WESTLIFEBSEWestlife Foodworld LtdMediumPositive
Announced Sat, 28 Feb · 10:31 IST

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

Promoter Stake BuyOwnership Changes View source PDF

WESTLIFE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Horizon Impex Pvt Ltd, part of the promoter group of Westlife Foodworld Ltd, bought 17,786 equity shares in the open market on 25th and 26th February 2026. This is a small acquisition worth just 0.01% of the company's total share capital. The acquirer's direct holding rose marginally from 30.36% to 30.37% equity stake, while the total promoter and PAC group holding increased from 56.27% to 56.28%. No encumbrance, warrants, or convertible securities were involved, and the equity share capital remains unchanged at around Rs. 31.19 crore divided into 15.59 crore equity shares of Rs. 2 each. The disclosure has been filed with both BSE and NSE.

Likely market impact

This is a minor open market purchase by the promoter group, signalling continued promoter confidence in the company. Given the negligible size of the acquisition, it is unlikely to materially affect the stock price or shareholder value, but it reflects steady promoter intent to maintain their majority stake of over 56%.