Westlife Foodworld Limited
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.
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.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.