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MoU14 Aug 2026, 07:42 pm

Spice Islands Approves MoU with Sriven Enterprises for Packaged Drinking Water

AI Summary

Spice Islands Industries Ltd announced the approval of an Agreement-cum-Memorandum of Understanding (MoU) with Sriven Enterprises. This agreement is for the contract manufacturing, filling, packing, and supply of packaged drinking water under Spice Islands' "Rogers" brand. The MoU has an initial term of five years. The company's Board of Directors also decided to adjourn their meeting to August 19, 2026, to finalize the unaudited financial results for the quarter ended June 30, 2026, due to the need for additional financial information.

Key Highlights

  • Spice Islands inks MoU with Sriven Enterprises for contract manufacturing.
  • Agreement covers "Rogers" brand packaged drinking water production.
  • MoU has an initial term of five years.
  • Board meeting adjourned to August 19 for financial results finalization.