Westlife foodworld Limited has announced that its Board of Directors will convene on February 4, 2026, to review and consider the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on the financial performance for the quarter ended December 31, 2025.

Regulatory Compliance and Meeting Details

The board meeting announcement was made in strict compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to provide advance notice to stock exchanges regarding board meetings where financial results will be considered.

Stock Exchange Notification

The company has formally communicated this information to both major Indian stock exchanges where its shares are listed. The notification was sent to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and The National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, Mumbai.

Company Information and Authorization

The official communication was signed by Dr Shatadru Sengupta, Company Secretary of Westlife Foodworld Limited, and was digitally authenticated on January 20, 2026. The company is registered with CIN number L65990MH1982PLC028593 and maintains its registered office at Tower-3, One International Center, Prabhadevi, Mumbai.

Next Steps

Following the board meeting on February 4, 2026, investors and stakeholders can expect the release of the company's third quarter financial results for FY26. The results will provide insights into the company's operational and financial performance during the October-December 2025 period, which typically represents a significant quarter for the food service industry.

Goldman Sachs has downgraded Westlife Foodworld to a Neutral rating, setting a target price of ₹550.00 per share. The investment bank's revised stance represents a shift in its assessment of the McDonald's franchise operator in India.

Rating Revision Details

The following table summarizes Goldman Sachs' updated recommendation:

Company Overview

Westlife Foodworld operates McDonald's restaurants across western and southern India, serving as the master franchisee for the American fast-food chain in these regions. The company has been expanding its footprint in the Indian quick-service restaurant market, focusing on both dine-in and delivery services.

Market Implications

The rating downgrade to Neutral suggests Goldman Sachs analysts have adopted a more cautious view on the stock's near-term prospects. A Neutral rating typically indicates that analysts expect the stock to perform in line with the broader market or sector averages, rather than outperforming significantly.

The ₹550.00 target price provides investors with Goldman Sachs' assessment of the stock's fair value based on their current analysis of the company's fundamentals and market conditions. This target price serves as a benchmark for potential upside or downside from current trading levels.