WeWork India Management Limited has submitted the Exchange a copy Scrutinizer's report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
WEWORK · price
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WeWork India Management Limited announced the results of a postal ballot (e-voting held from December 10, 2025 to January 8, 2026) covering three special resolutions, all of which were passed. Resolution 1 (ratification and amendment of the 2018 Equity Incentive Plan) was approved with 81.97% of votes in favour (10.17 crore votes for, 2.24 crore against). Resolution 2 (ratification and amendment of the 2021 Equity Incentive Plan) was approved with 82.89% in favour (10.28 crore for, 2.12 crore against). Resolution 3 (alteration of the Articles of Association) passed overwhelmingly with 99.999% in favour (12.40 crore for, just 1,108 against). Promoters backed all three resolutions 100%, while institutional public shareholders voted against both ESOP plan amendments (around 58-62% against).
Both ESOP plans have been ratified and amended, enabling the company to continue issuing stock-based incentives to employees, though the notable dissent from institutional public investors (~18% against on both ESOP resolutions) reflects some shareholder concern about potential dilution or plan terms. The Articles of Association changes give the company more flexibility on governance matters going forward.