This is a regulatory disclosure made by Sparc Electrex Limited to the Bombay Stock Exchange Ltd., intimating the demise of an Independent Director.
The company regrets to inform that it received information on August 17, 2026, about the sad demise of Mr. Ashok Chhaganbhai Patel (DIN: 08024669), an Independent Director of the company. His death occurred on August 15, 2026, due to a sudden cardiac attack.
The company states that Mr. Patel's unexpected demise will be an irreparable loss. All Directors and Management have expressed their deep sympathy and condolences to the bereaved family.
This intimation is made in compliance with Regulation 30(2)/(6) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references SEBI Master Circular HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.
Annexure A provides the requisite disclosures in a tabular format as required by the regulations:
- Reason for change: Death of Mr. Ashok Chhaganbhai Patel, Independent Director.
- Date of event: 15/08/2026.
- Brief Profile: Not applicable.
- Disclosure of Relationships between Directors: Not applicable.
- Information as per BSE circular LIST/COM/14/2018-19: Not Applicable.
The letter is signed by Shobith Ganesh Hegde, Managing Director (DIN: 02211021), from the company's registered office in Mumbai.