Westlife Foodworld has unveiled comprehensive expansion plans targeting 580 to 630 restaurants by 2027, while maintaining its immediate focus on opening 20 to 25 new outlets in Q4 FY26. The company is positioning itself for significant growth in the quick-service restaurant sector with both short-term recovery measures and long-term strategic expansion.

Long-Term Growth Vision

The company's ambitious target of reaching 580 to 630 restaurants by 2027 represents a substantial expansion of its current footprint. This strategic vision demonstrates Westlife Foodworld's commitment to becoming a dominant player in India's quick-service restaurant market over the next few years.

Immediate Expansion Plans

For the immediate term, Westlife Foodworld is planning to open 20 to 25 new outlets in Q4 FY26. This expansion is specifically designed to make up for previous quarters, indicating the company's efforts to accelerate growth and meet its expansion targets after potential delays in earlier periods.

Recent Performance Indicators

The company has reported positive same-store sales growth in January, accompanied by good guest count growth. These metrics indicate improving operational performance and customer engagement. However, management remains cautious about declaring a full recovery, preferring to see more consistent progress before confirming a long-term recovery trend.

The combination of immediate expansion plans and long-term growth targets, supported by recent positive performance indicators, positions Westlife Foodworld for sustained growth in the competitive quick-service restaurant landscape.

Westlife Foodworld Limited has submitted its quarterly Integrated Filling - Governance Report for the quarter ended December 31, 2025, to the BSE and NSE in compliance with SEBI regulations. The submission was made on January 20, 2026, pursuant to the SEBI circular dated December 31, 2024.

Corporate Governance Structure

The company's board of directors consists of six members, maintaining a balanced composition between executive, non-executive, and independent directors. The board structure includes:

Rajendra Mariwala serves as the independent chairperson, while Akshay Jatia holds the position of Executive Director and CEO. The company follows a rotational chairperson system for board meetings, with the chairperson elected at each meeting.

Committee Composition and Leadership

Westlife Foodworld has established five key committees as per regulatory requirements:

All committees have regular chairpersons and maintain the required composition as per SEBI listing regulations.

Board and Committee Meetings

During the quarter, the company conducted board and committee meetings with proper quorum:

• Board Meetings: One meeting held on November 3, 2025, with 5 out of 6 directors present
• Audit Committee: Meeting on November 3, 2025, with 3 out of 4 members present
• Nomination & Remuneration Committee: Meeting on November 3, 2025, with 2 out of 3 members present
• Risk Management Committee: Meeting on November 3, 2025, with 2 out of 3 members present

The maximum gap between consecutive meetings was 102 days.

Regulatory Compliance and Penalties

The company reported full compliance with SEBI listing regulations across all governance parameters. However, it received minor penalties during the quarter:

Investor Relations

The company maintained a clean record in investor grievance management during the quarter ended December 31, 2025:

• No pending complaints at the beginning of the quarter
• No new complaints received during the quarter
• No complaints disposed of during the quarter
• No unresolved complaints at the quarter end

The report was signed by Dr. Shatadru Sengupta, Company Secretary and Compliance Officer, confirming that all regulatory requirements have been met and the governance framework remains robust.