WESTLIFE FOODWORLD LIMITED has informed the Exchange about change in Management
WESTLIFE · price
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Westlife Foodworld Limited, the operator of McDonald's restaurants in West and South India, has informed the exchanges that Mr. Hrushit Shah has resigned as the Chief Financial Officer of the company and its subsidiary Hardcastle Restaurants Private Limited, effective from the close of business hours on 4th November 2025. The reason cited is his decision to relocate overseas to be with his family. He has committed to completing all statutory duties necessary for the half-year end closure before his departure. The company has not yet announced a successor in this filing.
This is a senior leadership change at the McDonald's India franchise operator. While the departure is personal and not performance-related, investors may watch closely for timely appointment of a permanent CFO, as the role is critical during the half-year financial closing. Short-term uncertainty around financial reporting continuity cannot be ruled out.