Spice Islands Industries Ltd (SPICEISLIN) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Spice Islands Industries Ltd on NSE and BSE, with an AI summary of each filing.
Statement of deviation or variation in utilization of funds raised through Preferential Issue for the quarter ended September 30, 2026
Others (Uncategorized) · 29 Oct 2026, 9:13 pm
Spice Islands Industries Reports Nil Deviation in Preferential Issue Fund Utilization Spice Islands Industries Limited reported zero deviation in the utilization of funds raised via preferential issue for the quarter ended 30th Sep'26. Out of the total allocated proceeds of Rs. 8,69,99,580—raised through 19,33,324 convertible warrants at Rs. 45 per warrant (including a Rs. 35 premium)—the company has utilized Rs. 8,69,96,580 towards working capital, business expansion, and general corporate purposes, leaving an unspent balance of Rs. 3,000. Full warrant conversions into equity shares concluded on 1st Dec'25.
Intimation regarding commencement of production of Packaged Drinking Water and Allied Products
Others (Uncategorized) · 27 Oct 2026, 3:25 am
Spice Islands Industries Commences Beverage Production Under Erva Food MoU Spice Islands Industries Limited has commenced commercial production of packaged drinking water, club soda, flavoured soda, and allied products. This operationalisation follows the Board-approved Agreement-cum-Memorandum of Understanding entered into with Erva Food and Beverages Private Limited, previously intimated on 26th Jun'26. The move operationalises the commercial partnership and marks the company's business expansion into the packaged beverages category.
Intimation regarding Opening Ceremony of "The Ocean Prime" Hotel pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
Others (Uncategorized) · 27 Sept 2026, 11:10 pm
Spice Islands Industries Commences Operations at The Ocean Prime Hotel in Dwarka Spice Islands Industries Limited commenced operations of "The Ocean Prime" hotel in Dwarka, Gujarat, following its opening ceremony on 25th Sep'26. The 26-room property includes restaurant facilities and is operated under a lease agreement with Ladhu Kara Charities effective 1st Jul'26 to 30th Jun'27. Under the agreement, the company pays a monthly lease rent of Rs. 3,00,000 with a 10% annual escalation and has placed a refundable security deposit of Rs. 50,00,000. The non-related party transaction expands the company's hospitality business footprint.
Intimation pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 - Resignation of Secretarial Auditor
Change in Management · 20 Sept 2026, 12:15 am
Spice Islands Industries Secretarial Auditor Resignation Spice Islands Industries Limited announced that Alok Khairwar & Associates, Practicing Company Secretaries, has resigned as the company's Secretarial Auditor, effective 19th Sep'26. The auditor cited professional and administrative considerations for stepping down. The company confirmed there are no material reasons or concerns raised by the outgoing auditor regarding the management. The Audit Committee and Board will appoint a replacement Secretarial Auditor in due course.
Pursuat to Regulation 30 read with Schduled III of the SEBI Listing Regulations, we hereby inform that SEBI conducted Search and Seizure proceeding at the registered office and certain ....
Others (Uncategorized) · 11 Sept 2026, 11:04 pm
SEBI Conducts Search and Seizure at Spice Islands Industries SEBI conducted search and seizure proceedings on 10th Sep'26 at the registered office and other locations of Spice Islands Industries Limited, including the residence of a Director and associated individuals. The proceedings concluded late evening on the same day with the company providing full cooperation, documents, and clarifications. No specific violation or contravention has been communicated by SEBI. Business operations continue without disruption, and potential financial impacts remain unquantifiable in monetary terms at this stage.
Clarification and Explaination regarding delay in submission of un-audited Financial Results for the quarter ended June 30, 2026
Financial Result · 06 Sept 2026, 12:54 am
Spice Islands Clarifies Delay in Submitting Q1 FY27 Financial Results to BSE Spice Islands Industries clarified to BSE that the delay in submitting unaudited financial results for the quarter ended 30th Jun'26 stemmed from an adjourned board meeting on 14th Aug'26. The Board required additional information and clarifications regarding specific accounting and financial matters to ensure accuracy before approval, subsequently rescheduling the meeting to 19th Aug'26. The company acknowledged its inadvertent procedural lapse in not submitting a separate, detailed disclosure for the filing delay under SEBI LODR Regulations and requested BSE to condone the omission.
