Spice Lounge Food Works to expand with new subsidiaries

Spice Lounge Food Works Limited (formerly Shalimar Agencies Limited) held a board of directors meeting on Tuesday, September 9, 2025, to discuss strategic initiatives. The meeting, which commenced at 4:00 PM and concluded at 8:50 PM, focused on a key decision to create and incorporate new subsidiary companies.

The board of directors considered and approved the establishment of subsidiary(ies) in India or outside India. Mohan Babu Karjela, chairman and director of the company, has been authorized to handle all necessary acts and deeds related to this expansion. This decision aligns with Regulations 29 and 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This move indicates Spice Lounge Food Works Limited's intent to broaden its operational footprint and potentially diversify its business offerings. The company's registered office is located at 5th Floor, Western Dallas Centre, Survey No. 83/1, Knowledge City, Raidurg, Rangareddy, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081. Babu Edalamapti Purushotham serves as the managing director.