The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Banwari Lal Jatia Jointly with Ushadevi Jatia
WESTLIFE · price
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Awaiting price reaction for this filing.
Banwari Lal Jatia, jointly with Ushadevi Jatia (members of the promoter group), acquired 1,50,000 equity shares of Westlife Foodworld Ltd on May 19, 2025. This was primarily an inter-se transfer from Achal Exim Private Limited (also a promoter group entity), with a small additional sale of 10,697 shares by Achal Exim in the open market. Post-acquisition, Banwari Lal Jatia personally holds 1,51,237 shares (0.10%), while Achal Exim's holding was reduced to zero. The total promoter group holding moved marginally from 56.26% to 56.25% of paid-up equity capital (15,59,36,165 shares of Rs 2 each). No change in ultimate control of the company occurred since the transaction was largely an internal reshuffle within the promoter group.
This is essentially a reshuffling of shares within the promoter group, so it has no material impact on overall promoter control or shareholder value. The marginal 0.01% dip in total promoter holding is negligible and unlikely to move the stock price.