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WeWork India Approves Alteration of Articles of Association via Special Resolution
WeWork India Management Limited
January 9, 2026, 11:41 AM
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WeWork India Management Limited announced that its members have approved the alteration of the company's Articles of Association.
This approval was granted through a Special Resolution passed via Postal Ballot on January 8, 2026. The alteration involves amending Article 130 and inserting a new Article 130A.
The amended Article 130 allows for nomination of directors by financial institutions or authorities providing loans or financial assistance. The new Article 130A specifically grants 1 Ariel Way Tenant Limited (GlobalCo), for as long as it holds at least 10% of the company's paid-up equity share capital, the right to nominate one Non-Executive Director to the Board. GlobalCo also has the right to remove and replace this nominee director. This right ceases automatically if GlobalCo's shareholding falls below the 10% threshold.
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