18-Sept-2026 11:35:31
SPICELOUNGExpansion
SPICE LOUNGE FOOD WORKS LIMITED : EXPANDS PRODUCT OFFERING
• Spice Lounge Food Works Limited signs strategic MoU with Indian Emulsifiers Ltd for exclusive India offtake, branding and distribution of food-grade emulsifiers. • Company estimates ₹500 crore revenue potential from this strategic partnership. • Arrangement expected to provide Company access to entire monthly saleable output of IEML's new food-grade emulsifier line, approx. 200 MT/month. • Company estimates cumulative revenue potential of approx. ₹500 crore over first three years of operation. • This estimate is indicative only and subject to execution of the definitive Offtake and Distribution Agreement.
Spice Lounge Food Works Ltd
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