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Westlife Foodworld announces FY26 royalty fee update for Hardcastle

October 15, 2025 at 08:59 AM UTCBy FilingReader AI

Westlife Foodworld Ltd has announced an update on the royalty fees payable by its wholly-owned subsidiary, Hardcastle Restaurants Pvt Ltd (HRPL), to McDonald's Corporation. For the fiscal year 2026 (FY26), these royalty fees will be 5.0%. This fee structure is contingent upon HRPL meeting its network growth objectives.

The company communicated this information in compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The announcement was made on October 15, 2025, and signed by dr. Shatadru Sengupta, company secretary. The update is provided to both the BSE Ltd and the National Stock Exchange of India Limited for market awareness.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:WESTLIFEBombay Stock Exchange

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