WEWORKBSEWeWork India Management LtdMediumNeutral
Announced Fri, 28 Nov · 11:08 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HDFC Mutual Fund

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

WEWORK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HDFC Mutual Fund (through various schemes) acquired 10,00,000 equity shares (0.746%) of WeWork India Management Ltd via open market on November 25, 2025. This takes HDFC MF's aggregate holding in the company from 4.737% (63,49,103 shares) to 5.483% (73,49,103 shares), crossing the 5% disclosure threshold under SEBI Takeover Regulations. The acquirer is not part of the promoter/promoter group. Total equity share capital of WeWork India remains unchanged at 13,40,23,259 shares of Rs. 10 each (Rs. 134.02 crore). The disclosure was filed by HDFC Asset Management Company on behalf of HDFC Mutual Fund.

Likely market impact

A reputed institutional investor like HDFC MF increasing its stake and crossing 5% is a positive signal of institutional confidence in the stock. However, the incremental purchase is small (under 1%), so price impact is likely limited.