WeWork India Management CEO, MD, chairman, board of directors and AGM

Mutual fund votes, meeting of 24 Aug 2026, 5 fund houses so far (houses' deadline to file 15 Oct 2026)

• Adoption of Audited Standalone Financial Statements

  5 for0 against
• Adoption of Audited Consolidated Financial Statements

  5 for0 against
• Re-appointment of Mr. Adnan Mostafa Ahmad (DIN: 10838524), as a director, liable to retire by rotation

  5 for0 against
• Reclassification of Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association of the Company

  5 for0 against
• Approval of Reduction of Share Capital (Securities Premium Account) of the Company

  5 for0 against
• Alteration of the Objects Clause of the Memorandum of Association of the Company

  5 for0 against

Mutual fund votes, meeting of 8 Jan 2026, 13 fund houses

• Ratification and Amendment of the WeWork India Management Limited 2018 Equity Incentive Plan

  ›Against Axis Mutual Fund, Bank of India Mutual Fund, Edelweiss Mutual Fund, HDFC Mutual Fund, Invesco Mutual Fund, Motilal Oswal Mutual Fund

  • Axis Mutual FundThe company seeks shareholder approval for ratification and amendment of its pre-IPO stock option scheme - ‘WeWork India Management Limited 2018 Equity Incentive Plan’ (EIP 2018) The proposed amendments primarily relate to the ESOP pool size and vesting period, which are operational in nature. As per the notice, the total stock option pool under EIP 2018 comprises 6,594,660 stock options, of which 6,127,712 options have already been granted and 466,888 options remain ungranted. The vesting of options would be subject to continued employment , while the Nomination and Remuneration Committee (NRC), at its sole and absolute discretion, may prescribe performance-based conditions or targets. The performance criteria would be linked to a combination of corporate and individual performance. The exercise price under the scheme is to be determined by the NRC and will not be less than the face value of the shares. Hence, there is no clarity on the exercise price of options. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. If the stock options are granted at a significant discount, there is no alignment between the interests of investors and those of employees. As a good practice, companies must grant stock options at market price, or the options should have a performance-based vesting with clearly defined performance metrics and targets. In the absence of clarity on the exercise price, we are unable to support the resolution.
  • Bank of India Mutual FundThe company seeks shareholder approval for ratification and amendment of its pre-IPO stock option scheme - ‘WeWork India Management Limited 2018 Equity Incentive Plan’ (EIP 2018) The proposed amendments primarily relate to the ESOP pool size and vesting period, which are operational in nature.As per the notice, the total stock option pool under EIP 2018 comprises 6,594,660 stock options, of which 6,127,712 options have already been granted and 466,888 options remain ungranted. The vesting of options would be subject to continued employment , while the Nomination and Remuneration Committee (NRC), at its sole and absolute discretion, may prescribe performance-based conditions or targets. The performance criteria would be linked to a combination of corporate and individual performance. The exercise price under the scheme is to be determined by the NRC and will not be less than the face value of the shares. Hence, there is no clarity on the exercise price of options. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. If the stock options are granted at a significant discount, there is no alignment between the interests of investors and those of employees. As a good practice, companies must grant stock options at market price, or the options should have a performance-based vesting with clearly defined performance metrics and targets. In the absence of clarity on the exercise price, we are unable to support the resolution.
  • Edelweiss Mutual Fund, Motilal Oswal Mutual FundNo concern with regard to the proposed modification per-se; however, concern identified with regard to underlying schemes to which the modification is proposed. Non-Compliant with SEBI (SBEB & SE) Regulations: Non-Disclosure of Vesting Period & Exercise Price as per SEBI Regulations. Governance concern: Potential economic benefits to a single employee appear to be disproportionate and excessive.
  • HDFC Mutual FundLack of clarity on the pricing of ESOPs. We do not support the resolution.
  • Invesco Mutual FundThe company seeks shareholder approval for ratification and amendment of its pre-IPO stock option scheme - ‘WeWork India Management Limited 2018 Equity Incentive Plan’ (EIP 2018) The proposed amendments primarily relate to the ESOP pool size and vesting period, which are operational in nature. As per the notice, the total stock option pool under EIP 2018 comprises 6,594,660 stock options, of which 6,127,712 options have already been granted and 466,888 options remain ungranted. The vesting of options would be subject to continued employment, while the Nomination and Remuneration Committee (NRC), at its sole and absolute discretion, may prescribe performance-based conditions or targets. The performance criteria would be linked to a combination of corporate and individual performance. The exercise price under the scheme is to be determined by the NRC and will not be less than the face value of the shares. Hence, there is no clarity on the exercise price of options. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. If the stock options are granted at a significant discount, there is no alignment between the interests of investors and those of employees. As a good practice, companies must grant stock options at market price, or the options should have a performance-based vesting with clearly defined performance metrics and targets. In the absence of clarity on the exercise price, we are unable to support the resolution

