The board of directors of Westlife Foodworld Ltd. has approved the Business Responsibility and Sustainability Report (BRSR) 2025, which forms a part of the Annual Report for the financial year 2024-25.
The BRSR outlines the company's initiatives and performance related to environmental, social, and governance (ESG) factors. It includes details on various aspects such as:
- General disclosures
- Products and services
- Operations
- Management and process disclosures
- Principle-wise performance disclosure
- Other relevant information
General Disclosures:
Westlife Foodworld Ltd. has a Corporate Identity Number (CIN) of L65990MH1982PLC028593 and was incorporated in 1982. The registered and corporate office is located at 3, 10th Floor, One International Center, Senapati Bapat Marg, Prabhadevi, Mumbai 400013. The company’s email address is shatadru@mcdonaldsindia.com, and its website is www.westlife.co.in. The financial year for the reporting is 2024-25.
The company’s shares are listed on the National Stock Exchange (NSE) and BSE Limited (BSE). The paid-up capital is ₹31.18 Crores, comprising 155,936,165 equity shares of ₹2 each.
Products and Services:
The company’s business activities account for 90% of the turnover, with activities of holding company operating Quick Service Restaurants (QSR) through its subsidiary Hardcastle Restaurants Private Limited, contributing 100% of the turnover. This involves establishing and operating McDonald's restaurants across West and South India.
Operations:
Westlife Foodworld has 439 operational locations nationally, including 1 head office and 438 restaurants. The company serves markets nationally across 11 states.
Transparency and Disclosures Compliances:
The company has identified its external and internal stakeholders through stakeholder mapping and periodic stakeholder engagement exercises. A grievance redressal mechanism and customer feedback form are in place to address grievances from external and internal stakeholders.
Governance, Leadership, and Oversight:
The Board of Directors is responsible for the implementation and oversight of the Business Responsibility policy. The company has a specified Committee of the Board, known as the Sustainability and Corporate Social Responsibility (SCSR) Committee, responsible for decision-making on sustainability-related issues.
The Business Responsibility and Sustainability Report 2025 was approved by the board, demonstrating the company's commitment to responsible and sustainable business practices.
The Business Responsibility and Sustainability Report 2025 was approved by the board, demonstrating the company's commitment to responsible and sustainable business practices.
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