Eastern Trading Company disclosed disposal of 32,47,289 shares in Westlife Foodworld Limited, reducing its stake from 7.39% to 5.31% through open market transactions conducted from April 2018 to February 2026. The partnership firm filed the mandatory SEBI SAST disclosure on February 18, 2026, confirming it is not part of the promoter group. Westlife Foodworld's equity structure remained unchanged at Rs. 31,18,72,330 divided into 15,59,36,165 shares of Rs. 2 each.
Eastern Trading Company Reduces Stake in Westlife Foodworld to 5.31% Through Share Disposal
Westlife Foodworld has received a regulatory disclosure from Eastern Trading Company regarding the disposal of shares under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The partnership firm filed the mandatory disclosure on February 18, 2026, with both BSE Limited and NSE Limited, detailing a significant reduction in its shareholding.
Share Disposal Details
Eastern Trading Company disposed of 32,47,289 shares representing 2.08% of Westlife Foodworld's total share capital through open market transactions. The disposal period extended from April 2, 2018, to February 17, 2026, indicating a gradual reduction in the firm's position over nearly eight years.
Transaction Details: Figures Shares Disposed: 32,47,289 Percentage Disposed: 2.08% Transaction Mode: Open Market Transaction Period: April 2, 2018 to February 17, 2026
Shareholding Position Changes
The disposal resulted in a notable reduction in Eastern Trading Company's stake in Westlife Foodworld. Prior to the transaction, the firm held 1,15,21,500 shares representing 7.39% of the company's total voting capital. Following the disposal, the holding decreased to 82,74,211 shares, constituting 5.31% of the total shareholding.
Shareholding Comparison: Before Disposal After Disposal Change Number of Shares: 1,15,21,500 82,74,211 -32,47,289 Percentage Holding: 7.39% 5.31% -2.08% Voting Rights: 7.39% 5.31% -2.08%
Company Structure and Compliance
Eastern Trading Company confirmed in its disclosure that it does not belong to the promoter or promoter group of Westlife Foodworld. The firm maintained no encumbrances, warrants, convertible securities, or other instruments that would entitle it to additional voting rights in the target company throughout the transaction period.
Westlife Foodworld's equity structure remained stable during this period, with the company maintaining its equity share capital of Rs. 31,18,72,330 divided into 15,59,36,165 equity shares of Rs. 2 each. The shares continue to be listed on both BSE Limited and NSE Limited.
Regulatory Framework
The disclosure was made under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which mandates disclosure of substantial acquisitions or disposals of shares. Eastern Trading Company, operating from its Mumbai office at One Lodha Place, Lower Parel, filed the disclosure through its authorized signatory Krishan Gopal Modi, ensuring compliance with regulatory requirements for transparency in shareholding changes.
Westlife Foodworld has reported significant margin improvements driven by effective cost management strategies. The company's restaurant operating margin expanded by 150 basis points year-on-year, while operating EBITDA margin grew by 70 basis points during the same period, demonstrating strong operational efficiency despite challenging market conditions.
Operational Performance Highlights
The company's margin expansion reflects successful cost optimization efforts that more than offset the impact of increased advertising expenditure. This performance showcases management's ability to maintain operational discipline while continuing to invest in brand promotion and customer acquisition.
Performance Metric Year-on-Year Change Restaurant Operating Margin +150 basis points Operating EBITDA Margin +70 basis points
Strategic Initiatives and Outlook
Westlife Foodworld expects gross margins to remain stable in the near term, supported by strategic initiatives in key markets. The company has introduced new promotional campaigns in the West region, specifically designed to protect margins while maintaining competitive positioning.
Future Growth Prospects
Management anticipates continued EBITDA margin growth as operational metrics improve. The company expects this growth trajectory to accelerate when same-store sales performance begins to show improvement, indicating confidence in the underlying business fundamentals and market recovery potential.
The combination of cost optimization success and strategic promotional activities positions Westlife Foodworld for sustained margin expansion, reflecting the company's focus on operational excellence and market share protection.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.