The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Horizon Impex Pvt Ltd & PACs
WESTLIFE · price
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Horizon Impex Private Limited, part of the promoter group of Westlife Foodworld Ltd (the company that operates McDonald's in West and South India), bought 30,000 equity shares through open market transactions on 12th and 13th March 2026. After this purchase, Horizon Impex's individual stake rose marginally from 30.40% to 30.42%. Together with other promoter group entities, the total promoter holding in Westlife Foodworld stands at 56.33%, up from 56.31% before the acquisition. The shares were acquired in cash through normal market purchases, with no encumbrance or pledge involved. The disclosure was filed with BSE and NSE on 16th March 2026 as required under takeover regulations.
This is a small promoter share purchase (just 0.02% increase) signalling continued promoter confidence in the company, but it is too minor to materially affect the stock price. Total promoter holding remains comfortably above the 50% mark, indicating strong promoter control.