Spice Lounge Food Works reclassifies outgoing promoters to public category

Spice Lounge Food Works Limited has reclassified its outgoing promoter group to the public category following the completion of an open offer. The company confirmed that the conditions specified in Regulation 31A(3)(b) read with Regulation 31A(10) of the SEBI LODR Regulations were satisfied as of May 28, 2026. The reclassification was executed using the exemption available under Regulation 31A(10) of the SEBI LODR Regulations.

The company stated that the procedural requirements ordinarily applicable under Regulation 31A(3)(a), Regulation 31A(3)(c), and the relevant clauses of Regulation 31A(8) are not applicable to the present reclassification. The company has requested the stock exchanges to update the shareholding pattern to reflect the change in classification from the promoter category to the public category with effect from the date of filing.

Outgoing Promoter Group Details

The following entity from the outgoing promoter group was reclassified:

Name	Category	Shares Held	% of Total Voting Capital
IT Trailblazers Resources Private Limited	Promoter	Nil	Nil
Total		Nil	Nil

Current Promoter and Promoter Group Holding

As of May 22, 2026, the holding of the present promoter and promoter group is detailed below:

Name	Category	Shares Held	Percentage (of total capital)
Mohan Babu Karjela	Promoter	28,13,71,570	40.36
M Kitchens Private Limited	Promoter Group	9,96,00,000	14.29
Venugopal Naidu Kongarla Venkatesh	Promoter	6,40,10,850	9.18
Spice Lounge LLP	Promoter	37,35,480	0.54
Ramesh Naidu Veluru	Promoter Group	0	0
Total	Total	44,87,17,900	64.37

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.99%	+5.94%	+23.23%	-52.29%	+10.11%	+1,377.30%

spice lounge food works has scheduled a board meeting on May 29, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held at the company's registered office at 3:00 PM to review the standalone and consolidated performance for the period.

The board will deliberate on the financial statements for Q4FY26 and the full fiscal year FY26. The approval of these results is a mandatory disclosure requirement under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda Details

The primary agenda item for the meeting is the consideration and approval of the audited financial results. The board will also discuss any other matters with the permission of the chair.

Agenda Item	Description
Financial Results	Audited Financial Results (Standalone and Consolidated) for the Quarter and Year Ended March 31, 2026
Other Business	Any other matter with the permission of the Chair

The meeting notice was intimated to the stock exchanges, including BSE Limited, Metropolitan Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited, in compliance with Regulation 29(1) of the SEBI (LODR) Regulations.