Westlife Foodworld Limited
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.
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.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.