disclosure under regulation 30 oF SEBI (LODR) Regulations, 2015- Penalty Imposed by BSE LIMITED

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Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹83.26

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.8% vs market

Non - Ferrous Metals peers, median of 14sector · industry level+1.5%-3.4% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 3.4 pts less than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-2.0+0.8-2.8+1.5-3.4

Next day

-0.0+2.0-2.0+1.5-1.6

+2.0+0.9+1.1+2.1-0.2

+4.0+1.7+2.3+2.4+1.6

+6.1+1.6+4.5+0.5+5.6

+5.5+2.2+3.3+2.9+2.7

+12.0+2.7+9.2+2.1+9.9

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+20.0+4.5+15.5+5.6+14.4

+21.3+5.6+15.7+6.4+14.9

+23.0+9.0+14.1+6.7+16.4

+15.2+3.5+11.7+6.0+9.2

UpDownMarket · Nifty Microcap 250Sector · Non - Ferrous Metals peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BSE Limited has imposed a penalty of Rs. 5,000 per day on Sparkle Gold Rock Ltd for the month of April 2025, citing non-compliance under Regulation 31A(3)(a) of SEBI (LODR) Regulations, 2015. This relates to a delay in submitting the company's reclassification application to the stock exchange. The company disputes the penalty and plans to make representations to BSE. The total financial impact for April 2025 would be approximately Rs. 1.5 lakh (Rs. 5,000 x 30 days). The company has committed to resolving the matter and complying with regulatory requirements going forward.

Likely market impact

The penalty amount is small relative to most company finances, so direct financial impact is minimal. However, it signals governance/compliance weaknesses that small-cap retail investors should monitor, especially since the company is contesting the penalty rather than accepting it.