Latest news about Spice Islands Industries
Spice Islands Industries
429.40
0.00(0.00%)
Company Performance:
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1M+20.40%
6M+340.86%
1Y+880.37%
5Y+8,017.20%
More news about Spice Islands Industries
17Apr 26
Spice Islands Industries Confirms Non-Applicability of SEBI Large Entity Debt Securities Rules
Spice Islands Industries Limited has confirmed to BSE that it does not qualify as a Large Corporate under SEBI's October 19, 2023 circular regarding debt securities issuance by large entities. The disclosure, filed on April 14, 2026, confirms the company's non-applicability status as of March 31, 2026, ensuring regulatory compliance with SEBI's framework requirements.
16Apr 26
Spice Islands Industries Files Fund Utilization Statement for Q4FY26 Under SEBI Regulation 32
Spice Islands Industries Limited filed its Q4FY26 fund utilization statement with BSE, reporting no deviations in the use of Rs. 8,69,99,580 raised through preferential issue. The company utilized Rs. 8,69,96,580 for working capital, business expansion, and corporate purposes, maintaining a balance of Rs. 3,000 as of March 31, 2026, demonstrating 99.997% fund utilization.
16Apr 26
Spice Islands Industries Limited Exempt from Annual Secretarial Compliance Report for FY26
Spice Islands Industries Limited has informed BSE about its exemption from Annual Secretarial Compliance Report submission for FY26. The company qualifies for exemption under SEBI LODR Regulation 15(2)(b) with paid-up capital of Rs. 4.30 crore and net worth of Rs. 2.36 crore as on March 31, 2025, both below regulatory thresholds of Rs. 10.00 crore and Rs. 25.00 crore respectively.
10Apr 26
Spice Islands Industries Limited Submits Q4FY26 Compliance Certificate Under SEBI Regulation 74(5)
Spice Islands Industries Limited submitted its Q4FY26 confirmation certificate under SEBI Regulation 74(5) to BSE Limited on April 09, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper dematerialisation processes for the quarter ended March 31, 2026. This routine compliance filing demonstrates adherence to regulatory requirements for securities handling and depository participant procedures.
20Mar 26
Spice Islands Industries Receives BSE Trading Approval for 19.33 Lakh Equity Shares from Warrant Conversion
Spice Islands Industries Limited has secured BSE trading approval for 19,33,324 equity shares of Rs. 10 face value each, issued through warrant conversion on preferential basis to non-promoters. The shares, priced at Rs. 45 including a premium of Rs. 35, will commence trading from March 23, 2026, and remain under lock-in until September 30, 2026.
16Mar 26
Spice Islands Industries Limited Announces Resignation of Independent Director
Spice Islands Industries Limited has formally announced the resignation of Independent Director Mr. Dipesh Dalvi (DIN: 08572894) effective March 16, 2026, due to increasing professional commitments. The resignation resulted in his stepping down from all committee positions including chairperson roles in Stakeholders Relationship and Audit Committees. The company has completed all regulatory filings with BSE Limited under SEBI (LODR) Regulations through Company Secretary Ms. Arti Lalwani.
02Mar 26
Spice Islands Industries Applies for Trading Approval of 19.33 Lakh Equity Shares from Warrant Conversion
Spice Islands Industries Limited has applied to BSE Limited for trading approval of 19,33,324 equity shares of Rs. 10/- face value each, allotted through warrant conversion. The shares have been credited to beneficiaries' demat accounts under ISIN IN8882D01016, with the warrant extinguishment process completed. The company has already received listing approval and now seeks final trading approval to complete the regulatory process.
16Feb 26
Spice Islands Industries Publishes Q3 FY26 Financial Results Under Regulation 47
Spice Islands Industries Limited published its Q3 FY26 unaudited financial results in The Free Press Journal and Nav Shakti newspapers on February 15, 2026, complying with Regulation 47 of SEBI (LODR) Regulations. The company's board approved these results on February 14, 2026, along with an interim dividend of Rs. 0.50 per equity share (5% per share) with February 27, 2026 as record date.
25Jan 26
Spice Islands Industries Limited Enters Global Trade Market with First Export Order Worth USD 166,136 from UAE
Spice Islands Industries Limited has successfully entered the global trade market by securing its first international purchase order worth USD 166,136 from UAE-based Emazing Deals for perfume supply. The company has partnered with Sterling Perfumes Industries LLC, UAE, owner of the ARMAF fragrance brand, to execute this order while ensuring international quality standards. This milestone marks the formal launch of the company's Global Trade vertical, focusing on fragrances, personal care, and lifestyle products, and establishes a foundation for scalable international business expansion, particularly in the Middle East and other high-growth regions.
01Jan 26
Spice Islands Industries Limited Receives Approval for Object Clause Alteration and CIN Change
Spice Islands Industries Limited has received Ministry of Corporate Affairs approval for Object Clause alteration in its Memorandum of Association, following shareholder approval through Special Resolution under Section 13(1) of Companies Act, 2013. The approval resulted in a Corporate Identification Number change from L11045MH1988PLC050197 to L11040MH1988PLC050197, with the certificate issued on December 18, 2025, and communicated to BSE Limited on January 1, 2026.
