Hardcastle Restaurants Private Limited Recommends Final Dividend; Westlife Foodworld Ltd. Shares Fall 2% 

Mumbai, May 8: Westlife Foodworld Ltd. informed stock exchanges that its subsidiary, Hardcastle Restaurants Private Limited, has recommended a final dividend of ₹72 per equity share for the financial year 2025-26, according to a regulatory filing. 

The proposed dividend was approved by the board of directors of Hardcastle Restaurants during its meeting held on May 7. 

Hardcastle Restaurants Recommends FY26 Final Dividend 

According to the company’s exchange disclosure, the proposed dividend remains subject to approval by shareholders of the subsidiary company. 

The filing stated that the dividend has been recommended on equity shares carrying a face value of ₹1,000 each. 

The disclosure was made under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

While the announcement relates specifically to the subsidiary entity, investors closely tracked the development due to Hardcastle Restaurants’ role as the operating company managing McDonald’s restaurant operations across west and south India. 

The latest recommendation comes as quick service restaurant operators continue focusing on profitability, store expansion and improving operational efficiency amid evolving consumer spending trends. 

Stock Market Snapshot 

Westlife Foodworld share price traded lower following the disclosure. 

The stock was quoted around ₹494 at 9:18 a.m. IST on May 8, down nearly 2% from the previous close near ₹501, according to exchange data. 

The stock had opened higher near ₹515 before reversing gains and slipping into negative territory during morning trade. 

Market participants tracked the corporate development alongside broader movement in consumer discretionary and quick service restaurant stocks. 

Company Continues Focus On QSR Expansion 

Westlife Foodworld Ltd. operates McDonald’s restaurants across west and south India through its subsidiary structure. 

Hardcastle Restaurants Private Limited functions as the operating entity overseeing restaurant operations, expansion and franchise execution. 

The company has continued focusing on store additions, digital ordering channels, delivery expansion and menu innovation within the quick service restaurant segment. 

Its business performance remains closely linked to urban consumption trends, dine-in traffic recovery and food delivery demand across key metropolitan markets. 

Conclusion 

The latest filing relates to the proposed FY26 dividend payout by Hardcastle Restaurants and remains subject to shareholder approval. 

Source: 

• https://www.nseindia.com/get-quote/equity/WESTLIFE/WESTLIFE-FOODWORLD-LIMITED 
• https://nsearchives.nseindia.com/corporate/RadhaWestlife_07052026160857_Intimation_of_Dividend_by_HRPL_07052026.pdf