Key Resolutions for Shareholder Approval

The Postal Ballot contains three special resolutions for shareholder approval via remote e-voting:

1. Appointment of Ms. Asha Shravan Kumar Khedia (DIN: 11743210)

  • Proposed as an Independent Women Director.
  • First term of 5 consecutive years, from June 06, 2026, to June 05, 2031.
  • Initially appointed as an Additional Director by the Board on June 06, 2026.
  • She is a Practicing Company Secretary with over 13 years of experience in Taxation and Corporate Advisory.
  • Will be entitled to sitting fees and reimbursement of expenses for Board/Committee meetings.

2. Appointment of Mr. Jayantilal Raghunathram Suthar (DIN: 07265227)

  • Proposed as an Independent Director.
  • First term of 5 consecutive years, from June 06, 2026, to June 05, 2031.
  • Initially appointed as an Additional Director by the Board on June 06, 2026.
  • Appointment was made to maintain board composition following the resignation of Mr. Niraj Hareshbhai Variava (DIN: 09197068) on June 07, 2026.
  • He is a qualified Company Secretary and Cost Accountant with 15 years of experience.
  • Will be entitled to sitting fees and reimbursement of expenses for Board/Committee meetings.

3. Appointment of Mr. Rohit Bhatia (DIN: 10942375)

  • Proposed as an Independent Director.
  • First term of 5 consecutive years, from June 06, 2026, to June 05, 2031.
  • Initially appointed as an Additional Director by the Board on June 06, 2026.
  • He is a Practicing Company Secretary with over 5 years of experience in Corporate Governance and compliance.
  • Will be entitled to sitting fees and reimbursement of expenses for Board/Committee meetings.

Director Details

| Name | DIN | Age | Qualifications | Shares Held |

| Ms. Asha Khedia | 11743210 | 37 | Company Secretary (CS) | Nil |

| Mr. Jayantilal Suthar | 07265227 | 45 | CS, Cost & Management Accountant (CMA) | Nil |

| Mr. Rohit Bhatia | 10942375 | 29 | CS, B.Com & M.Com | Nil |

Voting Process and Key Dates

  • Cut-off Date: Friday, July 31, 2026. Shareholders on the register as of this date are entitled to vote.
  • Voting Period: Remote e-voting commences at 9:00 AM IST on Friday, August 7, 2026, and ends at 5:00 PM IST on Saturday, September 5, 2026.
  • Result Declaration: The results will be announced on or before Tuesday, September 8, 2026.
  • Voting Method: The notice is sent only through electronic mode. No physical copies are dispatched. The e-voting facility is provided by Central Depository Services (India) Limited (CDSL).
  • Scrutinizer: Mr. Pankaj Trivedi (Membership No. 30512, COP No. 15301), Practicing Company Secretary, has been appointed to scrutinize the e-voting process.

Regulatory Context and Rationale

  • The appointments were initially made by the Board on June 06, 2026, under Section 161 of the Companies Act, 2013, based on the recommendations of the Nomination and Remuneration Committee.
  • All three directors have submitted declarations confirming their independence under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI LODR Regulations.
  • They have also given consent to act as directors and are registered in the Independent Director's Data Bank.

Voting Outcome Rules

As per the proviso to SEBI LODR Regulation 25(2A), if a special resolution fails but the votes in favor exceed those against, and the votes cast by public members in favor also exceed those against, the appointment shall be deemed to have been made by an Ordinary Resolution.

Availability of Documents

The full Postal Ballot Notice, Explanatory Statement, and terms of appointment are available on the company's website (https://www.sparcelectrex.in/public-announcements), the websites of BSE (www.bseindia.com) and CDSL (www.evotingindia.com).