Horizon Impex Private Limited, acting as an Acquirer (Promoter), has disclosed the acquisition of 17,786 equity shares in Westlife Foodworld Limited on February 25th and 26th, 2026. This transaction increased the holding of the Acquirer and Persons Acting in Concert (PAC) to 56.28% of the total share capital. The disclosure was formally submitted to the stock exchanges on February 27th, 2026, in compliance with takeover regulations.
Disclosure of Share Acquisition by Horizon Impex Private Limited
Horizon Impex Private Limited has formally notified the stock exchanges regarding a substantial acquisition of shares in the target company, Westlife Foodworld Limited. The disclosure was made pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of the Transaction
The acquisition involved 17,786 equity shares (carrying voting rights) acquired by Horizon Impex Private Limited. These transactions occurred on February 25th and 26th, 2026. The mode of acquisition was through the Open Market.
Pre- and Post-Acquisition Holding Summary
Prior to this latest acquisition, the total holding of Horizon Impex Private Limited along with its Persons Acting in Concert (PAC) stood at 8,77,45,902 equity shares, representing 56.27% of the total share capital.
Following the acquisition of 17,786 shares (which accounted for 0.01% of the total capital), the combined holding increased:
- Total equity shares held: 8,77,63,688
- Total voting rights percentage: 56.28%
Capital Structure Details
The equity share capital of Westlife Foodworld Limited remained unchanged by the acquisition, with the total capital being Rs. 31,18,72,330/-, divided into 15,59,36,165 equity shares of Rs. 2/- each, both before and after the transaction.
The formal intimation date to the Company regarding these purchases was February 27th, 2026.
Source: BSE