Spice Lounge Not a Large Corporate for FY26, Exempt from SEBI Debt Rules

Spice Lounge Food Works Ltd (formerly Shalimar Agencies Limited) has officially declared that it does not fall under the 'Large Entity' category as defined by SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/114, dated November 26, 2018. This circular pertains to fund-raising through debt securities by large entities and their disclosure obligations. Consequently, the company is not considered a Large Corporate for the financial year ending March 31, 2026. Furthermore, Spice Lounge Food Works has confirmed that it has not raised any funds by issuing debt securities. This disclosure ensures compliance with the relevant SEBI regulations.