  7 for6 against
• Ratification and Amendment of the WeWork India Management Limited 2021 Equity Incentive Plan

  ›Against Axis Mutual Fund, Bank of India Mutual Fund, Edelweiss Mutual Fund, HDFC Mutual Fund, Invesco Mutual Fund, Motilal Oswal Mutual Fund

  • Axis Mutual FundThe company seeks shareholder approval for ratification and amendment of its pre-IPO stock option scheme - ‘WeWork India Management Limited 2021 Equity Incentive Plan’ (EIP 2021). The proposed amendments primarily relate to the ESOP pool size and vesting period, which are operational in nature. As per the notice, the total stock option pool under EIP 2021, the total pool consists of 459,195 stock options, all of which have been granted. The vesting of options would be subject to continued employment, while the Nomination and Remuneration Committee (NRC), at its sole and absolute discretion, may prescribe performance-based conditions or targets. The performance criteria would be linked to a combination of corporate and individual performance. The exercise price under the scheme is to be determined by the NRC and will not be less than the face value of the shares. Hence, there is no clarity on the exercise price of options. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. If the stock options are granted at a significant discount, there is no alignment between the interests of investors and those of employees. As a good practice, companies must grant stock options at market price, or the options should have a performance-based vesting with clearly defined performance metrics and targets. In the absence of clarity on the exercise price, we are unable to support the resolution.
  • Bank of India Mutual FundThe company seeks shareholder approval for ratification and amendment of its pre-IPO stock option scheme - ‘WeWork India Management Limited 2021 Equity Incentive Plan’ (EIP 2021). The proposed amendments primarily relate to the ESOP pool size and vesting period, which are operational in nature.As per the notice, the total stock option pool under EIP 2021, the total pool consists of 459,195 stock options, all of which have been granted. The vesting of options would be subject to continued employment, while the Nomination and Remuneration Committee (NRC), at its sole and absolute discretion, may prescribe performance-based conditions or targets. The performance criteria would be linked to a combination of corporate and individual performance. The exercise price under the scheme is to be determined by the NRC and will not be less than the face value of the shares. Hence, there is no clarity on the exercise price of options. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. If the stock options are granted at a significant discount, there is no alignment between the interests of investors and those of employees. As a good practice, companies must grant stock options at market price, or the options should have a performance-based vesting with clearly defined performance metrics and targets. In the absence of clarity on the exercise price, we are unable to support the resolution.
  • Edelweiss Mutual Fund, Motilal Oswal Mutual FundNo concern with regard to the proposed modification per-se; however, concern identified with regard to underlying schemes to which the modification is proposed. Non-Compliant with SEBI (SBEB & SE) Regulations: Non-Disclosure of Vesting Period & Exercise Price as per SEBI Regulations. Governance concern: Potential economic benefits to a single employee appear to be disproportionate and excessive.
  • HDFC Mutual FundLack of clarity on the pricing of ESOPs. We do not support the resolution.
  • Invesco Mutual FundThe company seeks shareholder approval for ratification and amendment of its pre-IPO stock option scheme - ‘WeWork India Management Limited 2021 Equity Incentive Plan’ (EIP 2021). The proposed amendments primarily relate to the ESOP pool size and vesting period, which are operational in nature. As per the notice, the total stock option pool under EIP 2021, the total pool consists of 459,195 stock options, all of which have been granted. The vesting of options would be subject to continued employment, while the Nomination and Remuneration Committee (NRC), at its sole and absolute discretion, may prescribe performance-based conditions or targets. The performance criteria would be linked to a combination of corporate and individual performance. The exercise price under the scheme is to be determined by the NRC and will not be less than the face value of the shares. Hence, there is no clarity on the exercise price of options. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. If the stock options are granted at a significant discount, there is no alignment between the interests of investors and those of employees. As a good practice, companies must grant stock options at market price, or the options should have a performance-based vesting with clearly defined performance metrics and targets. In the absence of clarity on the exercise price, we are unable to support the resolution

