New Delhi, Oct. 29 -- Spice Lounge Food Works share price will be in focus on Wednesday after the company's board of directors approved expansion into luxury hospitality with the acquisition of Rightfest Hospitality LLP, and evaluated buying a majority stake in Blackstone Management LLC.

In the previous trading session on Tuesday, Spice Lounge Food Works share price was locked-in at 5% upper circuit of Rs.47.52 apiece on the BSE.

The Board of Directors of Spice Lounge Food Works held its meeting on October 28 to consider and approve two key proposals for expansion into luxury hospitality.

The board of directors of Spice Lounge Food Works passed a resolution for acquisition of 100% stake in M/s Rightfest Hospitality. The acquisition of ...