WESTLIFEBSEWestlife Foodworld LtdMediumPositive
Announced Mon, 9 Mar · 16:57 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

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

Westlife Foodworld's promoter entity, Horizon Impex Private Limited, bought 5,000 equity shares of the company through open market transactions on 4th and 5th March 2026. This nudged Horizon Impex's individual stake from 30.39% to 30.40% of the paid-up share capital. Including other promoter group members, the total promoter group holding rose marginally from 56.30% to 56.31%. The acquisition was made in cash through normal market purchase and there is no encumbrance (pledge) involved. The disclosure was filed with BSE and NSE under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations.

Likely market impact

The increase is extremely small (just 0.01% of total capital) and is unlikely to have any meaningful impact on the stock price. It signals continued promoter confidence but is essentially a routine regulatory disclosure rather than a significant stake change.