Smart Money Alert

Westlife Foodworld Limited

DecreasedQuarterly

WESTLIFERestaurantsMarket Cap₹9K Cr

Stake

3.57% → 2.94%

Holding

45.77 L shares

Change

−9.89 L shares

As of

Sept 2026

Since alert+1.0%₹573.60 → ₹579.15

Nifty 50+0.7%

DSP Mutual Fund

Mutual Fund

The move

DSP Mutual Fund reduced its stake in Westlife Foodworld Limited from 3.57% to 2.94%, selling 9,88,829 shares in a rights issue context.

About Westlife Foodworld Limited

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A leading restaurant operator in India, Westlife Development establishes and operates McDonald's outlets across West and South India through its subsidiary Hardcastle Restaurants. The company manages franchise operations, food preparation, supply chain coordination, and customer service across its restaurant network. Its distinctive approach combines standardized global operational practices with localized management tailored to regional Indian market preferences and consumer behavior.

About DSP Mutual Fund

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Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.

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More moves in Westlife Foodworld Limited

Mirae Asset Mutual FundExited

Mirae Asset Mutual Fund has dropped off the latest shareholder list for Westlife Foodworld Limited, where the fund previously held a 1.02 percent stake. This suggests Mirae Asset Mutual Fund either exited completely or trimmed the position below 1 percent.

14 Oct 2026

ICICI Prudential Life InsuranceDecreased

ICICI Prudential Life Insurance reduced its stake in Westlife Foodworld from 1.91% to 1.70%, selling 3,27,099 shares during a rights issue.