Westlife Foodworld has announced ambitious expansion plans to open 20-25 new stores in the final quarter, signaling strong growth momentum in the quick-service restaurant sector.

Expansion Strategy

The company's decision to add 20-25 new outlets represents a significant expansion of its retail footprint. This strategic move demonstrates Westlife Foodworld's commitment to capturing greater market share and enhancing its presence across key locations.

Growth Trajectory

The planned store openings reflect the company's confidence in market conditions and consumer demand. This expansion initiative positions Westlife Foodworld to capitalize on growth opportunities in the competitive quick-service restaurant landscape.

The final quarter expansion plan underscores the company's strategic focus on scaling operations and strengthening its market position through increased store count and broader geographic reach.

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.