466.90 -6.30(-1.33%)
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Westlife Foodworld Limited was initially incorporated as Dhanprayog Investments Company Limited' on October 30, 1982. The Company changed its name from Dhanprayog Investments Company Limited to Westlife Development Limited on June 3, 2008 and further to Westlife Foodworld Limited on November 4, 2022. Westlife Foodworld Limited, belonging to the B.L. Jatia Group, is one of the fastest growing companies in India's QSR sector. The Company is engaged in putting up and operating Quick Service Restaurants (QSR) in India through its wholly owned subsidiary Hardcastle Restaurants Private Limited (HRPL).The Bombay High Court had, vide its order dated 19th July 2013 approved the Scheme of Arrangement between the Company and its subsidiaries As a result, Hardcastle Restaurants Private Limited became the direct subsidiary of the Company.In 1996, the Company started its first Indian restaurant in Bandra.In FY2015, the Company expanded its footprint with a gross addition of 27 new restaurants and also invested in re-imaging activities relating to building the interiors and exteriors to enhance the overall dining experience at its restaurants. For the same purposes, it invested Rs 1,021.8 million towards capital expenditure. During the year 2015, the Company closed/ relocated 2 ...