OUTCOME OF THE BOARD MEETING
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Spice Lounge Food Works Ltd held a board meeting on October 23, 2025, from 4:00 PM to 5:30 PM at its registered office in Hyderabad. The main item on the agenda was a proposal for acquiring entity(ies) or business(es). After detailed discussion, the board decided to postpone the decision on this acquisition to the next board meeting scheduled for October 28, 2025, saying it needed further consideration. No other major business was discussed at this meeting. The company is formerly known as Shalimar Agencies Limited.
The acquisition decision has been pushed back by about a week, meaning shareholders will have to wait until the October 28 board meeting for clarity on the company's growth plans. The deferral is neutral in the short term but shows the deal is still under active evaluation.