Sparc Electrex has informed that the meeting of the Board of Directors of Sparc Electrex was held today on 23rd September, 2022 on Friday at the Registered office of the Company at 11.am and concluded at 12.10 pm. The Board considered & approved the proposal for issuance of equity shares of face value of Rs.10.00 (Indian Rupees Ten Only) for an amount not exceeding Rs.30,00,00,000 (Indian Rupees Thirty Crore Only) through a Rights Issue.
The above information is a part of company’s filings submitted to BSE.