Spice Islands Industries Limited has successfully obtained regulatory approval for significant corporate changes, including the alteration of its Object Clause and a corresponding change in its Corporate Identification Number. The company, formerly known as Spice Islands Apparels Limited, communicated these developments to BSE Limited on January 1, 2026.

Regulatory Approval Process

The shareholders of Spice Islands Industries Limited had previously approved the alteration of the Object Clause of the Memorandum of Association by passing a Special Resolution during the Annual/Extraordinary General Meeting. This action was taken in full compliance with Section 13(1) of the Companies Act, 2013, which governs such corporate modifications.

The Ministry of Corporate Affairs, Government of India, through its Central Processing Centre, has now issued the Certificate of Registration confirming the alteration. The certificate was digitally signed on December 18, 2025, by Ibson Shah, serving as Assistant Registrar of Companies/Deputy Registrar of Companies/Registrar of Companies at the Central Processing Centre.

Corporate Identification Number Change

Following the approval of the Object Clause alteration, the company's Corporate Identification Number has been officially modified. The change reflects the updated business objectives and corporate structure of the organization.

Company Information

Spice Islands Industries Limited operates from its registered office located at Unit No. 3043-3048, 3rd Floor, Bhandup Industrial Estate, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (West), Mumbai – 400078. The company trades on BSE Limited under scrip code 526827.

The formal communication to the stock exchange was signed by Arti Lalwani, Company Secretary and Compliance Officer (Membership no. A59871), ensuring proper regulatory compliance and transparency with stakeholders. The company has provided a copy of the Ministry of Corporate Affairs certificate to BSE Limited for official records and documentation purposes.

Spice Islands Industries Limited has filed another insider trading disclosure with BSE Limited following the conversion of convertible warrants by an immediate relative of a Director. The latest disclosure was submitted on December 15, 2025, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Latest Transaction Details

The most recent insider trading disclosure pertains to Mrs. Shifa Chapra, identified as an immediate relative of a Director of Spice Islands Industries Limited. The transaction involved the conversion of convertible warrants into equity shares, representing another significant acquisition of company securities on the same date as previous conversions.

Regulatory Filing Process

Company Secretary and Compliance Officer Arti Lalwani submitted the disclosure following receipt of Form C dated December 12, 2025, from Mrs. Shifa Chapra. The filing was made pursuant to Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Securities Holdings Analysis

The disclosure indicates that prior to this transaction, Mrs. Shifa Chapra held no securities in the company. The conversion of convertible warrants represents the establishment of a significant stake in Spice Islands Industries Limited through equity shares allotted upon conversion.

No derivative trading was reported in connection with this disclosure, as indicated in the submitted Form C documentation. The transaction was completed entirely through the conversion mechanism of existing convertible warrants into equity shares.

Pattern of Recent Insider Activity

This marks the sixth insider trading disclosure filed by Spice Islands Industries Limited in recent times, all involving warrant conversions on December 01, 2025. The series of transactions includes conversions by multiple immediate relatives of Directors, demonstrating coordinated warrant conversion activity.

Company Information

Spice Islands Industries Limited operates from its registered office at Unit No. 3043-3048, 3rd Floor, Bhandup Industrial Estate, Mumbai. The company is incorporated under CIN L11045MH1988PLC050197 with ISIN code INE882D01017 and maintains its listing on BSE Limited under scrip code 526827.

The company has requested BSE Limited to take the disclosure on record and disseminate the information on its website as per regulatory requirements, ensuring full transparency in insider trading activities.