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Sparkle Gold Rock Ltd has officially appointed Om Prakash Sharma as its Chief Executive Officer, effective September 19, 2025, following board approval during a scheduled meeting held at the company’s newly relocated corporate office in Jaipur, Rajasthan. The appointment marks a pivotal moment in the company’s ongoing transformation, which includes a shift in operational geography and a renewed focus on strategic growth.
Sharma’s induction comes at a time when Sparkle Gold Rock is redefining its corporate identity, having recently transitioned from its former name, Sree Jayalakshmi Autospin Ltd. The company’s leadership believes that Sharma’s experience and vision will be instrumental in steering the organization through its next phase of evolution.
Key Highlights From The Appointment
- Om Prakash Sharma appointed CEO of Sparkle Gold Rock Ltd, effective September 19, 2025
- Appointment approved under Section 203 of the Companies Act, 2013
- Board meeting held at the new registered office in Vaishali Nagar, Jaipur
- Follows recent relocation of company headquarters from Karnataka to Rajasthan
- Signals a broader strategic shift in leadership and operational direction
Background Of The Appointment
The decision to appoint Sharma was finalized during a board meeting convened specifically to address leadership restructuring. The meeting was held at the company’s new registered office located at Vaibhav Cine Multiplex, Vaishali Nagar, Jaipur, following the Ministry of Corporate Affairs’ approval of the office relocation on September 8, 2025.
Sharma’s appointment is in line with Sparkle Gold Rock’s compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The company has emphasized its commitment to transparency and governance throughout the transition process.
Leadership Profile And Strategic Vision
Om Prakash Sharma brings over two decades of experience in corporate strategy, operational turnaround, and stakeholder engagement. His prior roles include leadership positions in mid-cap manufacturing and logistics firms, where he was credited with driving profitability and digital transformation.
At Sparkle Gold Rock, Sharma is expected to focus on expanding the company’s footprint in mineral processing and allied sectors, while also exploring diversification into sustainable materials and export-driven verticals. His mandate includes streamlining internal processes, enhancing investor communication, and strengthening compliance frameworks.
Corporate Restructuring And Operational Shift
The appointment coincides with Sparkle Gold Rock’s broader restructuring efforts. The company recently completed its name change and relocated its registered office from Chitradurga, Karnataka to Jaipur, Rajasthan. These changes are seen as part of a strategic pivot toward more centralized operations and improved access to northern markets.
The company has also initiated amendments to its Memorandum and Articles of Association to reflect its new identity and operational focus. These changes are expected to be ratified during the upcoming shareholder meeting scheduled for September 30, 2025.
Market Reaction And Stakeholder Sentiment
While Sparkle Gold Rock remains a relatively low-volume stock on the BSE, the announcement of Sharma’s appointment has generated interest among institutional observers tracking leadership transitions in small-cap firms. The company’s shares traded at Rs 103.50 on September 19, reflecting a modest uptick from the previous close of Rs 100.00.
Stakeholders have welcomed the move as a sign of renewed strategic clarity, especially given the company’s history of limited public disclosures and operational ambiguity. Sharma’s appointment is expected to bring more structured communication and performance metrics to the forefront.
Looking Ahead
With Sharma at the helm, Sparkle Gold Rock Ltd is poised to enter a new chapter of growth and governance. The company’s leadership has indicated that further announcements regarding business expansion, investor outreach, and operational milestones will follow in the coming quarters.
As the company continues to evolve from its legacy identity, the new CEO’s role will be critical in shaping its future trajectory and ensuring alignment with shareholder expectations.
Sources: ScanX News Economic Times Rediff MoneyWiz
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