Allotment of Equity Shares pursuant to exercise of Employee Stock Options
WEWORK · price
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WeWork India Management Limited has allotted 13,87,228 fully paid-up equity shares (face value ₹10 each) to eligible employees who exercised their vested stock options. Of these, 13,77,642 shares were allotted under the 2018 Equity Incentive Plan and 9,586 shares under the 2021 Equity Incentive Plan. The company received a total exercise consideration of ₹7.52 crore, with exercise prices ranging from ₹10 to ₹232.86 per share depending on the grant. Following this allotment, the company's paid-up equity share capital increased to ₹138.58 crore comprising 13,85,81,180 equity shares. The diluted earnings per share stands at ₹5.23 based on standalone financial results for the year ended March 31, 2026.
This is a routine corporate action related to employee stock option exercises. The new shares will rank pari passu with existing shares. Shareholders may see minor dilution as the total share count increases by about 1%.