  7 for6 against
• Alteration of Articles of Association of the Company

  13 for0 against

• Tax disputeAdditional Commissioner, CGST Gurugram Commissionerate, GurugramSince 30 Sep 2025
  The Company received Order issued by Additional Commissioner, CGST Gurugram dated 27 March 2026 for the period April 2019 to March 2023 under Section 74(9) of the Central Goods and Services Tax Act, 2017, Haryana Goods and Services Tax Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017. On 26 June 2026, the Company filed an appeal against the order issued to the Commissioner (Appeals), CGST Gurugram substantiating its position.MoreLess
  At the filing before: The Company received Order issued by Additional Commissioner, CGST Gurugram dated 27 March 2026 for the period April 2019 to March 2023 under Section 74(9) of the Central Goods and Services Tax Act, 2017, Haryana Goods and Services Tax Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017. The Company intends to file an appeal against the order issued to the Commissioner (Appeals), CGST Gurugram, within the prescribed timelines.MoreLess
• Tax disputeJoint Commissioner of Commercial Taxes, (Appeals-1), BengaluruSince 8 Jan 2025
  The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 24 December 2025 for the Financial Year 2017–18. On 30 June 2026, the Company filed an appeal before the Appellate Tribunal substantiating its position.MoreLess
  At the filing before: The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 24 December 2025 for the Financial Year 2017–18. The Company intends to file an appeal before the Appellate Tribunal against the said order. Accordingly, on 11 February 2026, the Company submitted an undertaking to file the appeal once the Tribunal becomes functional and made a pre-deposit of 10% of the disputed amount with the Deputy Commissioner of Commercial Taxes, Audit-1.4, Bengaluru. The Company will file the appeal before the Tribunal in due course.MoreLess
• Tax disputeJoint Commissioner of Commercial Taxes, (Appeals-1), BengaluruSince 28 Aug 2025
  The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 28 August 2025 for the Financial Year 2018–19. On 30 June 2026, the Company filed an appeal before the Appellate Tribunal substantiating its position.MoreLess
  At the filing before: Not applicable, as no disclosures relating to litigation or disputes were made in the previous reporting periods, since there were no reportable developments during the said periods.
• Tax disputeJoint Commissioner of Commercial Taxes, (Appeals-1), BengaluruSince 29 Jul 2024
  The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 31 December 2025 for the Financial Year 2019–20. On 30 June 2026, the Company filed an appeal before the Appellate Tribunal substantiating its position.MoreLess
  At the filing before: The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 31 December 2025 for the Financial Year 2019–20. The Company intends to file an appeal before the Appellate Tribunal against the said order. Accordingly, on 11 February 2026, the Company submitted an undertaking to file the appeal once the Tribunal becomes functional and made a pre-deposit of 10% of the disputed amount with the Deputy Commissioner of Commercial Taxes, Audit-1.4, Bengaluru. The Company will file the appeal before the Tribunal in due course.MoreLess
• Tax disputeJoint Commissioner of Commercial Taxes (Appeals-1), BengaluruSince 25 Feb 2025
  The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 29 January 2026 for the Financial Year 2020–21. On 30 June 2026, the Company filed an appeal before the Appellate Tribunal substantiating its position.MoreLess
  At the filing before: The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 29 January 2026 for the Financial Year 2020–21. The Company intends to file an appeal before the Appellate Tribunal against the said order. Accordingly, on 9 April 2026, the Company submitted an undertaking to file the appeal once the Tribunal becomes functional and made a pre-deposit of 10% of the disputed amount with the Deputy Commissioner of Commercial Taxes, Audit-1.4, Bengaluru. The Company will file the appeal before the Tribunal in due course.MoreLess
• Tax disputeAssistant Commissioner of Central Tax, Audit Circle-1, BengaluruSince 5 May 2026
  The Company received a Notice for the period April 2020 to March 2025 to conduct the GST Audit. The Company has submitted the preliminary information called for and is awaiting further requirements from the authorities.MoreLess
  At the filing before: Not applicable, as no disclosures relating to litigation or disputes were made in the previous reporting periods, since there were no reportable developments during the said periods.
• Tax disputeSuperintendent, Mumbai East CommissionerateSince 29 Apr 2026
  The Company received an audit enquiry notice for mismatch in input tax credit claimed in GSTR-3B and accrued as per GSTR-2A/2B for FY 2021-22 and FY 2023-24. The Company has submitted a response to the notice along with the reconciliation justifying no excess input tax credit availed.MoreLess
  At the filing before: Not applicable, as no disclosures relating to litigation or disputes were made in the previous reporting periods, since there were no reportable developments during the said periods.
• Tax disputeAssistant Commissioner, Alandur, Chennai South, Tamil NaduSince 18 May 2026
  The Company received ASMT-10 for intimating the discrepancies w.r.t input tax credit, i.e. excess claim of credit, ineligible input tax credit availed. The Company has submitted the response along with necessary reconciliations with the authorities. The Company is awaiting order/ further response from the authorities.MoreLess
  At the filing before: Not applicable, as no disclosures relating to litigation or disputes were made in the previous reporting periods, since there were no reportable developments during the said periods.

In the company's own words, from its latest governance filing.

The board is made up as the listing rules require

Yes

The board has a regular chairperson

Yes

The company has a risk management committee

Yes

The chair is related to the managing director

Yes

The filing has a part on fines and penalties

No

The filing has a part on tax disputes

Yes

There was a cyber security incident in the quarter

No

The company's own answers in its filing.