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Supreme Court upholds WeWork India’s IPO, rejecting challenge over promoter disclosures.
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.
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.
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.
A separate post-IPO petition was withdrawn.
WeWork India said the dismissal confirms the IPO’s regulatory compliance, noting it was oversubscribed and has maintained stable market performance.
La Corte Suprema mantiene la OPI de WeWork India, rechazando el desafío sobre las divulgaciones de los promotores.