WeWork India Management Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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WEWORK · price

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Price reactionminutes from the announcement price · days from the prior close

-6.0%Reaction day

₹485.00

prior close

₹481.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+4.6%-10.6% vs market

Diversified Commercial Services peers, median of 72sector+4.9%-10.9% vs sector

On the reaction day the stock moved 10.6 pts less than Nifty Microcap 250 and 10.9 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.5

10m

-1.7

15m

-2.2

30m

-3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.0+4.6-10.6+4.9-10.9

Next day

-7.2+5.3-12.5+5.1-12.3

-9.3+6.4-15.7+7.4-16.7

-7.0+6.8-13.8+8.1-15.1

-2.6+11.3-13.8+12.3-14.9

-1.4+11.2-12.6+12.0-13.4

-1.7+13.5-15.2+14.7-16.4

15d

+10.7+19.3-8.6+20.6-9.9

+14.1+23.3-9.2+25.5-11.3

+25.8+23.8+2.0+19.0+6.8

+48.8+33.3+15.5+17.5+31.2

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

WeWork India has received an order dated March 27, 2026 from the CGST Gurugram Commissionerate covering the period April 2019 to March 2023. The tax authority has alleged excess availment and utilization of Input Tax Credit (ITC) compared to what was available in GSTR-2A/2B, along with certain ineligible ITC claims. The order raises a total tax demand of approximately ₹13.44 crore (₹1.37 crore IGST + ₹6.03 crore CGST + ₹6.03 crore SGST) and an equal amount as penalty, putting the total potential exposure at around ₹26.87 crore. The company disagrees with the findings and plans to appeal before the Commissioner (Appeals) within the prescribed timeline. Management has stated it does not foresee any material impact on its financials, operations, or other activities at this stage.

Likely market impact

Investors should note the potential ₹26.87 crore financial exposure from this GST demand, though the company is contesting it through appeal. Near-term stock impact may be limited given the company's assurance of no material impact, but a negative outcome in the appeal could lead to a meaningful cash outflow relative to the demand size.