WESTLIFE FOODWORLD LIMITED has informed the Exchange about General Updates
WESTLIFE · price
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Westlife Foodworld Limited informed the exchanges that its wholly-owned subsidiary, Hardcastle Restaurants Private Limited (HRPL), has declared a final dividend of Rs. 165 per equity share (face value Rs. 1,000) for FY2024-25, which works out to over 16.5% on the face value. The declaration was made at HRPL's Annual General Meeting held on 20th June 2025. Since Westlife Foodworld is the sole shareholder of HRPL, the entire dividend payout will flow to the parent company and not directly to retail shareholders of Westlife Foodworld.
This is a subsidiary-level dividend and does not directly affect Westlife Foodworld's retail shareholders. The actual cash inflow goes to the listed parent company, which may or may not pass it on as a dividend to its own shareholders. Investors should wait for any separate announcement from Westlife Foodworld regarding its own dividend for FY25.