New Delhi, Oct. 8 -- WeWork India's Rs.3,000-crore IPO listing, scheduled for 10 October 2025, may be delayed as the Bombay High Court on Tuesday reserved its order on a petition challenging the adequacy of disclosures in the red herring prospectus (DRHP) filed by the company.
The petition, filed by a Jaipur-based retail investor Vinay Bansal has flagged concerns about the governance standards and transparency in the company's IPO process.
During the hearing, the petitioners argued that there can be no exception to the rule requiring full and proper disclosure of all serious criminal proceedings pending against the company's promoters and key managerial personnel. Failure to disclose such material information compromises investor protec...
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