
Sparc Electrex Board Approves Q1 FY27 Unaudited Results
Sparc Electrex Limited's Board of Directors convened on August 14, 2026, approving the unaudited standalone financial results for the quarter ended June 30, 2026. The board also recommended the re-appointment of a director retiring by rotation, approved the Secretarial Audit Report for FY 2025-26, and adopted the Director's Report and AGM notice for the 37th Annual General Meeting. The company fixed the AGM date for September 30, 2026, and the closure of the Register of Members from September 23-30, 2026. The auditor's limited review report highlighted qualified conclusions regarding inventory write-offs, trade receivables, and trade payables for FY 2025-26, and noted the company's bank account has been frozen by the Income Tax Department.
Key Highlights
- Board approved Q1 FY27 unaudited standalone financial results.
- Recommended re-appointment of director retiring by rotation.
- Approved Secretarial Audit Report for FY 2025-26.
- 37th AGM scheduled for September 30, 2026.
- Auditor issued a qualified conclusion on FY26 financial matters.
Price Impact
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