Westlife Foodworld Subsidiary Hardcastle Restaurants Recommends Final Dividend of Rs. 72/- Per Share for FY2025-26

1 min read     Updated on 08 May 2026, 08:37 AM
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AI Summary

Westlife Foodworld Limited informed stock exchanges that its wholly-owned subsidiary, Hardcastle Restaurants Private Limited, has recommended a final dividend of Rs. 72/- per equity share of face value Rs. 1,000/- each for FY2025-26. The recommendation was made at the Board meeting held on 7th May, 2026, and remains subject to member approval. The filing was made in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

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Westlife Foodworld Limited has notified the stock exchanges of a final dividend recommendation by its wholly-owned subsidiary, Hardcastle Restaurants Private Limited, for the financial year 2025-26. The disclosure was made in compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dividend Recommendation by Hardcastle Restaurants

The Board of Directors of Hardcastle Restaurants Private Limited, in its meeting held on 7th May, 2026, recommended the payment of a final dividend to its members, subject to their approval. The key details of the recommended dividend are outlined below:

Parameter: Details
Subsidiary Name: Hardcastle Restaurants Private Limited
Dividend Type: Final Dividend
Dividend Per Share: Rs. 72/-
Face Value Per Share: Rs. 1,000/-
Financial Year: 2025-26
Board Meeting Date: 7th May, 2026

Regulatory Compliance

The intimation was filed by Westlife Foodworld Limited in accordance with applicable SEBI listing regulations. The communication was addressed to both BSE Limited and the National Stock Exchange of India Limited. The filing was signed by Dr. Shatadru Sengupta, Company Secretary of Westlife Foodworld Limited, on 7th May, 2026. The recommended dividend remains subject to approval by the members of Hardcastle Restaurants Private Limited before it is formally declared and paid.

Historical Stock Returns for Westlife Foodworld

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%+6.17%+12.97%-12.13%-27.30%+18.49%

How might the dividend payout from Hardcastle Restaurants impact Westlife Foodworld's consolidated cash flow and future capital allocation strategy for FY2026-27?

Will the dividend approval by Hardcastle Restaurants' members trigger any corresponding dividend announcement for Westlife Foodworld's public shareholders?

How does the Rs. 72 per share dividend from Hardcastle Restaurants compare to previous years, and what does the trend signal about the subsidiary's long-term profitability outlook?

Westlife Foodworld Grants 2,13,500 Stock Options to Subsidiary Employees Under ESOS Trust Scheme 2021

1 min read     Updated on 08 May 2026, 08:29 AM
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AI Summary

Westlife Foodworld announced the grant of 2,13,500 stock options to employees of its subsidiary Hardcastle Restaurants Private Limited under the Westlife Development Limited Employee Stock Option (Trust) Scheme 2021. The options will vest in four equal installments over four years from the date of grant. The disclosure was made on May 7, 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and was signed by Company Secretary Dr. Shatadru Sengupta.

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Westlife Foodworld has announced the grant of stock options to employees of its subsidiary, Hardcastle Restaurants Private Limited. The intimation was submitted to the stock exchanges on May 7, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company granted a total of 2,13,500 options under the Westlife Development Limited Employee Stock Option (Trust) Scheme 2021. These options are specifically allocated to the employees of Hardcastle Restaurants Private Limited, which operates as a subsidiary of Westlife Foodworld.

Grant Details

The key details of the stock option grant are summarised below:

Feature: Details
Total Options Granted: 2,13,500
Scheme Name: Westlife Development Limited Employee Stock Option (Trust) Scheme 2021
Beneficiary: Employees of Hardcastle Restaurants Private Limited
Vesting Period: 4 years
Vesting Structure: 4 equal installments

Vesting Schedule

The granted stock options are subject to a vesting schedule that spans four years. The options will vest in four equal installments, ensuring a structured release of equity to the eligible employees over the stipulated period.

The disclosure was officially signed by Dr. Shatadru Sengupta, Company Secretary of Westlife Foodworld Ltd. The communication was addressed to both BSE Ltd. and The National Stock Exchange of India Limited to ensure regulatory compliance.

Historical Stock Returns for Westlife Foodworld

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%+6.17%+12.97%-12.13%-27.30%+18.49%

How might the 4-year vesting structure of these stock options impact employee retention rates at Hardcastle Restaurants, particularly given the competitive quick-service restaurant industry?

Could this ESOP grant signal Westlife Foodworld's plans for accelerated expansion of McDonald's outlets in India, requiring a larger and more incentivized workforce?

How will the dilution from 2,13,500 new options under the 2021 Trust Scheme affect Westlife Foodworld's earnings per share and existing shareholder value upon full vesting?

More News on Westlife Foodworld

1 Year Returns:-27.30%