Horizon Impex Private Limited, identified as a Promoter entity, has disclosed the acquisition of 12,000 equity shares of Westlife Foodworld Limited. This transaction took place on March 23, 2026, via the Open Market route. Following the purchase, the promoter group’s total holding in Westlife Foodworld now stands at 56.34% of the total diluted share capital, as confirmed in the filing dated March 25, 2026.
Shareholding Change Disclosure Filed
Horizon Impex Private Limited, acting as an Acquirer and Promoter, has formally informed the stock exchanges regarding a recent transaction involving Westlife Foodworld Limited (the Target Company). The disclosure was made pursuant to the regulations concerning Substantial Acquisition of Shares and Takeovers.
Details of the Acquisition
The core event detailed in the filing is the acquisition of 12,000 equity shares. This purchase was executed on March 23, 2026, through the Open Market route. The mode of acquisition explicitly excludes mechanisms like public issues, rights issues, or preferential allotments.
Pre and Post-Acquisition Holding Analysis
Prior to this purchase, the total holding of the acquirer and Persons Acting in Concert (PACs) stood at 8,78,32,698 shares, representing 56.33% of the total voting capital.
Following the acquisition of the additional 12,000 shares (representing 0.01% equity), the total consolidated holding for the promoter group has increased to 8,78,44,698 shares, equating to 56.34% of the total diluted share capital. The individual holding for Horizon Impex Private Limited now stands at 4,74,39,734 shares (30.43%).
Capital Structure Context
The filing confirms that the total equity share capital of Westlife Foodworld Limited before the transaction was Rs. 31,18,72,330/-, divided into 15,59,36,165 equity shares, each having a face value of Rs. 2/-. This total capital structure remains unchanged post-acquisition, as the transaction was an open market purchase of existing shares.
The official intimation date regarding these transactions to the company was March 25, 2026.
Source: BSE
