Sparkle Gold Rock Ltd Receives No Objection for Promoter Reclassification

Sparkle Gold Rock Ltd, formerly known as Sree Jayalakshmi Autospin Limited, has received a no objection letter from BSE for the reclassification of promoter K.V. Prabhakar to the 'Public' category. The reclassification is in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously submitted an application for this reclassification on April 9, 2025, but the disclosure regarding the same was submitted on September 12, 2025, which was found to be non-compliant with the stipulated timelines under Regulation 31A(8)(c). The company has assured that measures are being taken to strengthen their compliance framework to avoid such instances in the future.