Spice Islands Appoints Prof. Toteja as Additional Director

Spice Islands Industries Limited announced the appointment of Prof. (Dr.) Gurudayal Singh Toteja as an Additional Director in the category of Non-Executive Independent Director. His term is for five years commencing July 18, 2026, subject to member approval. The company's Board also approved a Joint Venture and Commercialisation Agreement for the HYMAX Green Energy Project with Globalone Enterprises Private Limited, involving the implementation of ten HYMAX Green Energy Systems and the potential incorporation of a subsidiary. Additionally, the Board approved entering into a Business Operation and Management Agreement with The Cloud Water for a packaged drinking water plant, where Spice Islands will manage operations and receive 100% of net profits.