Horizon Impex Private Limited, a promoter entity, has disclosed the acquisition of 14,000 equity shares in Westlife Foodworld Limited. The transactions took place on February 20th and 23rd, 2026, via the Open Market. This transaction marginally increased the promoter group’s total holding to 56.27% of the company’s total voting capital, as per the filing dated February 24th, 2026.
Mandatory Disclosure of Share Acquisition
Horizon Impex Private Limited, categorized as an Acquirer (Promoter), has officially submitted a disclosure regarding changes in its shareholding in Westlife Foodworld Limited (the Target Company). This notification pertains to compliance with substantial acquisition regulations, covering transactions that occurred between February 20th, 2026, and February 23rd, 2026.
Details of the Transaction
The core of the disclosure centers on the acquisition of 14,000 equity shares carrying voting rights by Horizon Impex Private Limited. The acquisition method used for these shares was the Open Market.
Pre- and Post-Acquisition Shareholding
The total combined holding of the acquirer and its Persons Acting in Concert (PAC), comprising the promoter group, showed a minor increase:
- Before Acquisition: The total holding stood at 8,77,31,907 shares, representing 56.26% of the total capital.
- Shares Acquired: An additional 14,000 shares were purchased, representing 0.01% of the total capital.
- After Acquisition: The aggregate holding increased to 8,77,45,902 shares, accounting for 56.27% of the total voting capital.
Capital Structure Context
The equity share capital base of Westlife Foodworld Limited remains unchanged by this transaction. The capital is stated as Rs. 31,18,72,330/-, divided into 15,59,36,165 equity shares, each having a face value of Rs. 2/-. The date of intimation to the Company was February 24th, 2026, covering the purchases made on the preceding dates.
The filing confirms that Sajeev Arimpur acted as the Authorised Signatory for Horizon Impex Private Limited concerning this mandatory disclosure.
Source: BSE