Launch of the Food Emulsifier & Agro Division, a New Agri-Sourcing, Agro Chemical and Processing Vertical, with an Expected Revenue in the Range of ?1,200 Cr

SPICE LOUNGE FOOD WORKS LIMITED (formerly SHALIMAR AGENCIES LIMITED) (CIN NO: L151226TG1981PLC114084) Date: 01.09.2026 To, To, To, BSE Limited Metropolitan Stock Exchange of India The Calcutta Stock Exchange Phiroze Limited, Limited Jeejeebhoy 205(A), 2nd floor, Piramal 7, Lyons Range, Dalhousie, Towers, Agastya Corporate Park, Kolkata-700001, West Bengal Dalal Street, Kamani Junction, LBS Road, Mumbai- 400 001 Kurla (West), Mumbai-400070. SSubject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Launch of the Food Emulsifier & Agro Division, a New Agri-Sourcing, Agro Chemical and Processing Vertical, with an Expected Revenue in the Range of ₹1,200 Cr Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Spice Lounge Food Works Limited has launched its Food Emulsifier & Agro Division, a new food emulsifiers, agri-sourcing and processing vertical, including agro chemicals, built to backward-integrate the Company's supply chain, targeting revenue of approximately over ₹1,200 crore. The details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III thereto are set out in Annexure We request you to kindly take the same on record. For Spice Lounge Food Works Limited (Formerly Shalimar Agencies Limited) Mohan Babu Karjela Chairman/Director DIN :08570948 Reg – Off - 5th Floor, Western Dallas Centre, Survey No. 83/1, Knowledge City, Raidurg, Rangareddy, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081 Contact No: 040-9030057374 ; E-Mail: shalimaragenciesltd@gmail.com ; Website: www.espicelounge.com SPICE LOUNGE FOOD WORKS LIMITED (formerly SHALIMAR AGENCIES LIMITED) (CIN NO: L151226TG1981PLC114084) Date: 01.09.2026 Annexure - A Details pursuant to Regulation 30 of SEBI Listing Regulations, 2015 and SEBI Circular Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Particulars Details a) Nature of the event Launch of a new business vertical, entry into food emulsifiers, agribusiness and agri-sourcing b) Brief details of the event Launch of the Food Emulsifier & Agro Division, a food emulsifiers, agri-sourcing and processing vertical (including agro chemicals) supplying the Company's restaurant, QSR and live-events (Xora World) businesses, and independently serving hotels, QSR chains and food processing units as a B2B food-emulsifier and ingredient supplier. c) Whether undertaken directly by the Company or Directly by the Company, as an internal business division; through a subsidiary/joint venture no separate subsidiary or joint venture has been announced at this stage d) Expected revenue potential Approximately ₹1,200 crore across the targeted verticals in food emulsifiers, agro and agro chemical products e) Implementation timeline Food Emulsifier, agro-chemical partnerships, farm-gate sourcing tie-ups and processing infrastructure commissioning are currently underway, with processing capacity scale-up, B2B/institutional supply onboarding, and export and global joint-venture partnerships to follow. f) Whether the promoter/promoter group/group No companies have any interest in this business vertical? If yes, nature of interest and details thereof g) Whether this would fall within related party No, the transaction does not fall under related party transactions? If yes, whether the same is done at "arm's transactions. length" h) Any other material detail In advanced, confidential talks with global food emulsifier and agribusiness majors for strategic partnerships and offtake arrangements. Reg – Off - 5th Floor, Western Dallas Centre, Survey No. 83/1, Knowledge City, Raidurg, Rangareddy, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081 Contact No: 040-9030057374 ; E-Mail: shalimaragenciesltd@gmail.com ; Website: www.espicelounge.com