The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Horizon Impex Pvt Ltd
WESTLIFE · price
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Awaiting price reaction for this filing.
Horizon Impex Private Limited, part of the promoter group of Westlife Foodworld Ltd (operator of McDonald's in West and South India), acquired 14,000 equity shares through open market purchases on 20th and 23rd February 2026. The transaction increased Horizon Impex's direct stake from 30.35% to 30.36%, and the total promoter group holding from 56.26% to 56.27% of the company's paid-up equity capital. The acquisition represents just 0.01% of total shares. No encumbrance (pledge/lien) exists on the promoter's holdings. The disclosure was filed on 24th February 2026.
This is a minor open-market purchase by the promoter that signals continued promoter confidence in the company, though the size is too small (0.01%) to materially affect the stock price. Promoter group remains comfortably above the 50% majority mark at 56.27%.