BSESparc Electrex LtdMediumNeutral
Announced Thu, 14 Aug · 18:18 IST

In terms of Regulation 30 of the SEBI (LODR), Regulations, 2015, this is to inform that the Board of Directors of the Company in its meeting held on 14.08.2025 at 03.30 pm at its registered ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sparc Electrex Ltd has informed BSE that its Board of Directors, at a meeting held on 14 August 2025 and on the recommendation of the Audit Committee, approved the re-appointment of M/s. Motilal & Associates (FRN: 106584W), Chartered Accountants based in Mumbai, as the company's Statutory Auditors. This will be their 2nd term, covering a period of 5 years from the conclusion of the 36th AGM up to the conclusion of the 41st AGM, subject to shareholder approval at the upcoming 36th AGM. Motilal & Associates is an established firm founded in 1985, led by 10 partners with 6 branches including offices in Dubai and London. The re-appointment is being made under Sections 139, 141, and 142 of the Companies Act, 2013.

Likely market impact

This is a routine regulatory filing confirming continuity of the existing auditor for another 5-year term. No material change in audit oversight or governance is implied; shareholders will simply vote to ratify the re-appointment at the next AGM.