The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Eastern Trading Company
WESTLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.6 pts less than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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M/s Eastern Trading Company, a partnership firm that is NOT part of the promoter/promoter group, has filed a SAST disclosure reporting the sale (disposal) of 32,47,289 equity shares of Westlife Foodworld Ltd, representing 2.08% of the company's share capital. The shares were sold in the open market over the period from April 2, 2018 to February 17, 2026. As a result of this sale, the firm's holding in Westlife Foodworld has come down from 1,15,21,500 shares (7.39%) to 82,74,211 shares (5.31%). Post-transaction, the entity remains a non-promoter shareholder holding just above the 5% disclosure threshold, with no encumbrance (pledge/lien) on the shares.
Since the seller is not part of the promoter group, this is a stake reduction by a non-promoter institutional/entity shareholder and is not necessarily a negative signal for the stock. However, continued open-market selling by a significant shareholder crossing lower thresholds may be watched by retail investors for any overhang concerns.