Spice Lounge Food Works announced that its Board of Directors has approved the acquisition of 100% stake in Singapore based Prisha Infotech, for a total consideration of $1,50,000 marking a strategic expansion into technology-enabled solutions for the food service and hospitality ecosystem.The acquisition aligns with Spice Lounge Food Works` long-term strategy of expansion, diversification and global presence. The integration of Prisha Infotech`s software development and programming capabilities will strengthen the Company`s digital foundation and enable access to international markets through Singapore.Prisha Infotech brings expertise in enterprise software, digital platforms and technology solutions for consumer-facing businesses, supporting improved operational efficiency, customer engagement and data-driven decision-making across the Company`s growing portfolio of brands and outlets.With this acquisition, Spice Lounge Food Works strengthens its position as a technology-enabled hospitality platform, delivering scalable, efficient, and differentiated experiences across dine-in, delivery and emerging consumption formats. Powered by Capital Market - Live News

Spice Lounge Food Works will hold a meeting of the Board of Directors of the Company on 17 December 2025.Powered by Capital Market - Live News

Spice Lounge Food Works has secured the exclusive Master Franchise rights for Wing Zone, an internationally recognised quick service restaurant (QSR) brand renowned for its chicken-based offerings and flavour-forward menu innovation. Wing Zone, established globally with a strong footprint across multiple international markets, is known for its signature sauces, bold flavours and premium-quality chicken products. With this acquisition, Spice Lounge Food works will lead the development, operations and nationwide expansion of Wing Zone in India. The Company plans to introduce Wing Zone to consumers across India through a strategic mix of high-street outlets and cloud-kitchen formats, enabling strong accessibility and scalable growth.As part of its initial rollout phase, the Company will launch India`s first Wing Zone outlet in Koramangala, Bangalore, in January 2026.Powered by Capital Market - Live News

Net profit of Spice Lounge Food Works rose 20.00% to Rs 0.06 crore in the quarter ended September 2025 as against Rs 0.05 crore during the previous quarter ended September 2024. Sales rose 345.45% to Rs 0.49 crore in the quarter ended September 2025 as against Rs 0.11 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales0.490.11 345 OPM %32.6545.45 - PBDT0.080.05 60 PBT0.080.05 60 NP0.060.05 20 Powered by Capital Market - Live News

Spice Lounge Food Works will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live News