Westlife Foodworld Ltd Appoints Shardul Doshi as Chief Financial Officer

Westlife Foodworld has announced a key leadership appointment with Mr. Shardul Doshi being named as the new Chief Financial Officer (CFO), effective December 15, 2025. The appointment represents a significant change in the company's key managerial personnel structure.

Leadership Appointment Details

The appointment was formally approved by the Board of Directors of both Westlife Development Ltd and its subsidiary company. Mr. Doshi will serve as CFO for both entities, indicating a consolidated financial leadership approach across the corporate structure.

Parameter:	Details
Position:	Chief Financial Officer (CFO)
Appointee:	Mr. Shardul Doshi
Effective Date:	December 15, 2025
Scope:	Company and subsidiary
Approval Authority:	Board of Directors

Professional Background

Mr. Shardul Doshi brings extensive expertise to his new role as a qualified Chartered Accountant, Cost Accountant, and Company Secretary. His professional credentials include over 25 years of comprehensive experience spanning finance, accounting, taxation, and strategic financial management across diverse industry sectors.

Qualification:	Details
Professional Certifications:	CA, CMA, CS
Experience:	25+ years
Expertise Areas:	Finance, Accounting, Taxation, Strategic Financial Management
Industry Experience:	QSR Retail, Manufacturing, Service Industries

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing both the BSE Ltd and National Stock Exchange of India about this key managerial personnel change. The notification 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.

Corporate Communication

The formal intimation was communicated to the stock exchanges on December 16, 2025, ensuring timely disclosure of the leadership change. Dr. Shatadru Sengupta, Company Secretary, signed the official communication on behalf of Westlife Foodworld Limited, maintaining proper corporate governance protocols.

This appointment reflects Westlife Foodworld's ongoing commitment to strengthening its financial leadership as it continues operations in the quick service restaurant sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.29%	-0.69%	-5.26%	-27.86%	-35.93%	+22.80%

Westlife Foodworld Limited , a prominent player in the quick-service restaurant industry, has reported a significant change in its promoter shareholding. Amit Jatia, a key promoter of the company, has increased his stake through a substantial open market purchase, as disclosed under Regulation 29(2) of the SEBI Takeover Regulations.

Latest Transaction Details

The company filed the substantial acquisition disclosure on December 12, 2025, revealing the latest shareholding changes:

Parameter:	Details
Promoter Name:	Amit Jatia
Shares Acquired:	51,500
Acquisition Date:	December 11, 2025
Mode of Acquisition:	Open Market Purchase
Disclosure Date:	December 12, 2025

Shareholding Impact Analysis

The acquisition has resulted in a notable increase in Amit Jatia's individual shareholding in the company:

Shareholding Details:	Before Acquisition	After Acquisition	Change
Amit Jatia (Individual):	67,980 shares (0.04%)	1,19,480 shares (0.07%)	+51,500 shares
Other Promoter Group Members:	56.18%	56.18%	No change
Total Promoter Group:	56.22%	56.25%	+0.03%

Company Capital Structure

Westlife Foodworld Limited maintains a stable equity capital structure with the total share capital remaining unchanged post-transaction:

Capital Details:	Specification
Total Equity Share Capital:	₹31.19 crores
Number of Equity Shares:	15,59,36,165 shares
Face Value per Share:	₹2.00

Market Significance

Westlife Foodworld Limited, known for operating McDonald's restaurants in West and South India, continues to maintain strong promoter confidence with over 56% promoter holding. This latest acquisition by Amit Jatia demonstrates continued faith in the company's prospects within the quick-service restaurant sector.

The transaction was conducted through open market purchases and properly disclosed under SEBI regulations, ensuring transparency in shareholding changes. The company operates in the Mid Cap segment with a market capitalization of ₹9,126.94 crores, positioning it as a significant player in the quick-service restaurant industry.