Revised Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the SEBI (LODR) 2015
Financial Result · 20 Aug 2026, 12:24 am
Spice Islands Industries Reports Strong Q1 FY27 Performance Spice Islands Industries reported a strong Q1 FY27 performance with revenue from operations growing 825.9% YoY to ₹1,783.05 lakhs. Profit Before Tax (PBT) surged 324.2% YoY to ₹140.51 lakhs. However, on a QoQ basis, PBT declined by 54.3% from ₹307.60 lakhs in Q4 FY26, despite a 63.4% QoQ rise in revenue. The Food & Beverages segment drove revenue growth but posted a loss of ₹38.52 lakhs. The Hospitality segment was the key profit contributor with a PBIT of ₹85.52 lakhs. EPS stood at ₹2.24 for the quarter.
Revised Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the Securities and Exchange Board of India (LODR) ....
Outcome · 20 Aug 2026, 12:17 am
Spice Islands Q1 FY27 Results: Strong Topline Growth and Improved Profitability Spice Islands Industries reported robust Q1 FY27 results, with revenue from operations surging to ₹1,783.05 lakhs, up significantly from ₹192.57 lakhs YoY. Total income stood at ₹1,871.61 lakhs. Profit before tax (PBT) grew to ₹140.51 lakhs compared to ₹33.12 lakhs in Q1 FY26. Consequently, profit after tax (PAT) increased to ₹139.92 lakhs from ₹33.28 lakhs YoY. Basic and diluted EPS for the quarter was ₹2.24. The strong performance was primarily driven by the Food & Beverages segment, which reported revenue of ₹1,485.86 lakhs.
Non Applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the quarter ended June 30, 2026
Others (Uncategorized) · 19 Aug 2026, 11:37 pm
Spice Islands Industries Exempt from Related Party Transaction Disclosures Spice Islands Industries (BSE: 526827) announced on 19 Aug'26 that SEBI's Regulation 23(9) regarding related party transaction disclosures is not applicable for the quarter ended 30 Jun'26. This exemption, per Regulation 15(2), is due to its paid-up share capital of ₹6.23 crore and net worth of ₹14.02 crore as of 31 Mar'26, both being below the respective thresholds of ₹10 crore and ₹25 crore. Consequently, the company is not required to submit related party transaction disclosures for the specified quarter.
Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the Securities and Exchange Board of India (Listing Obligation ....
Financial Result · 19 Aug 2026, 11:18 pm
Spice Islands Industries Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 1,783 (+825.9% YoY | +63.4% QoQ) ■ EBITDA: 56.0 (+106.1% YoY | -50.2% QoQ) ■ EBITDA Margin (%): 3.1 (-1096 bps YoY | -716 bps QoQ) ■ PAT: 140 (+320.4% YoY | -54.7% QoQ) ■ EPS (INR): 2.24 (+190.9% YoY | -64.2% QoQ) Spice Islands Industries Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) Segmental Performance Renting/Hire of electric Vehicle ■ Revenue: 45.9 (+423.8% YoY | +0.0% QoQ) ■ EBIT: 24.6 (Loss to Profit YoY | +24.4% QoQ) ■ EBIT Margin (%): 53.5 (Loss to Profit YoY | +1048 bps QoQ) Food and beverages (Including Edible Oil) ■ Revenue: 1,486 (+4534.6% YoY | +98.8% QoQ) ■ EBIT: -38.5 (-43.4% YoY | +1.0% QoQ) ■ EBIT Margin (%): -2.6 (+8119 bps YoY | +261 bps QoQ) Hospitality business ■ Revenue: 251 (+65.6% YoY | -15.5% QoQ) ■ EBIT: 85.5 (+42.3% YoY | -43.5% QoQ) ■ EBIT Margin (%): 34.0 (-556 bps YoY | -1684 bps QoQ)
Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the Securities and Exchanges Board of India (Listing Obligations ....
