Hot Pursuit     09-Dec-21
Westlife Development CFO Pankaj Roongta resigns
Westlife Development on Wednesday announced that Pankaj Roongta has resigned from the position of the chief financial officer (CFO) of the company and of its subsidiary.
The company further said that the resignation has been accepted. Accordingly, he has ceased to be such CFO, with effect from 8 December 2021. Roongta was appointed as chief financial officer with effect from 4 May 2020.

Shares of Westlife Development were trading 1.23% higher at Rs 585.35 on BSE.

Westlife Development focuses on setting up and operating quick service restaurants (QSR) in India through its subsidiary Hardcastle Restaurants (HRPL). The company operates a chain of McDonald's restaurants in West and South India, having a master franchisee relationship with McDonald's Corporation USA, through the latter's Indian subsidiary.

On a consolidated basis, the company reported a net loss of Rs 4.42 crore in Q2 FY22 as compared to a net loss of Rs 32.54 crore posted in Q2 FY21. Net sales rose 84% to Rs 380.75 crore in Q2 FY22 over Q2 FY21.

Previous News
  Westlife Development reports consolidated net profit of Rs 23.58 crore in the June 2022 quarter
 ( Results - Announcements 28-Jul-22   17:15 )
  Westlife Development reports consolidated net profit of Rs 15.32 crore in the March 2022 quarter
 ( Results - Announcements 18-May-22   17:05 )
  Westlife Development announces board meeting date
 ( Corporate News - 27-Oct-22   15:51 )
  Westlife Foodworld AGM scheduled
 ( Corporate News - 09-Aug-24   16:21 )
  Volumes jump at Westlife Development Ltd counter
 ( Hot Pursuit - 29-Jul-22   11:00 )
  Westlife Development grants 2.17 lakh stock options
 ( Corporate News - 10-Oct-22   19:02 )
  Westlife Development reports standalone net loss of Rs 0.16 crore in the March 2022 quarter
 ( Results - Announcements 18-May-22   15:59 )
  Westlife Development grants stock options to employees of subsidiary
 ( Corporate News - 01-Oct-20   13:44 )
  Westlife Development to declare Quarterly Result
 ( Corporate News - 12-Jan-21   13:56 )
  Westlife Development reports standalone net loss of Rs 0.22 crore in the September 2018 quarter
 ( Results - Announcements 26-Oct-18   16:13 )
  Westlife Development allots 3000 equity shares under ESOS
 ( Corporate News - 04-Aug-21   15:09 )
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