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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On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.9 pts more 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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Horizon Impex Private Limited, part of the promoter group of Westlife Foodworld Ltd (operator of McDonald's restaurants in West and South India), bought 34,010 equity shares in the open market between 27 February and 2 March 2026. This is a small acquisition of just 0.02% of the company's share capital. After the purchase, Horizon Impex's individual stake rose marginally from 30.37% to 30.39%, while total promoter group holding increased from 56.28% to 56.30% of Westlife Foodworld. No encumbrance (pledge/lien) was created on the shares, and no convertible instruments were involved. The shares were acquired purely through open market purchases.
This is a routine, very small open-market purchase by an existing promoter entity, signalling continued promoter confidence but with no meaningful change in control or ownership structure. Shareholders are unlikely to see any material impact on the stock price from this transaction.