Outcome · 19 Aug 2026, 11:05 pm
Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement), Regulation 2015 - Approval of Agreement cum Memorandum of Understanding with Sriven Enterprises
Others (Uncategorized) · 15 Aug 2026, 12:59 am
Spice Islands: Q1FY27 Results Delayed, New Manufacturing Pact Signed Spice Islands' board meeting on Aug 14, '26 was adjourned to Aug 19, '26, delaying the approval of Q1FY27 results due to a need for more financial details. Simultaneously, the board approved a five-year contract manufacturing agreement with Sriven Enterprises, a Hyderabad-based manufacturer, for the production and supply of packaged drinking water under Spice Islands' "Rogers" brand. The agreement, effective Aug 14, '26, is not a related party transaction and involves no share issuance or change in control for Spice Islands.
Voting Results of the 38th Annual General Meeting held on August 07, 2026 along with Scrutinizer''s Report
Annual General Meeting · 08 Aug 2026, 12:24 am
Intimation of fixation of record date for sub-division/split of the Equity Shares of the Company
Stock Split · 07 Aug 2026, 9:23 pm
Spice Islands Industries Sets Record Date for 5-for-1 Stock Split Spice Islands Industries (BSE: 526827) has fixed Aug 28, '26 as the record date for its equity share sub-division. The stock split was approved by shareholders at the AGM on Aug 07, '26. Each equity share with a face value of Rs. 10 will be split into five equity shares, each with a new face value of Rs. 2. The split aims to enhance liquidity for the company's shares. All new shares will rank pari passu with existing shares.
Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Intimation for the ....
Intimation · 14 Aug 2026, 5:30 am
Spice Islands Industries Board Meeting to Approve Q1FY27 Results on Aug 14, 2026 Spice Islands Industries has scheduled a Board of Directors meeting for Fri, 14 Aug'26 to consider and approve its unaudited financial results for the first quarter ending 30 Jun'26. In connection with the results announcement, the trading window for insiders was closed from the close of business hours on 30 Jun'26 and will remain closed until 48 hours after the financial results are declared. This action is in compliance with SEBI's Prohibition of Insider Trading Regulations.
Proceedings of the 38th Annual General Meeting of the Company held on August 07, 2026
Annual General Meeting · 07 Aug 2026, 8:53 pm
Statement of Deviation or Variation in utilization of funds raised through Preferential Issue for the quarter ended June 30, 2026
Others (Uncategorized) · 27 Jul 2026, 9:30 pm
Spice Islands Industries Reports No Deviation in Utilization of Preferential Issue Funds Spice Islands Industries reported no deviation in utilizing funds from its preferential issue for the quarter ended 30 Jun'26. The company raised a total of Rs. 8,69,99,580 by allotting 19,33,324 warrants convertible to equity shares at Rs. 45 each. The initial 25% (Rs. 2,17,49,895) was received on 30 Oct'24, and the final 75% (Rs. 6,52,49,685) on 01 Dec'25. As of 30 Jun'26, funds utilized were Rs. 8,69,96,580 for working capital, business expansion, and corporate purposes, leaving an unutilized balance of Rs. 3,000.
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Execution of Joint Venture and Commercialization Agreements with Globalone ....
Others (Uncategorized) · 19 Jul 2026, 1:49 am
Spice Islands Enters Green Energy JV and Packaged Water Business The Board of Spice Islands Industries on 18 Jul'26 approved key business diversifications. The company executed a Joint Venture with Globalone Enterprises for the HYMAX Green Energy Project, commencing with a Rs. 3.00 Crore proof-of-concept funded 75% by the company. Additionally, the Board approved a Business Operation and Management Agreement with The Cloud Water to operate its packaged drinking water plant, with Spice Islands bearing all operational costs and retaining 100% of net profits. A new Non-Executive Independent Director was also appointed for a five-year term.
