Wework India Management (WEWORK) — Board Meeting

📢 Key Event
Board approved in-principle 10 MWp captive solar plant in Karnataka

🔄 What Changed
Added renewable generation target and 15-16 million units annual output

🔮 What's Next
Commissioning by Q1 2027, 100% renewable electricity goal by March 2028

💡 Investor Takeaway
The project will lower long-term energy costs and increase renewable electricity share from ~40% to ~50%.

The board of WeWork India Management Ltd approved in-principle a 10 MWp captive solar power plant in Karnataka to cut electricity costs, boost renewable use, and support sustainability goals, with commissioning targeted for FY27 and full operation by March 2028.

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About Wework India Management Ltd (WEWORK)

Services · Co-Working · Listed on BSE

Market Cap: ₹9,286.24 Cr P/E: 106.5 ROE: 42.6% ROCE: 138.1%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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