Spice Lounge Food Works Limited Confirms Non-Large Corporate Entity Status for FY26
Spice Lounge Food Works Limited disclosed to BSE, Metropolitan Stock Exchange of India, and Calcutta Stock Exchange that it does not qualify as a Large Corporate Entity for FY26 under SEBI regulations. The company confirmed compliance with SEBI Circular dated November 26, 2018, and stated it has not raised funds through debt securities issuance.
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Spice Lounge Food Works Limited has officially communicated to multiple stock exchanges that it does not fall under the category of Large Corporate Entity for the financial year ended March 31, 2026. The disclosure was made on April 14, 2026, to ensure compliance with regulatory requirements.
Regulatory Compliance Disclosure
The company's disclosure was made in reference to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which pertains to fund raising by issuance of debt securities by large entities and the associated disclosure compliance requirements. The circular establishes a framework and applicability criteria for determining Large Entity status.
| Parameter | Details |
|---|---|
| Company Name | Spice Lounge Food Works Limited |
| Former Name | Shalimar Agencies Limited |
| CIN | L151226TG1981PLC114084 |
| Financial Year | Ended March 31, 2026 |
| Large Entity Status | Does not qualify |
Stock Exchange Communications
The formal disclosure was simultaneously submitted to three stock exchanges where the company maintains its listing status:
- BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai
- Metropolitan Stock Exchange of India Limited at Piramal Agastya Corporate Park, Kurla West, Mumbai
- The Calcutta Stock Exchange Limited at Lyons Range, Dalhousie, Kolkata
Debt Securities Position
Spice Lounge Food Works Limited specifically confirmed that it has not raised any funds through the issuance of debt securities during the financial year. This clarification supports its position of not qualifying as a Large Corporate Entity under the SEBI framework.
Corporate Information
The disclosure was signed by Mohan Babu Karjela, Chairman and Director of the company, bearing DIN 08570948. The company has made the disclosure document available on its official website at www.espicelounge.com for public access and transparency.
What strategic initiatives might Spice Lounge Food Works pursue to achieve Large Corporate Entity status in future financial years?
How could the company's non-Large Entity status affect its ability to access capital markets for expansion plans?
Will Spice Lounge Food Works consider debt securities issuance as a funding mechanism in the upcoming financial year 2027?
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