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WeWork Global offloads 2.52% stake in WeWork India; Motilal Oswal, Citigroup, ICICI Prudential AMC among buyers

Snapshot AI

  • 1 Ariel Way Tenant sells 35 lakh shares in WeWork India for Rs 244.14 crore
  • Motilal Oswal AMC, Citigroup, ICICI Prudential AMC, HDFC Life were buyers in WeWork India shares sold by WeWork Global
  • Rahul Pradeep Rathi, and his father sell 1.84% stake in Sudarshan Chemical

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A UK-based affiliate of WeWork Global has sold a 2.52 percent stake in WeWork India Management through open market transactions on August 14, in a deal worth Rs 244.14 crore.

1 Ariel Way Tenant Limited, which held a 14.82 percent stake in WeWork India as of June 2026, sold 35 lakh shares at Rs 697.55 apiece, according to exchange data.

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WeWork India shares fell 1.53 percent to Rs 708.5 on the National Stock Exchange following the stake sale.

The shares were bought by four investors, including Motilal Oswal Asset Management Company, Citigroup Global Markets Mauritius, HDFC Standard Life Insurance and ICICI Prudential Mutual Fund.

Motilal Oswal Asset Management Company PMS and Motilal Oswal Mutual Fund bought 13.6 lakh shares, representing a 0.98 percent stake, for Rs 94.9 crore.

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Citigroup Global Markets Mauritius and HDFC Standard Life Insurance each acquired 3.59 lakh shares for Rs 25.04 crore. ICICI Prudential Mutual Fund bought 14.21 lakh shares for Rs 99.18 crore.

Separate bulk deals

Elsewhere, Rahul Pradeep Rathi and his father Pradeep Ramwilas Rathi sold a combined 1.84 percent stake in Sudarshan Chemical Industries for Rs 148.22 crore.

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Rahul Rathi sold 5.26 lakh shares at Rs 1,030.43 apiece, while Pradeep Rathi offloaded 9.26 lakh shares at Rs 1,015.43 per share. As of June 2026, they held 2.49 percent and 3 percent stakes, respectively.

Mirae Asset Mutual Fund acquired 9.3 lakh shares in Rolex Rings at Rs 178.59 apiece, in a transaction valued at Rs 16.61 crore.

Stellar Wealth Partners India Fund I LP purchased 1.4 lakh shares in OBSC Perfection for Rs 12.36 crore at Rs 883.3 per share.

Meanwhile, Unicorn Fund acquired 2.08 lakh shares, or a 2.3 percent stake, in Solvex Edibles from Dhirajbhai Vaghjibhai Koradiya for Rs 36.4 lakh at Rs 17.5 per share.

Koradiya held a 2.7 percent stake in the refined edible oils producer as of March 2026.



Source: www.moneycontrol.com

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