A meeting of the Board of Directors of Sparc Electrex Limited was held on Wednesday, 5th August 2026, at the company's registered office. The meeting commenced at 12:30 p.m. and concluded at 01:25 p.m.
The Board considered and approved the following items:
1. Postal Ballot Process Initiation:
- Approved the Notice of Postal Ballot and calling of Postal Ballot (01-2026) for shareholder approval.
- Authorized Mr. Shobith Ganesh Hegde (Chairman) and Ms. Niki Singh (Company Secretary) to finalize and dispatch the notice.
2. Calendar of Events Approval:
- Approved the Calendar of Events for the Postal Ballot, with authority to make amendments.
3. Scrutinizer Appointment:
- Appointed M/s Pankaj Trivedi & Company (Mem No. A30512), Practicing Company Secretary, as Scrutinizer to monitor the E-voting process for Postal Ballot (01/2026) in a fair and transparent manner.
- Authorized Mr. Shobith Hegde and Ms. Niki Singh to be responsible for the entire poll process.
4. Director Resignation:
- Took note of the resignation of Ms. Sushmita Swarup Lunkad (DIN: 09044848) as a Director of the Company, effective from the closing hours of 5th August 2026.
- The resignation was due to professional and personal preoccupations and commitments.
- Ms. Lunkad confirmed there are no other material reasons for her resignation.
- Her shareholding in the company was nil.
5. Registered Office Shift:
- Approved the shifting of the registered office of the Company within the local limits of Mumbai.
- The new address is B-307, Hind Saurashtra Industrial Estate, Sir M. V. Road, Nr. Mittal Estate, J B Nagar, Marol, Andheri (East), Mumbai - 400059, Maharashtra, India.
- The shift is effective from 5th August 2026.
- The previous address was 1202, 12th Floor, Esperanza Building, Next to Bank of Baroda, 198, Linking Road, Bandra (West), Mumbai - 400050.
Postal Ballot Calendar of Events
The detailed calendar for Postal Ballot (01/2026) is as follows:
- Scrutinizer consent date: Tuesday, 04.08.2026
- Board resolution date for poll process: Wednesday, 05.08.2026
- Scrutinizer appointment date: Wednesday, 05.08.2026
- Record date for sending notice to shareholders: Friday, 31.07.2026
- Last date for dispatch of Notice of Postal Ballot: On or before 05.08.2026
- Last date for newspaper publication for e-voting details: On or before 06.08.2026
- Commencement of voting (electronic/postal): Friday, 07.08.2026
- Last date for receiving ballot forms/e-voting: Saturday, 05.09.2026
- Date resolutions deemed passed: Saturday, 05.09.2026
- Scrutinizer report submission: On or before 08.09.2026
- Result declaration by Chairman: On or before 08.09.2026
- Last date for signing of Minutes by Chairman: On or before 08.09.2026