Spice Lounge Food Works Ltd

Overview

• Xora World unveils four-event portfolio across India with projected revenue exceeding ₹20 crore.

Upcoming events

• Independence Weekender on Aug 15 in Salud, Goa.
• Karthik - Live in Concert on Oct 31, Tirupati.
• K. S. Chithra - Live in Concert on Nov 21, Hyderabad.
• Circus 2026 on Dec 18-19, Venue TBD.

Strategic impact

• National footprint expansion in India's live events through Xora World.

Overview

• Xora World portfolio to expand across Goa, Tirupati, Hyderabad with ₹21 crore+ revenue potential.

Contract details

• Awarded by Xora World; aggregate order value exceeding ₹21 crore; to be executed within four months.

Nature and scope

• Nature: Event management / live entertainment; domestic; not related-party.

Outlook

• Plans to expand live entertainment presence with material revenue potential.

Meeting Details

• Date: 14 August 2026; Time: 04:30 PM; Location: Registered Office.

Key Agenda Items

• Un-Audited standalone and consolidated financial results for the Quarter Ended 30 June 2026 to be considered and approved.

Dematerialisation status

• Dematerialisation requests processed; certificates mutilated and cancelled after verification, depository substituted as registered owner.
• Securities dematerialised have been listed on the stock exchanges.

Corporate update

• Regulatory update under SEBI LODR; Spice Lounge Food Works Limited (formerly Shalimar Agencies Limited), dated 15 July 2026.
• Disclosure submitted to BSE, MSEI, and CSE.

Key developments

• Opens first Wing Zone outlet in Koramangala, Bengaluru (May 2026).
• Secures exclusive Master Franchise rights for Wing Zone in India, covering development, operations and brand management.
• Plans nationwide expansion across multiple cities; Phase 1 Koramangala and Anjanapura, Bengaluru.
• Phase 2 expansion across Bengaluru; Phase 3 Hyderabad and Chennai, with other major cities planned.

Outlook and expansion

• Expansion aims to establish Wing Zone as India's flavour-forward chicken brand via flagship restaurants and cloud kitchens.
• Koramangala selected due to vibrant ecosystem and strong delivery demand.