Announced Mon, 9 Mar · 22:02 IST

Press Release - Spice Lounge Food Works Ltd- Announces Global Underground Icon 'Circoloco' to India - Mumbai 2026

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AI summary

Spice Lounge Food Works Ltd, through its experiential platform XORA World, will present Circoloco Mumbai 2026 on 19 April 2026 at Jio World Garden, Mumbai. Circoloco is a globally recognised underground music and lifestyle brand founded in 1999 in Ibiza, and this marks India's entry into its international circuit. The event will host international artists such as Marco Carola, Michael Bibi, and Chris Stussy, with a venue capacity of 9,000+ attendees. The company positions this as a strategic move to diversify revenue streams and build a multi-category lifestyle platform alongside its core food and beverage business.

Likely market impact

This is a brand-building and marketing announcement rather than a financially material disclosure — no revenue figures, ticket pricing, or financial impact estimates are provided. For shareholders, it signals management's push into large-format experiential entertainment, but the near-term impact on earnings or stock price is unclear without concrete financial details.