Shalimar Agencies Ltd

Spice Lounge Food Works Ltd has announced the closure of its trading window from July 1, 2026, until 48 hours after the board meeting where the financial results for the first quarter ended June 30, 2026, are approved. This measure is in accordance with the company's 'Code of Conduct for Regulating, Monitoring & Reporting of Trading by Designated Persons'. All designated persons and their immediate relatives are advised against trading in the company's equity shares during this period. The exact date of the board meeting will be communicated later.

Spice Lounge Food Works Ltd has issued a clarification regarding the recent significant movement in its share price. The company confirmed that it is in full compliance with SEBI (LODR) Regulations, 2015, and has disclosed all necessary price-sensitive information to the stock exchanges. The management stated that there is no undisclosed material information or impending announcements that could impact the stock's performance, attributing the price volatility entirely to market forces.

Spice Lounge Food Works Limited (formerly Shalimar Agencies Limited) announced the formal reclassification of its outgoing promoter group to the 'Public' category. This follows the successful conclusion of an open offer on November 8, 2024, by Acquirers Spice Lounge LLP, Mohan Babu Karjela, and Venugopal Naidu Kongarla Venkatesh, along with PACs. The open offer, for 11,33,262 equity shares (100% of existing public shareholding), resulted in the transfer of management and control to the Acquirers, who are now the new Promoters. The reclassification of the outgoing promoter, IT Trailblazers Resources Private Limited, which holds no shares, complies with Regulation 31A(10) of SEBI LODR Regulations and other specified conditions. The company also confirmed compliance with minimum public shareholding norms.

Spice Lounge Food Works Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The meeting will also address any other matter with the permission of the chair.

Spice Lounge Food Works Ltd. has clarified that the recent movement in the company's share price is purely market-driven. The company confirms compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and states that all material information has been disclosed to the stock exchanges. There are no undisclosed material announcements that could be affecting the share price.

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.

Spice Lounge Food Works Ltd responded to a request from the stock exchange regarding significant movement in its share price. The company stated that it is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has promptly informed the stock exchange of all material and price-sensitive information. Spice Lounge further clarified that there is no undisclosed material information or impending announcement that could influence the company's share price behavior. The company attributed the share price movement solely to market-driven factors and reaffirmed its commitment to disclose any future material information as required by regulations.

Spice Lounge Food Works Ltd has announced the closure of its trading window from April 1, 2026, until 48 hours after the approval of the financial results for the quarter and year ended on 31st March 2026. This decision is in accordance with the company's 'Code of Conduct for Regulating, Monitoring & Reporting of Trading by Designated Persons & their Immediate Relatives and for Fair Disclosure'. All designated persons and their immediate relatives are advised not to deal in the company's equity shares during this period. The date of the board meeting to consider and approve the financial results will be intimated in due course.

Spice Lounge Food Works Ltd, through its experiential and cultural platform XORA World, announced that it will present Circoloco Mumbai 2026. This marks India’s official entry into the global Circoloco circuit, positioning Mumbai as the gateway to South Asia for the globally iconic underground music and lifestyle brand. The event is scheduled to be held on 19 April 2026 at Jio World Garden, Mumbai, and will feature a curated international lineup of leading figures in the global underground house and techno ecosystem.

Spice Lounge Food Works Ltd, through its experiential and cultural events platform XORA World, is set to present internationally acclaimed DJ and Grammy Award-winning artist Black Coffee on 02 April 2026 at Quake Arena, Hyderabad. This event is part of the Company's broader XORA World pipeline, which includes a multi-genre event strategy and scalable large-format event capabilities. The Company aims to create repeatable, high-impact consumer engagement platforms, enhancing brand visibility, direct-to-consumer engagement channels, cross-brand synergies, and non-linear revenue streams.