Horizon Impex Acquires 1,01,385 Westlife Foodworld Shares in Multiple Transactions

1 min read     Updated on 01 Apr 2026, 07:54 PM
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Radhika SScanX News Team
AI Summary

Horizon Impex Private Limited, a promoter of Westlife Foodworld Limited, acquired 1,01,385 equity shares through multiple open market transactions in March 2026. The acquisition increased the promoter group's total shareholding from 56.33% to 56.40%, with Horizon Impex's individual holding rising from 30.42% to 30.49%.

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Westlife Foodworld Limited has received a regulatory disclosure from its promoter Horizon Impex Private Limited regarding the acquisition of 1,01,385 equity shares through multiple open market transactions. The disclosure was filed under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Acquisition Details

The acquisition was executed through open market transactions across multiple dates, with 46,385 shares purchased on March 25 and 27, 2026, and 55,000 shares acquired on March 30, 2026. The formal intimation was provided to the company on March 30 and 31, 2026.

Parameter: Details
Total Shares Acquired: 1,01,385 equity shares
Acquisition Dates: March 25, 27 & 30, 2026
Mode of Acquisition: Open Market
Percentage Impact: 0.07%

Shareholding Pattern Changes

The acquisition resulted in a notable increase in the promoter group's shareholding structure in Westlife Foodworld Limited.

Before Acquisition:

Entity: Number of Shares Percentage
Horizon Impex Private Limited: 4,74,39,734 30.42%
Other Promoter Group Members: 4,04,04,964 25.91%
Total Promoter Group: 8,78,44,698 56.33%

After Acquisition:

Entity: Number of Shares Percentage
Horizon Impex Private Limited: 4,75,41,119 30.49%
Other Promoter Group Members: 4,04,04,964 25.91%
Total Promoter Group: 8,79,46,083 56.40%

Company Capital Structure

Westlife Foodworld Limited's equity share capital structure remained unchanged following this acquisition. The company maintains its equity share capital at Rs. 31,18,72,330 divided into 15,59,36,165 equity shares of Rs. 2 each.

The disclosure confirms that there are no encumbrances, voting rights other than equity shares, or convertible securities involved in this transaction. Both the acquirer and other promoter group members hold their shares without any pledge, lien, or non-disposal undertakings.

Regulatory Compliance

Horizon Impex Private Limited, registered in Mumbai with CIN U51900MH1990PTC059142, filed the mandatory disclosure with BSE Limited and National Stock Exchange of India Limited. The disclosure was signed by Sajeev Arimpur as the authorized signatory for the promoter entity.

Westlife Foodworld Limited's shares are listed on both BSE Limited and NSE Limited, requiring compliance with substantial acquisition disclosure norms for any changes in promoter shareholding patterns.

Historical Stock Returns for Westlife Foodworld

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%+5.38%-7.05%-32.59%-34.12%+0.87%

Will Horizon Impex Private Limited continue increasing its stake in Westlife Foodworld to reach the mandatory open offer threshold of 25% total shareholding?

How might this increased promoter ownership affect Westlife Foodworld's expansion plans and capital allocation strategy for new restaurant locations?

Could this shareholding increase signal preparation for a potential delisting or take-private transaction by the promoter group?

Westlife Foodworld Opens New McDonald's Restaurant at Metro-Connected Hyderabad Hub

1 min read     Updated on 31 Mar 2026, 03:27 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Westlife Foodworld has opened a new McDonald's restaurant at L&T Next Premia Mall, Irrum Manzil in Hyderabad, featuring a 2,800 sq. ft. dine-in format with direct metro station connectivity. The strategic location targets commuters and urban customers, expanding the company's Hyderabad network to over 20 outlets within its total network of 458 restaurants across 73 cities.

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Westlife Foodworld has opened a new McDonald's restaurant at L&T Next Premia Mall, Irrum Manzil in Hyderabad, marking a significant expansion milestone for the quick-service restaurant chain. The company announced this development in a regulatory filing under Regulation 30 of SEBI listing requirements.

Restaurant Specifications and Location

The new outlet spans 2,800 sq. ft. and features a dine-in format strategically positioned at the entry level of the bridge connecting directly to Irrum Manzil Metro Station. This positioning ensures seamless access and strong visibility for customers using the metro network.

Parameter: Details
Restaurant Size: 2,800 sq. ft.
Format: Dine-in
Location: L&T Next Premia Mall, Irrum Manzil
Connectivity: Direct skywalk to metro station
Target Customers: Commuters, office professionals, students, families

Strategic Expansion Initiative

The launch forms part of Westlife's ongoing strategy to expand in high-growth urban corridors and leverage transit-linked consumption opportunities. The restaurant builds on the company's association with L&T Metro Rail Hyderabad, aligning with the city's increasing reliance on metro connectivity for daily movement.

The area is emerging as a prominent retail and lifestyle destination, with its direct connectivity positioning it as a high-access hub for diverse customer segments. The location offers accessibility, convenience, and relevance to evolving urban lifestyles.

Menu Offerings and Network Expansion

Customers can enjoy a comprehensive range of vegetarian and non-vegetarian menu items including burgers, wraps, fried chicken, and hand-crafted McCafé beverages. The restaurant features an in-house McCafé, maintaining McDonald's system pillars of Quality, Service, Cleanliness and Value.

Network Metrics: Details
Total Restaurants: 458 (as of December 2025)
Cities Covered: 73
Hyderabad Outlets: Over 20
Annual Customers Served: Over 200 million
Direct Employment: Over 10,000 employees

With this addition, Westlife Foodworld strengthens its existing footprint of over 20 restaurants in Hyderabad, operating across West and South India through its subsidiary Hardcastle Restaurants Pvt. Ltd.

Historical Stock Returns for Westlife Foodworld

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%+5.38%-7.05%-32.59%-34.12%+0.87%

How many additional metro-connected locations is Westlife Foodworld targeting across India in the next 2-3 years?

Will this transit-hub strategy influence Westlife's store format mix and shift away from traditional mall-based outlets?

Could this expansion model be replicated in other metro cities like Bangalore, Chennai, or Pune where similar transit infrastructure exists?

More News on Westlife Foodworld

1 Year Returns:-34.12%