NSEUpdates12 Sept 2026 · 12 Sept 2026, 10:16 am
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WeWork India Management Limited · WEWORK
✦ AI SummaryDebt Restruc.
WeWork India Management Limited has filed an application with the National Company Law Tribunal to reduce its share capital by utilising ₹20,501.60 million from the securities premium account to offset accumulated losses.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment4/10
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Full Announcement
WeWork India Management Limited has informed the Exchange regarding 'e-filing of application in Form RSC-1 with the Hon ble National Company Law Tribunal for Reduction of Share Capital (Securities Premium Account) of the Company'.
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WEWORK_12092026101618_NCLT_RSC1_Efiling_Intimation.pdf
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WEWORK INDIA MANAGEMENT LIMITED
(Formerly known as WeWork India Management Private Limited)
Regd. Office: 6th Floor, Prestige Central, 36 Infantry Road
Shivaji Nagar Bengaluru, Karnataka, 560001
Email: cswwi@wework.co.in; Website: https://wework.co.in/
Telephone no.: 080-37880881
CIN: L74999KA2016PLC093227
September 12, 2026
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (East), Mumbai – 400 051 Fort, Mumbai – 400 001
Symbol: WEWORK Scrip Code: 544570
Dear Sir/ Madam,
Subject: Intimation regarding e-filing of application in Form RSC-1 with the Hon’ble National
Company Law Tribunal for Reduction of Share Capital (Securities Premium Account) of the
Company
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, and in continuation of our intimations dated July 16, 2026 and August 25, 2026 regarding the
approvals granted by the Board of Directors and the Members, respectively, for the proposed Reduction
of Share Capital (Securities Premium Account) of the Company (“Proposed Reduction”), we wish to
inform you that the Company has, on September 11, 2026, e-filed an application in Form RSC-1 with
the Hon’ble National Company Law Tribunal, Bengaluru Bench, seeking sanction of the Proposed
Reduction pursuant to Section 66 read with Section 52 of the Companies Act, 2013 and the National
Company Law Tribunal (Procedure for Reduction of Share Capital of Company) Rules, 2016.
The Proposed Reduction involves utilisation of ₹20,501.60 million out of the balance of ₹21,589.99
million standing to the credit of the Securities Premium Account of the Company to fully set off its
Accumulated Losses amounting to ₹20,501.60 million as on March 31, 2026, thereby eliminating such
losses from its books of account and presenting a true and fair view of its financial position.
You are requested to kindly take the above information on record.
Yours faithfully,
For WeWork India Management Limited
Udayan Shukla
Company Secretary & Compliance Officer
Membership No.: F11744