BSESparc Electrex LtdMediumNeutral
Announced Sat, 6 Jun · 18:00 IST

In terms of Regulation 30 read with Schedule III of SEBI (LODR), Regulations, 2015 this is to inform you that the Board of Directors in its meeting held on 06.06.2026 at its registered ....

Management Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
-7.7%1-day move
₹5.20
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-7.7-7.7-7.5-2.9+1.9+1.9-14.0-13.5
Up moveDown movePending
AI summary

The Board of Sparc Electrex Ltd, at its meeting on 6th June 2026, approved the appointment of three new Non-Executive Independent Directors: Mr. Jayantilal Suthar, Mr. Rohit Bhatia, and Ms. Asha Khedia (as Independent Women Director), each for a 5-year term subject to shareholder approval. Mr. Niraj Variava resigned as Independent Director effective 7th June 2026 after completing his 5-year tenure, and the Board placed on record its appreciation for his contributions. Additionally, M/s. Rajesh H Gupta & Co., Chartered Accountants, was reappointed as Internal Auditor for FY 2026-27.

Likely market impact

These are routine corporate governance changes with no material impact on operations or financials. The net change adds two new independent directors to the Board while maintaining compliance with independent director requirements, which is positive for governance standards.