Westlife Foodworld Ltd. Announces Closure of Trading Window

Team Finance Saathi

    25/Mar/2025

What's covered under the Article:

  1. Westlife Foodworld Ltd. announces trading window closure from April 1, 2025.

  2. Closure applies to directors, KMP, employees, and connected persons.

  3. The window will reopen 48 hours after Q4 FY 2025 financial results declaration.

Westlife Foodworld Limited, a prominent player in India’s foodservice industry, has announced the closure of its trading window for dealing in the company's securities as per the Securities Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015. The trading window closure will commence from April 1, 2025, and will remain closed until 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2025.

Notification of Trading Window Closure

The closure of the trading window is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandates that no trading can take place during the sensitive period leading up to the declaration of financial results.

Accordingly, Westlife Foodworld Ltd. has formally informed the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) about this decision. The company’s trading window will remain closed from April 1, 2025, and will be reopened 48 hours after the announcement of the financial results for the quarter and year ending March 31, 2025.

Applicability of the Trading Window Closure

The trading window closure applies to the following categories of individuals associated with the company:

  • Directors and Promoters

  • Key Managerial Personnel (KMP)

  • Designated Employees and Specified Connected Persons

These individuals are prohibited from buying, selling, or dealing in the company’s securities during the specified period to prevent any instance of insider trading.

Compliance with Insider Trading Regulations

Westlife Foodworld Ltd. is committed to ensuring full compliance with SEBI’s insider trading regulations and maintaining transparency in its operations. This proactive measure ensures that sensitive financial information is not misused for personal gain and protects the interests of the company’s shareholders.

Board Meeting and Financial Results

The Board Meeting for the approval of the audited financial results for the quarter and year ended March 31, 2025, is expected to be scheduled in the coming weeks. The trading window will remain closed until 48 hours after the announcement of the financial results to prevent any speculative trading.

About Westlife Foodworld Ltd.

Westlife Foodworld Ltd. operates one of India’s largest and most popular Quick Service Restaurant (QSR) chains, primarily known for managing the McDonald's brand in west and south India through its subsidiary, Hardcastle Restaurants Pvt. Ltd. The company has established itself as a leader in the food service industry, catering to millions of customers across multiple regions.

Conclusion

With this notification, Westlife Foodworld Ltd. reinforces its commitment to complying with insider trading regulations and protecting stakeholder interests. Stakeholders and designated persons are advised to adhere to this notification and refrain from any trading activity during the specified period. The trading window will reopen 48 hours after the declaration of financial results for the quarter and year ending March 31, 2025.


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