Circoloco Mumbai 2026 Debuts as Spice Lounge Food Works Stock Rises on Indian Market Entry

Spice Lounge Food Works Limited said Circoloco Mumbai 2026 will mark India’s official entry. The event will be organised by XORA World, the company’s cultural platform. It will run at Jio World Garden in Mumbai on April 19, 2026. The company said the show will place Mumbai on Circoloco’s global circuit.

The announcement moved the stock on March 10, 2026. Shares of Spice Lounge Food Works Ltd, formerly Shalimar Agencies Ltd, are at an upper circuit. The BSE price is Rs 30.16, up 4.98% from the prior close. The level stays below the 52-week high, yet above the 52-week low.

At Rs 30.16, the stock is far under the 52-week high of Rs 72.20. It also stands well above the 52-week low of Rs 7.69. The move from Rs 7.69 to Rs 30.16 is about 292%. Even so, Rs 30.16 is still around 58% below Rs 72.20.

Metric	Value	Date
Price (BSE)	Rs 30.16	March 10, 2026
Upper circuit gain	4.98%	March 10, 2026
52-week high	Rs 72.20	November 24, 2025
52-week low	Rs 7.69	March 10, 2025

Circoloco began in 1999 at DC-10 Ibiza. It has since built a presence across key nightlife markets. The brand’s footprint includes Ibiza, London, Paris, New York, Miami, Tulum, Dubai, and Mumbai. The Mumbai edition reflects a planned step into India. The company positioned Mumbai as a South Asia gateway for the brand.

The 2026 Mumbai lineup includes several international acts. The names listed are Marco Carola, Michael Bibi, Chris Stussy, Mau P, Beltran, Jamback, and Sweely. The company described the selection as curated. The event links music programming with a lifestyle format. It also connects the show to XORA World’s cultural plans.

Circoloco Mumbai 2026 and Spice Lounge Food Works business and returns

Spice Lounge Food Works Limited operates across food, beverage, nightlife, and experiences. Its portfolio includes owned and franchised brands. The list includes Blaze Kebabs, Xora, Salud, Buffalo Wild Wings, and Wing Zone. The stock has risen over 255% in one year. Over five years, it is up 2,373%, based on the stated figures.

Mr. Mohan Babu Karjela, Chairman & Director of Spice Lounge Food Works Ltd, said: "Circoloco is not just an event - it is a globally respected cultural institution. Bringing this platform to Mumbai signals the next stage of XORA World's evolution. With India entering the global Circoloco map, we are positioning Spice Lounge Food Works as an integrated hospitality and experiential company capable of executing internationally benchmarked formats. This reinforces our long-term vision of building scalable lifestyle ecosystems alongside our core F&B business."

The stock’s past year showed sharp swings alongside strong longer-term gains. It hit Rs 72.20 on November 24, 2025, during high market interest. It fell to Rs 7.69 on March 10, 2025, showing heavy volatility. The move to Rs 30.16 signals a recovery from the low. Yet the price remains well short of the peak.