Shalimar Agencies Ltd — Board Meeting, 22-05-2025: Board Meeting

Spice Lounge Food Works Limited has announced a board meeting to discuss raising funds through the issuance of Foreign Currency Convertible Bonds (FCCBs), pending necessary approvals. The company plans to seek shareholder approval for this fund-raising via a general meeting or postal ballot. This move aims to strengthen the company’s capital base, potentially supporting expansion or operational needs, and is significant for investors monitoring the company’s growth and resource mobilization strategies.