SPICE ISLANDS APPARELS LTD.-$

Spice Islands Industries Limited has commenced production of packaged drinking water, club soda, flavored soda, and allied products. This follows an earlier agreement-cum-memorandum of understanding (MOU) with Erva Food and Beverages Private Limited. The commencement of production signifies a significant step in operationalizing the commercial arrangement and expanding the company's business into the packaged drinking water segment. Photographs of the production activities have been enclosed with the filing.

Spice Islands Industries Ltd has announced the successful opening ceremony of its newly leased hotel, 'The Ocean Prime', on September 25, 2026. The company commenced operations of the 26-room hotel, which includes restaurant facilities, following a Hotel Lease & Operating Agreement signed on June 25, 2026, with Ladhu Kara Charities. The agreement is valid for 11 months and 29 days, ending June 30, 2027. This move is part of the company's strategy to expand its hospitality business and generate additional revenue.

Spice Islands Industries Ltd has announced the closure of its trading window for dealing in securities. This closure will be effective from the close of business hours on September 30, 2026, and will remain in effect until 48 hours after the declaration of the company's unaudited financial results for the second quarter and half-year ended September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, to prevent insider trading. The specific date for the board meeting to approve these financial results will be communicated later.

Spice Islands Industries Ltd announced that SEBI conducted Search and Seizure proceedings at its registered office, a director's residence, and other associated locations on September 10, 2026. The proceedings concluded on the same day. The company stated it fully cooperated with SEBI officials and provided requested information and documents. Business operations remained uninterrupted during and after the proceedings. As of the filing date, no specific violation or contravention has been communicated by SEBI. The financial impact, if any, is currently not quantifiable.

Spice Islands Industries Ltd has provided a clarification to BSE regarding the delay in submitting its unaudited financial results for the quarter ended June 30, 2026. The Board meeting scheduled for August 14, 2026, was adjourned to August 19, 2026, to incorporate additional information and clarifications on accounting and financial matters. The company states the delay was due to the need for completeness and accuracy, not wilful intent, and regrets the procedural lapse, assuring future adherence to timelines.

Spice Islands Industries Ltd announced the revised outcome of its adjourned Board Meeting held on August 19, 2026. The Board considered and approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The meeting was originally scheduled for August 14, 2026, but was adjourned to allow management to provide additional information and clarifications for the financial results. The Limited Review Report from the Statutory Auditors was also approved and enclosed.

Spice Islands Industries Limited held an adjourned Board Meeting on August 19, 2026, to approve the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The meeting was originally scheduled for August 14, 2026, but was postponed to gather additional information. The Board has now approved the financial results along with the Limited Review Report from the statutory auditors, Giriraj Bang & Company.

Spice Islands Industries Ltd has informed that Regulation 23(9) of SEBI (LODR) Regulations, 2015, concerning disclosure of related party transactions, is not applicable to the company for the quarter ended June 30, 2026. This non-applicability is due to the company's paid-up share capital of ₹6,23,33,240 and net worth of ₹14,02,00,000 as of March 31, 2026, which are below the prescribed thresholds of ₹10 Crores and ₹25 Crores respectively, as per Regulation 15(2) of the Listing Regulations. Consequently, the company is exempt from submitting disclosures related to related party transactions for the specified period.

Spice Islands Industries Ltd announced the approval of its Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The board meeting, originally scheduled for August 14, 2026, was adjourned to August 19, 2026, to allow management to gather additional information. The results were subsequently approved along with the Limited Review Report from the statutory auditors. The meeting was held from 4:30 PM to 5:30 PM on August 19, 2026.

Spice Islands Industries Ltd announced the outcome of its adjourned board meeting held on August 19, 2026. The board considered and approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The meeting was originally scheduled for August 14, 2026, but was adjourned to allow management to provide additional information and clarifications on accounting and financial matters. The Statutory Auditors have issued a Limited Review Report on these results.