Pursuant to Regulation 30 SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, enclosed herewith is a press release issued by the Company.
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Spice Islands Industries Ltd has received its first international purchase order from Emazing Deals in the UAE for the supply of perfumes, valued at USD 166,136 (approximately INR 13.8 million). To fulfil this order, the company has placed a corresponding purchase order with Sterling Perfumes Industries LLC, UAE, the owner of the globally recognised fragrance brand ARMAF, ensuring product authenticity and international quality standards. The transaction marks the formal commencement of the company's Global Trade vertical, which will focus on fragrances, personal care, and lifestyle products. Management views this as a foundation for building a scalable international business, with plans to expand across the Middle East and other high-growth regions.
For shareholders, this is a strategic milestone signalling the company's entry into global trade rather than a material revenue event, as the INR 13.8 million order size is small. The news may generate mild positive sentiment as it demonstrates execution capability and intent to diversify into international markets, but near-term stock price impact is likely limited.