Spice Islands Industries Ltd. Fixes AGM Date; Approves Share Split

Spice Islands Industries Limited announced that its Board of Directors, in a meeting held on July 03, 2026, has fixed Friday, August 07, 2026, at 11:30 AM as the date for the 38th Annual General Meeting (AGM). The board also approved several key proposals, including the sub-division of equity shares from one share of face value Rs. 10/- into five shares of Rs. 2/- each, subject to shareholder and regulatory approvals. Additionally, the board approved consequential alterations to the Memorandum of Association, re-designation of Mr. Sandeep Jamnadas Merchant to Managing Director and Vice Chairman, and regularization of appointments for several directors, including Mrs. Nitu Vishwakarma, Dr. Huzaifa Habil Khorakiwala, and Mr. Nikhil Saran Mathur. The board also approved re-appointment of a director retiring by rotation and several related party transactions, including a joint venture for functional wellness beverages.