Spice Lounge Food Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2025 ,inter alia, to consider and approve BOARD MEETING INTIMATION
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Awaiting price reaction for this filing.
Spice Lounge Food Works Ltd (formerly Shalimar Agencies Limited) held a Board meeting on October 23, 2025, but deferred its decision on a proposal to acquire entity(ies) or business(es) to the next Board meeting scheduled for October 28, 2025. The Board felt the acquisition agenda item needed further deliberation before a final decision. The intimation is filed under Regulation 29 and 30 of SEBI's Listing Obligations and Disclosure Requirements. The trading window for dealing in company securities remains closed for designated persons and their immediate relatives until the outcome is made public. No other material business outcomes were announced from the October 23 meeting.
Investors should watch for the outcome of the October 28 Board meeting, as a confirmed acquisition could act as a catalyst for the stock, while a rejection may lead to a negative reaction. The trading window closure means insiders cannot trade until results are disclosed, which is standard procedure.