In continuation to our intimation dated 20th September, 2025, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of Spice Lounge Food Works Limited (Formerly Shalimar Agencies Limited) ('the Company') at its meeting held today, i.e., 24th September, 2025 at 03:30 P.M. at the Registered Office of the Company, inter alia, considered and approved the proposal for making an Overseas Direct Investment (ODI) in its Wholly Owned Subsidiary (WOS), Teksoft Systems INC, United States of America (USA).\r\n\r\nThe Board has approved an investment of up to USD 5 Million (United States Dollars Five Million only), in one or more tranches, in compliance with the provisions of the Companies Act, 2013, FEMA, RBI regulations, SEBI LODR Regulations, 2015 and other applicable statutory requirements.\r\n