New Delhi, Aug. 8 -- Sterling & Wilson Renewable Energy Ltd (S&W) has accused Embassy Office Parks REIT and WeWork India of failing to disclose material information to investors, in separate complaints filed with the Securities and Exchange Board of India (Sebi), according to documents reviewed by Mint.

The allegations made on 22 July stem from a Rs.100 crore payment dispute over a solar project involving Embassy Energy Pvt Ltd (EEPL), a unit of Embassy REIT. A complaint had led to a chargesheet filed by the Economic Offences Wing in 2023 against Embassy Group promoters Jitendra and his son Karan Virwani, who also lead WeWork India. S&W now alleges that WeWork India did not disclose this development in the draft red herring prospectus of...