WeWork India Management Limited entered into a Sub-Lease Deed for 1,45,114 square feet in Hyderabad, significantly increasing its operational capacity.
Capacity Expansion Breakdown
Current operational metrics show 1,21,638 desks at 83.90% utilization. The new space will add approximately 2,100 desks, with operations targeted tentatively on or before July 2026.
Investment and Financing
The expansion requires approximately ₹32 crore, funded through internal accruals or debt.
Strategic Objectives
This capacity addition addresses rising demand while enhancing WeWork India's operational scale to support sustained business growth in key markets.
Shares of WeWork India Management Limited was last trading in BSE at Rs. 535.70 as compared to the previous close of Rs. 515.05. The total number of shares traded during the day was 11667 in over 739 trades.
The stock hit an intraday high of Rs. 546.60 and intraday low of 500.50. The net turnover during the day was Rs. 6113295.00.