WeWork India Management sets August 24 for its 10th AGM via VC/OAVM

1 min read     Updated on 01 Aug 2026, 10:48 AM
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WeWork India Management Limited announces its 10th AGM on August 24, 2026, via VC/OAVM. Remote e-voting runs from August 20 to August 23, 2026. The cut-off date for voting eligibility is August 17, 2026. Annual reports and notices are available online and upon request.

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WeWork India Management Limited will conduct its 10th Annual General Meeting on Monday, August 24, 2026, at 12:00 noon (IST) via Video Conferencing or Other Audio-Visual Means. Shareholders holding shares as of the cut-off date, Monday, August 17, 2026, are eligible to vote on the resolutions set out in the notice. The company aims to ensure broad participation by providing remote e-voting facilities through National Securities Depository Limited.

The meeting is convened in compliance with the Companies Act, 2013, and relevant Ministry of Corporate Affairs circulars, including General Circular No. 03/2025 dated September 22, 2025. The Notice of the 10th AGM and the Annual Report for the Financial Year 2025-26 were dispatched electronically on July 31, 2026, to members with registered email addresses. Those without registered emails received a letter containing a web link to access the documents.

E-Voting Schedule and Eligibility

Remote e-voting is available to enable members to cast their votes electronically before the meeting. The voting rights are proportionate to the paid-up equity share capital held as on the cut-off date.

Key Dates Details
Cut-off Date Monday, August 17, 2026
Remote E-Voting Start Thursday, August 20, 2026, at 9:00 a.m. (IST)
Remote E-Voting End Sunday, August 23, 2026, at 5:00 p.m. (IST)
AGM Date Monday, August 24, 2026, at 12:00 noon (IST)

Members who have cast their votes via remote e-voting prior to the AGM may attend the meeting but cannot vote again. The e-voting module will be disabled by NSDL after the deadline. Members acquiring shares after the notice dispatch but holding them on the cut-off date can obtain login credentials by contacting evoting@nsdl.com .

Document Access and Physical Copies

The Notice of the 10th AGM and the Annual Report for the Financial Year 2025-26 are available on the company’s website at https://wework.co.in/ , as well as on the websites of the National Stock Exchange of India Limited and BSE Limited. They are also accessible on the National Securities Depository Limited website at https://www.evoting.nsdl.com .

Shareholders who specifically request a physical copy of the Annual Report can obtain it by sending an email to cs.wri@wework.co.in . Members without registered email addresses are advised to update their details with their Depository Participants or the Registrar and Transfer Agent, MUFG Intime India Private Limited, to facilitate future communications and e-voting participation.

Historical Stock Returns for WeWork India Management

1 Day5 Days1 Month6 Months1 Year5 Years
+4.63%+6.21%+7.86%+30.32%+18.27%+18.27%

What specific resolutions are being tabled at the 10th AGM, and how might they impact WeWork India's strategic direction for FY26-27?

How does the financial performance detailed in the FY25-26 Annual Report compare to previous years, and what growth metrics are investors prioritizing?

Given the remote-only format of the AGM, what measures is WeWork India implementing to ensure high shareholder engagement and address potential governance concerns?

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WeWork India Q1 FY27 revenue rises 28.5%, PAT at ₹53.2 Cr

1 min read     Updated on 23 Jul 2026, 01:29 PM
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WeWork India Management reported a 28.5% year-on-year increase in consolidated revenue to ₹698.0 crore for Q1 FY27, driven by strong operational performance. Profit After Tax (PAT) surged to ₹53.2 crore from ₹8.4 crore in the prior year, while EBITDA grew 69.3% to ₹138.3 crore with a margin expansion of 478 basis points to 19.8%. Operational AUM reached 9.1 million square feet, and portfolio occupancy improved to 84.9%. The Board approved corporate actions including share capital reclassification and reduction to set off accumulated losses.

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[WeWork India Management](wework india management) reported a consolidated revenue of ₹698.0 crore for the quarter ended June 30, 2026 (Q1 FY27), an increase of 28.5% compared to ₹543.3 crore in the same period a year ago. The company delivered a Profit After Tax (PAT) of ₹53.2 crore, significantly higher than ₹8.4 crore in Q1 FY26. These unaudited financial results were approved by the Board of Directors on July 16, 2026, and reviewed by the Statutory Auditors.

Q1 FY27 Financial Highlights

The following table presents the key consolidated metrics for the quarter under Ind AS.

Metric: Q1 FY27 Q1 FY26 Change (YoY)
Revenue from operations: ₹6,838.32 million ₹5,353.10 million Increase
Total Income: ₹7,007.40 million ₹5,457.13 million Increase
Total Expenses: ₹7,047.77 million ₹5,594.66 million Increase
Net Loss: ₹40.61 million ₹141.47 million Narrowed

Operational Performance

Operational Area Under Management (AUM) grew 18.5% year-on-year to 9.1 million square feet, with desk capacity reaching 133.6k desks. The company added 6.7k desks during the quarter. Portfolio occupancy stood at 84.9%, up 844 basis points YoY. Total members increased by 29.9% to 113.4k. The company sold 12.7k desks in Q1 FY27, recording its highest-ever monthly sales of 7.5k desks during the period.

Profitability and Cash Flows

EBITDA for the quarter was ₹138.3 crore, up 69.3% YoY, with an EBITDA margin of 19.8%, an expansion of 478 basis points. Free cash flows from operations were ₹141.9 crore, representing 1.03x EBITDA conversion. The Return on Capital Employed (ROCE) was 28.6%, an increase of 1,955 basis points compared to the same quarter last year. Net debt stood at ₹31.6 crore, down 89.4% YoY.

Corporate Actions and Approvals

The Board sanctioned the alteration of the Objects Clause of the Memorandum of Association to expand business activities through e-commerce marketplaces, digital commerce platforms, and technology-enabled channels. The Board also approved the reclassification of the authorised share capital from ₹10,00,00,00,000 divided into 85,75,05,674 Equity Shares and 14,24,94,326 Compulsorily Convertible Preference Shares to ₹10,00,00,00,000 divided into 1,00,00,00,000 Equity Shares of ₹10 each. Subject to shareholder and National Company Law Tribunal approval, the Board approved the reduction of share capital from the Securities Premium Account to set off accumulated losses of ₹20,501.60 million as of March 31, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE085001019/3950a063-c5f6-48ea-a981-b0ce664fc587.pdf

Historical Stock Returns for WeWork India Management

1 Day5 Days1 Month6 Months1 Year5 Years
+4.63%+6.21%+7.86%+30.32%+18.27%+18.27%

How will the planned expansion into e-commerce and digital commerce platforms impact WeWork India's revenue diversification strategy?

Can WeWork India sustain the 84.9% portfolio occupancy rate and high desk sales velocity amid potential economic slowdowns?

What is the company's capital allocation strategy following the significant reduction in net debt and strong free cash flow generation?

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