Achal Jatia, a member of the promoter group of Westlife Foodworld , has transferred 29,74,065 equity shares to Starlight Trust in an off-market inter-se transaction. The disposal, executed on July 28, 2026, represents 1.91% of the company’s total voting capital and was disclosed to BSE Limited and the National Stock Exchange of India Limited on July 29, 2026, under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This restructuring within the promoter group does not alter the aggregate promoter holding, which remains at 56.40%.

The transfer signifies a complete exit from direct shareholding for Achal Jatia, whose holding drops from 29,74,075 shares to just 10 shares. Conversely, Starlight Trust, which previously held no shares in the company, now holds 29,74,065 equity shares, accounting for 1.91% of the total diluted share/voting capital. Other members of the promoter group retain their existing stake of 8,49,72,008 shares, representing 54.49% of the voting capital.

Transaction Details

The following table outlines the changes in shareholding for the relevant entities before and after the transaction:

The mode of transfer was specified as an inter-se transfer through the off-market route. No encumbrances, pledges, liens, or non-disposal undertakings were recorded on any of the shares involved in this transaction. Similarly, there were no voting rights held otherwise than by shares, nor were there any warrants or convertible securities affecting the voting capital at the time of the transfer.

Capital Structure Remains Unchanged

The company’s equity share capital stands at ₹31,18,72,330, divided into 15,59,36,165 equity shares of ₹2 each. This figure remains constant both before and after the disposal. The total diluted share/voting capital is also reported as ₹31,18,72,330, divided into 15,59,36,165 equity shares of ₹2 each, indicating no outstanding convertible instruments that would alter the diluted count.

Regulatory Compliance

The disclosure was filed by Achal Jatia, identified as a member of the promoter group, with copies sent to the Compliance Officer and Company Secretary of Westlife Foodworld Limited. The filing confirms that the acquirer, Starlight Trust, belongs to the promoter group. The disclosure adheres to the requirements of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency regarding substantial acquisitions or disposals by promoters and persons acting in concert.

westlife foodworld has fixed August 7, 2026, as the record date to determine shareholder eligibility for a potential interim dividend. The Board of Directors will consider the declaration based on the financial performance for the quarter ended June 30, 2026. This announcement follows the company's earlier communication regarding the Board meeting scheduled to take place on July 30, 2026, to approve the unaudited financial results for the said quarter.

The Board meeting on July 30, 2026, will consider, among other items, the declaration of an interim dividend. The decision will be contingent upon the company's financial performance for the period ending June 30, 2026. The record date of August 7, 2026, has been established in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders registered in the records of the company on the record date will be eligible to receive the interim dividend if it is declared by the Board. The intimation was submitted to the BSE Ltd and the National Stock Exchange of India Limited in compliance with Regulation 29 of the aforementioned regulations.

Key Dates