Motilal Oswal Mutual Fund bought 573,001 shares of WeWork India Management Limited for ₹39.97 Cr at ₹697.55 apiece in a block deal.
A flexible workspace operator providing shared office solutions across India's major cities. The company offers customizable work environments for startups, entrepreneurs, and established businesses seeking cost-effective alternatives to traditional office spaces. WeWork India distinguishes itself through its focus on community-driven workspaces, modern amenities, flexible lease terms, and high-speed connectivity tailored to diverse business needs and professional requirements across multiple metropolitan locations.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.