Appointment of Prof. (DR.) Gurudayal Singh Toteja (DIN: 10233863) as an Additional Director in the category of Non- Executive Independent Director on the Board of the Company
Change in Management · 19 Jul 2026, 1:40 am
Spice Islands Enters Green Energy JV and Packaged Water Business The Board on 18 Jul'26 approved a Joint Venture with Globalone Enterprises for the HYMAX Green Energy Project. The initial Proof of Concept has an estimated cost of Rs. 3.00 Crore, funded 75% by the company and 25% by Globalone. The Board also approved an agreement with The Cloud Water to operate and manage its packaged drinking water plant. Spice Islands will bear all operational costs and receive 100% of net profits. Additionally, Prof. Gurudayal Singh Toteja was appointed as an Independent Director.
Outcome of the Meeting of the Board of Directors held on July 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Outcome · 19 Jul 2026, 1:34 am
Spice Islands Industries Enters Green Energy JV and Packaged Water Business The board approved a joint venture with Globalone Enterprises on 18 Jul'26 for the HYMAX Green Energy Project. The initial Rs. 3.00 Crore proof-of-concept phase will be funded 75% by the company. It also approved an agreement with The Cloud Water to operate and manage a packaged drinking water plant, bearing all operational costs and receiving 100% of net profits. Additionally, Prof. (Dr.) Gurudayal Singh Toteja was appointed as a Non-Executive Independent Director for a five-year term, effective 18 Jul'26.
Intimation regarding dispatch of letter to non-email shareholders under Regulation 36(1) (b) of the Listing Regulation
Others (Uncategorized) · 16 Jul 2026, 12:47 am
Spice Islands Industries to hold 38th AGM on Aug 7, 2026 Spice Islands Industries Limited announced its 38th Annual General Meeting (AGM) is scheduled for 7th Aug'26 at 11:30 AM IST via video conference. The company has dispatched the notice and Annual Report for FY26 to shareholders with registered email addresses. For members without registered emails, a physical letter containing the weblink to access the Annual Report has been sent, in compliance with Regulation 36(1)(b) of SEBI Listing Regulations. The report is available on the company's website.
Notice of the 38th Annual General Meeting ("AGM") of the Company to be held on Friday, August 07, 2026 at 11.30 A.M. (IST) through Video Conference/Other Audio Visual Means.
Annual General Meeting · 16 Jul 2026, 12:11 am
Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
Others (Uncategorized) · 15 Jul 2026, 11:55 pm
Spice Islands Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/07/2026 ,inter alia, to consider and approve Intimation of Board ....
Intimation · 15 Jul 2026, 10:48 pm
Spice Islands to Consider Green Energy JV and Director Appointment Spice Islands Industries' board will meet on 18 Jul'26 to consider two key proposals. The primary agenda is the approval of a joint venture with Globalone Enterprises for the implementation of the HYMAX Green Energy Project. This may involve incorporating a subsidiary or another project vehicle. The board will also consider the appointment of Prof. (Dr.) Gurudayal Singh Toteja as an Additional Non-Executive & Independent Director, a move aimed at strengthening governance and oversight for the new venture.
Approved the consequential alteration of the capital clause of the MOA of the Company pursuant to the aforesaid sub-division/split of equity shares, subject to the approval of the shareholders
Others (Uncategorized) · 04 Jul 2026, 12:27 am
Spice Islands Industries Board Approves 1:5 Stock Split On Jul 03, 2026, Spice Islands Industries' board approved a 1-for-5 equity share sub-division, splitting each Rs. 10 face value share into five Rs. 2 face value shares. This action, subject to shareholder approval, aims to enhance liquidity and make shares more affordable for retail investors. The board also approved a JV with The Peace Mission Private Limited to enter the wellness beverage business, and scheduled the 38th AGM for Aug 07, 2026. Multiple related party transactions were also greenlit.