Spice Islands board meets May 29 to consider FY26 results

Spice Islands Industries Limited has announced that its board meeting is scheduled to be held on Friday, May 29, 2026. The meeting has been convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The primary agenda for the board includes the consideration and approval of the audited financial results of the company for the quarter and financial year ended March 31, 2026. Alongside the financial results, the board will also deliberate on the recommendation of a final dividend, if any, for the financial year ended March 31, 2026.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s code of conduct, the trading window for dealing in equity shares has been closed. The closure period began on April 01, 2026, and will remain in effect until the close of trading hours on May 31, 2026. This measure ensures that no insider trading occurs 48 hours after the declaration of the financial results.

Key Meeting Details

Detail	Information
Meeting Date	May 29, 2026
Purpose	Consider audited financial results for Q4 and FY26
Dividend	Consideration of final dividend recommendation
Trading Window Closure	April 01, 2026 to May 31, 2026

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+23.79%	+32.48%	+381.50%	+926.95%	+9,743.75%

Spice Islands Industries Limited has appointed Ms. Nitu Vishwakarma as an Additional Director in the category of Non-Executive & Independent Director, effective May 20, 2026. The decision was taken via a Circular Resolution passed by the Board of Directors on Wednesday. The appointment is subject to the approval of the shareholders within the timeline prescribed under Regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Vishwakarma, who holds DIN 11731242, is proposed to be appointed as an Independent Director for a term of five consecutive years commencing from May 20, 2026, up to May 19, 2031. She is not liable to retire by rotation. The company confirmed that she is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority. Her expertise lies in corporate governance, compliance, finance, and business administration.

Consequent upon this appointment, the Board has approved the reconstitution of four key committees with effect from May 20, 2026. The reconstituted bodies include the Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee, and the Independent Directors' Committee.

Committee Composition

The composition of the reconstituted committees is detailed below:

Audit Committee

Sr. No	Name of Members	Designation	Position
1	Mr. Shivanand Rama Hemmady	Independent Director	Chairman
2	Ms. Shikha Sethia	Independent Director	Member
3	Ms. Nitu Vishwakarma	Additional Director (Non-Executive & Independent)	Member

Nomination and Remuneration Committee

Sr. No	Name of Members	Designation	Position
1	Ms. Nitu Vishwakarma	Additional Director (Non-Executive & Independent)	Chairman
2	Ms. Shikha Bhura	Independent Director	Member
3	Mr. Shivanand Rama Hemmady	Independent Director	Member

Stakeholders' Relationship Committee

Sr. No	Name of Members	Designation	Position
1	Ms. Nitu Vishwakarma	Additional Director (Non-Executive & Independent)	Chairman
2	Ms. Shikha Sethia Bhura	Independent Director	Member
3	Mr. Sandeep Jamnadas Merchant	Whole time Director	Member

Independent Directors' Committee

Sr. No	Name of Members	Designation	Position
1	Ms. Shikha Sethia Bhura	Independent Director	Chairman
2	Mr. Shivanand Rama Hemmady	Independent Director	Member
3	Ms. Nitu Vishwakarma	Additional Director (Non-Executive & Independent)	Member

The Circular Resolution was passed in compliance with the provisions of Section 175 of the Companies Act, 2013 and Secretarial Standard-1 on Meetings of the Board of Directors.