15Dec 25
Spice Islands Industries Files Sixth Insider Trading Disclosure for Warrant Conversion
Spice Islands Industries Limited has filed another insider trading disclosure with BSE for Mrs. Shifa Chapra's conversion of 55,555 convertible warrants into equity shares valued at ₹18.75 lakhs on December 01, 2025. This represents the sixth such disclosure in a series of coordinated warrant conversions by Director relatives, bringing the total conversion value to ₹69.37 lakhs across all recent transactions.
09Dec 25
Spice Islands Industries Applies for Listing of 19.33 Lakh Equity Shares from Warrant Conversion
Spice Islands Industries Limited has applied to the Bombay Stock Exchange for listing and trading approval of 19,33,324 equity shares with a face value of Rs. 10 each, issued on a preferential basis upon conversion of warrants. This follows a previous conversion of 5,22,220 warrants into equity shares, which increased the company's equity share capital from INR 4.30 crores to INR 6.23 crores. The company has seen strong performance in its Foods & Beverages segment (Rogers brand) and Hospitality segment, with new hotel properties in Dwarka and Somnath.
15Nov 25
Spice Islands Industries Reports Q2 Results, Declares Interim Dividend, and Expands Hotel Operations
Spice Islands Industries Limited announced Q2 FY2025-26 results and declared an interim dividend of Rs. 0.50 per share. The company is expanding its hospitality business by leasing Hotel Somprabha in Veraval, signing an MoU for a resort in Jim Corbett, and planning operations in Dwarka. It's also acquiring property in Mumbai and has received approval for a Rs. 2.50 crore loan facility. The Board noted intentions from warrant holders to convert warrants into equity shares.
13Nov 25
Spice Islands Industries Appoints Dipesh Dalvi as Independent Director, Expands Business Scope
Spice Islands Industries Limited (BSE: 526827) has approved two special resolutions via postal ballot. Mr. Dipesh Dalvi has been appointed as a Non-Executive Independent Director for a five-year term starting October 11, 2025, with 91.34% shareholder approval. The company also received 95.92% shareholder approval to expand its business objectives by adding a new clause to its Memorandum of Association. The voting saw limited shareholder participation, with only 0.05% of total shares cast.
13Nov 25
Spice Islands Industries Expands into Food & Beverages, Hospitality, Electric Vehicles, and Edible Oil Segments
Spice Islands Industries Limited has received shareholder approval to diversify into four new business segments: Food and Beverages, Hospitality Business, Electric Vehicles, and Edible Oil. The company conducted a postal ballot, with 95.92% of votes in favor of amending the Memorandum of Association to include these new activities. Shareholders also approved the appointment of Mr. Dipesh Dalvi as a Non-Executive Independent Director for a five-year term. The total votes cast represented 0.05% of the company's outstanding shares, with the promoter group not participating in the voting process.
13Oct 25
Spice Islands Industries Seeks Shareholder Approval for New Director and Expansion into Edible Oils
Spice Islands Industries Limited (SIIL) has announced two key proposals via postal ballot. The company seeks to appoint Mr. Dipesh Dalvi as a Non-Executive Independent Director for a five-year term starting October 11, 2025. Additionally, SIIL proposes to amend its Memorandum of Association to expand into the edible oils segment, including manufacturing, processing, and trading activities. Shareholders can vote on these proposals through e-voting from October 14 to November 12, 2025, with results expected by November 14, 2025.
11Oct 25
Spice Islands Industries Appoints New Independent Director, Reshapes Board Committees, and Expands into Edible Oil Business
Spice Islands Industries Limited has made significant changes to its board and operations. The company appointed Mr. Dipesh Dalvi as an Additional Director in the Independent Director category for a five-year term. Following this, four key board committees were restructured. Additionally, the company has approved an amendment to its Memorandum of Association to enter the edible oil business, including manufacturing, processing, and trading of various edible oils. These changes are subject to shareholder approval through a postal ballot.
09Sept 25
Spice Islands Industries Expands into Hospitality Sector with Hotel Lease in Gujarat
Spice Islands Industries Limited has leased Hotel Somprabha in Veraval, Gujarat, for 11 months starting November 1, 2025. The 178.27 square meter commercial hotel building is part of a larger 1840.90 square meter plot. The company cites high tourism potential in Veraval as the reason for this strategic move into the hospitality sector. This diversification marks a significant shift from the company's traditional apparel business.
17Aug 25
Spice Islands Industries Reports Robust Q1 FY26 Performance with Diversified Revenue Streams
Spice Islands Industries Limited reported total revenue of ₹192.57 crore for Q1 FY26, up from ₹33.95 lakh in the previous quarter. The hospitality segment was the main revenue driver, contributing ₹151.74 crore. Food and Beverages segment reported ₹32.06 crore revenue but faced losses. Electric Vehicle Rental segment brought in ₹8.77 crore revenue. Profit before tax reached ₹33.12 crore, showing improvement from Q1 FY25 but lower than Q4 FY25. The company's diversification strategy shows positive results despite challenges in some segments.
14Aug 25
Spice Islands Industries Reports Strong Q1 Performance, Board Changes, and AGM Details
Spice Islands Industries Limited reported a profit of Rs. 33.28 crore in Q1 FY24, compared to a loss of Rs. 6.13 crore in Q1 FY23. Revenue from operations increased to Rs. 192.57 crore. The company operates in three segments: Hospitality, Food and Beverages, and EV Renting. Kalpesh Thakorbhai Mistry resigned as Independent Director. The 37th AGM is scheduled for September 24 via VC/OAVM. The company previously allotted 19,33,324 share warrants at Rs. 45 per warrant.
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