment reporting attached to the financial results.

Investors and stakeholders should note that these results have undergone a limited review by the company's auditors in accordance with SEBI regulations. The full format of the financial results is available on the BSE website and the company's official website for further details.