Regulatory Disclosure Context
Spice Lounge Food Works Limited (formerly Shalimar Agencies Limited, CIN: L151226TG1981PLC114084) submitted a corporate announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 to BSE Limited, Metropolitan Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited on July 15, 2026. The disclosure was signed by Mohan Babu Karjela, Chairman/Director (DIN: 08570948).
Launch Announcement
The company announced the successful launch of Ondesi.ca, an online classifieds and community marketplace developed by its technology subsidiary TEKSOFT SYSTEMS, Inc. The platform was launched on July 14, 2026, and serves as Ontario's premier online marketplace exclusively for Desi Canadians.
Platform Details
Ondesi.ca is described as one of the largest online platforms serving the South Asian community in Ontario, targeting Canadians of Indian, Pakistani, Bangladeshi, and Sri Lankan heritage. The platform is designed to simplify buying, selling, networking, and accessing community services while strengthening community connections.
Marketplace Categories
The platform offers an extensive range of categories including: Food, Housing, Groceries, Student Centre, Jobs, Services, Community, Baby Products, Books & Movies, Clothing, Electronics, Free Stuff, Furniture, Health & Beauty, Home & Kitchen, Home Improvement, Household Items, Jewelry, Laptops, Luggage and Bags, and Miscellaneous.
Sustainability Focus
Beyond commerce, Ondesi.ca promotes sustainability by encouraging users to sell unused items instead of discarding them, helping reduce waste while enabling individuals and families to generate additional income.
Vision and Benefits
The company's vision is to "empower every Desi Canadian with a platform where they can independently connect with buyers, sellers, service providers and community members." The platform provides an intuitive and secure environment where members can post listings, discover local opportunities, promote businesses, and build valuable connections.
Target Market
The platform serves Canada's growing South Asian population, offering a centralized destination where community members can buy, sell, study, network, access local services, and support one another.