Spice Lounge Food Works Hits Back-to-Back Upper Circuits After Rebrand

Spice Lounge Food Works Ltd, previously known as Shalimar Agencies Ltd., witnessed back-to-back upper circuits on the exchanges following its corporate rebranding on August 11, 2025. The surge reflects investor confidence in the company’s vision to transform into a technology-driven, multi-format food service organisation with strong domestic and global ambitions.

Rebrand Sparks Renewed Investor Interest

The official adoption of the name Spice Lounge Food Works is seen as a new chapter for the firm. Founded in 2019, SLFW now carries an expanded portfolio that includes franchise rights for Buffalo Wild Wings, Wingzone, eTouch, and TekSoft, along with 4 original brands: Blaze Kebabs, Xora, Salud, and Sunburn Union. The name change reflects its shift from a trading background to a dynamic player in the food and tech-driven service industry.

Read More: 1.44 Lakh Micro Food Units Backed Under PMFME to Accelerate India’s Food Processing Sector!

Expanding Footprint in India and Abroad

Spice Lounge Food Works is scaling operations beyond India, with a presence already established in the USA and Canada. By integrating asset-light models, scalable systems, and operational efficiency, the company aims to ensure consistent food experiences across markets. Its vision to align with aspirational India resonates with emerging consumer trends, further strengthening investor sentiment in the stock.

Spice Lounge Food Works Share Price Performance

On August 28, 2025, Spice Lounge Food Works share price opened at ₹42.13, marking an increase from the previous close of ₹40.14. During the session, it reached a high of ₹42.14 and a low of ₹41.14. The stock hit an upper circuit limit for the day of 5%, trading at ₹42.14. 

Conclusion

Spice Lounge Food Works Ltd.’s back-to-back upper circuits underline strong market faith in its rebrand, diversified portfolio, and global expansion plans. The company’s evolving journey reflects a bold step towards becoming a prominent leader in India’s next era of culinary innovation.

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