Spice Lounge Food Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/09/2025 ,inter alia, to consider and approve BOARD MEETING TO BE ....
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Spice Lounge Food Works Ltd (formerly Shalimar Agencies Limited) has informed the stock exchanges that a Board of Directors meeting is scheduled for Tuesday, 9th September 2025 at 4:00 PM at the company's registered office in Hyderabad. The main agenda item is to consider and approve the creation or incorporation of subsidiary companies, either within India or outside India. The notice was issued under SEBI Listing Regulations 29 and 30, and signed by Chairman/Director Mohan Babu Karjela. The company is listed on BSE, Metropolitan Stock Exchange, and Calcutta Stock Exchange.
Shareholders should watch for the board's outcome on subsidiary creation, as this could signal expansion plans or a restructuring of the business. No immediate impact on stock price is expected from the notice itself, but the subsidiary decision could be a positive growth signal if approved.