Spice Lounge Food Works Announces Board Meeting on October 23, 2025; Share Price in Focus

Spice Lounge Food Works Limited (formerly Shalimar Agencies) has announced a scheduled Board meeting on October 23, 2025, at 4:00 PM. The meeting will be held at the company’s registered office in Hyderabad. 

The key agenda of the meeting includes discussions on potential acquisitions and other business matters, subject to requisite approvals. This meeting is likely to have significant implications for the company's future direction.

Agenda for the Board Meeting of Spice Lounge Food Works

The upcoming Board meeting is set to deliberate on two primary agenda items: 

1. The consideration and discussion of proposals related to the acquisition(s) of other entities or businesses.
2. Any other business that the Chair may permit during the meeting.

Acquisitions often signal a strategic shift, and this meeting is being closely watched for any potential announcements that could impact the company’s growth trajectory. The decision to pursue acquisitions may indicate an effort to expand the company’s reach or diversify its operations.

Trading Window Closed Due to Insider Trading Code

In line with the company’s Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in Spice Lounge Food Works securities will remain closed for designated persons and their immediate relatives. This is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure of the trading window ensures that no insider information is used for trading before the official disclosures are made to the public.

Implications of the Meeting

The proposed acquisition discussions could potentially lead to a transformative shift in Spice Lounge Food Works’ operations. Acquisitions are a common strategy for companies looking to grow faster or enter new markets. As the company explores these opportunities, the market will be keen to assess the potential impact on its future financial performance and expansion plans.

Read More:MCX Announces Board Meeting on November 6, 2025, to Approve Q2 Financial Results!

Spice Lounge Food Works Share Price Performance

On October 16, 2025, Spice Lounge Food Works share price opened at ₹40.50 on BSE, above the previous close of ₹39.96. During the day, it surged to ₹40.50 and dipped to ₹39.65. The stock is trading at ₹39.70 as of 11:42 AM. The stock registered a moderate decline of 0.65%.

Over the past week, it has moved up by 7.73%, over the past month, it has declined by 4.68%, and over the past 3 months, it has moved up by 12.88%.

Conclusion

Spice Lounge Food Works’ Board meeting on October 23, 2025, promises to be a pivotal event for the company. With discussions on acquisitions and other business activities on the agenda, the company is likely to take steps that could reshape its future. The closure of the trading window reflects the importance of the upcoming announcements and ensures a level playing field for all stakeholders.

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