Sparc Electrex has informed that the Right Issue Committee and Board of Directors of the Company in its respective meetings held on today 26th March, 2024 at its registered office have discussed and approved to send / dispatch Third and Final Reminder-Cum-Forfeiture Notice to the 1,10,81,733 partly paid-up equity shareholders of the Company, from whom the first and final call money of Rs.14.25 per share (comprising of Rs.7.50 towards face value and Rs.6.75 towards Securities Premium) along with interest @ 8% pa thereon continues to remain unpaid as on date. The Company will complete the dispatch of the Third and Final Reminder-Cum-Forfeiture Notice on or before March 27, 2024 and will intimate the exchange about the same. A copy of the Third and Final Reminder-Cum-Forfeiture Notice is enclosed herewith for you reference and records. The same is also being made available on the website of the Company at https://sparcelectrex.com/third-and-final-reminder-cum-forfeiture-notice and also at https://sparcelectrex.com/wp-content/uploads/2024/03/Notice-of-3rd-reminder-call-rightissue.pdf
The above information is a part of company’s filings submitted to BSE.