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flag Supreme Court upholds WeWork India’s IPO, rejecting challenge over promoter disclosures.

flag The Supreme Court on March 16, 2026, dismissed a Special Leave Petition challenging WeWork India’s IPO, upholding a December 1, 2025, Bombay High Court decision. flag The petition, filed by Hemant Kulshreshta and Vinay Bansal, alleged inadequate disclosure of criminal proceedings involving promoters, but the court deferred to SEBI’s regulatory approval. flag The High Court had previously rejected the petitions, citing undisclosed material facts and lack of investor status, and imposed a ₹1 lakh cost on one petitioner. flag A separate post-IPO petition was withdrawn. flag WeWork India said the dismissal confirms the IPO’s regulatory compliance, noting it was oversubscribed and has maintained stable market performance.

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