Speciality Restaurants Limited Launches New Pan Asian Restaurant 'GONG' in Mumbai

1 min read     Updated on 03 May 2026, 12:19 AM
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AI Summary

Speciality Restaurants Limited launched its new Pan Asian restaurant 'GONG' at Bandra West, Mumbai on May 1, 2026. The restaurant features progressive cooking techniques and contemporary design elements, targeting the domestic market with authentic Asian flavours. Located at Mansionz One, the outlet represents the company's strategic expansion in Mumbai's premium dining segment.

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Speciality restaurants Limited has expanded its restaurant portfolio with the launch of 'GONG', a new Pan Asian dining concept in Mumbai's Bandra West area. The company announced this development through a regulatory filing under SEBI Listing Regulations on May 2, 2026.

Restaurant Launch Details

The new restaurant opened its doors on May 1, 2026, at a premium location on the 8th Floor of Mansionz One, situated between Linking Road and Swami Vivekanand Road, Bandra West, Mumbai. The strategic location positions GONG in one of Mumbai's vibrant commercial and residential districts.

Parameter: Details
Restaurant Name: GONG
Launch Date: May 1, 2026
Location: 8th Floor, Mansionz One, Bandra West, Mumbai 400050
Category: Restaurant
Market Focus: Domestic

Concept and Cuisine

GONG represents a new expression of Pan Asian cuisine that combines progressive cooking techniques with considered design elements. The restaurant's concept centers around exploring Asian flavours with depth and detail, drawing inspiration from the lingering resonance of a gong. This positioning suggests a focus on authentic yet contemporary Pan Asian dining experiences.

Design and Ambiance

The restaurant features distinctive design elements that create a warm and modern atmosphere. Key design highlights include:

  • Large-scale stylized pendant light fixtures with yellow, petal-like designs
  • Plush beige modular seating arrangements around round wooden tables
  • Intricately carved wooden walls featuring various cultural motifs
  • A prominent entrance with an illuminated GONG logo and bowl-shaped sculpture
  • Contemporary bar area with textured counters and extensive bottle displays

Regulatory Compliance

The launch was disclosed pursuant to Part B of Schedule III to Regulation 30 of SEBI Listing Regulations and the company's Policy for Determination of Materiality. The disclosure follows SEBI Master Circular requirements, demonstrating the company's commitment to transparent communication with stakeholders regarding material business developments.

Strategic Expansion

This launch represents Speciality Restaurants Limited's continued expansion in the competitive Mumbai restaurant market. The choice of Bandra West as the location indicates the company's focus on premium dining destinations in key metropolitan areas. The Pan Asian cuisine segment offers significant growth potential in India's evolving food service industry.

Historical Stock Returns for Speciality Restaurants

1 Day5 Days1 Month6 Months1 Year5 Years
-0.21%+2.49%+23.31%-26.59%-21.44%+158.63%

How many additional GONG outlets does Speciality Restaurants plan to open across other major Indian cities in the next 12-18 months?

Will the company's expansion into premium Pan Asian dining impact its existing restaurant brands' market positioning and customer base?

What revenue contribution is expected from the Pan Asian segment compared to Speciality Restaurants' traditional offerings over the next fiscal year?

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Speciality Restaurants Limited Launches Second 100-Day 'Saksham Niveshak' Campaign for Unclaimed Dividends

2 min read     Updated on 01 May 2026, 04:14 AM
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Shriram SScanX News Team
AI Summary

Speciality Restaurants Limited has launched the second 100-day 'Saksham Niveshak' campaign from April 1 to July 9, 2026, to facilitate direct payment of unclaimed dividends to rightful shareholders. The initiative follows IEPFA communication and requires shareholders to update KYC details, bank information, and nomination choices. Additionally, a special window from February 5, 2026 to February 4, 2027 allows re-lodgement of physical share transfer requests lodged prior to April 1, 2019, with shares to be issued in dematerialized form subject to one-year lock-in.

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Speciality Restaurants Limited has launched the second 100-day campaign titled 'Saksham Niveshak' to facilitate direct payment of unclaimed dividends to rightful shareholders. The initiative, running from April 1, 2026 to July 9, 2026, follows communication from the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs dated March 27, 2026.

Campaign Details and Objectives

The 'Saksham Niveshak' campaign represents a comprehensive effort to ensure shareholders receive their rightful dividend payments. The company has structured the campaign to address the needs of both physical and demat shareholding categories.

Campaign Parameter: Details
Duration: April 1, 2026 to July 9, 2026
Authority: Investor Education and Protection Fund Authority (IEPFA)
Ministry: Ministry of Corporate Affairs
Update Deadline: July 9, 2026

Shareholder Categories and Requirements

Physical Share Holders

Shareholders holding shares in physical form are required to update their KYC details, bank details, choice of nomination, and contact information by submitting specific Investor Service Request Forms. The required forms include Form ISR-1, ISR-2, ISR-3, and Form SH-13, available at https://web.in.mpms.mufg.com/KYC-downloads.html . These shareholders are also encouraged to convert their physical shares into dematerialized form.

Demat Share Holders

Shareholders holding shares in demat form should contact their Depository Participant (DP) for updating KYC and bank account details. This ensures seamless processing of dividend payments and prevents transfer of funds to IEPF.

Special Window for Share Transfer

Pursuant to SEBI Circular No. HO/38/13/11(2)/2026-MIRSD-POD/3750/2026 dated January 30, 2026, the company has opened a special window for re-lodgement of transfer requests of physical shares. This facility operates from February 5, 2026 to February 4, 2027.

Transfer Window Details: Information
Period: February 5, 2026 to February 4, 2027
Eligibility: Transfer deeds lodged prior to April 1, 2019
Status: Previously rejected, returned, or unattended
Share Format: Dematerialized form only
Lock-in Period: One year

Registrar and Transfer Agent Information

All correspondence and document submissions should be directed to the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The RTA is located at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400 083.

Shareholders can access unclaimed dividend details on the company's website at https://www.speciality.co.in/ . For queries, shareholders may contact rnt.helpdesk@in.mpms.mufg.com or investor@speciality.co.in , or use the SWAYAM Portal at https://swayam.in.mpms.mufg.com .

Company Leadership

The announcement was made by Avinash Kinhikar, Company Secretary and Legal Head (Membership No. FCS – 8364), from Mumbai on April 24, 2026. The initiative demonstrates the company's commitment to ensuring shareholders receive their rightful benefits and maintain updated records with regulatory authorities.

Historical Stock Returns for Speciality Restaurants

1 Day5 Days1 Month6 Months1 Year5 Years
-0.21%+2.49%+23.31%-26.59%-21.44%+158.63%

Will other listed companies adopt similar 100-day campaigns following Speciality Restaurants' second initiative?

How might the success rate of this second campaign compare to the first 'Saksham Niveshak' initiative?

Could SEBI extend the special window for physical share transfers beyond February 2027 if uptake remains low?

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1 Year Returns:-21.44%