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Spice Lounge Food Works touches roof on securing Master Franchise rights for Wing Zone

As part of its initial rollout phase, the company will launch India’s first Wing Zone outlet in Koramangala, Bangalore, in January 2026

Spice Lounge Food Works is locked its upper circuit limit at Rs. 52.99, up by 2.52 points or 4.99% from its previous closing of Rs. 50.47 on the BSE.

The scrip opened at Rs. 52.80 and has touched a high and low of Rs. 52.99 and Rs. 52.35 respectively. So far 266010 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 72.20 on 24-Nov-2025 and a 52 week low of Rs. 5.32 on 10-Dec-2024.

Last one week high and low of the scrip stood at Rs. 53.25 and Rs. 45.67 respectively. The current market cap of the company is Rs. 3694.05 crore.

The non-institutions held 100.00% stake in the company.

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.

As part of its initial rollout phase, the company will launch India’s first Wing Zone outlet in Koramangala, Bangalore, in January 2026. Koramangala, widely regarded as one of Bangalore’s most vibrant food and beverage destinations, offers a high concentration of young consumers, strong footfall, and a well-established QSR ecosystem, making it a compelling location for the brand’s India debut.

Spice Lounge Food Works is a publicly listed food service company shaping India’s next wave of dining innovation.