SBI Mutual Fund decreased its stake in Westlife Foodworld Limited from 9.79% to 9.34%, selling 7,00,000 shares.
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.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
