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WeWork India gets Sebi nod for Dalal-Street debut

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WeWork India has received SEBI approval for its IPO, which involves the sale of up to 43.7 million shares. Existing shareholders will receive all proceeds, as the listing does not include a fresh issue of shares. Embassy Buildcon, the promoter, plans to sell 33.4 million shares, while 1 Ariel Way Tenant, linked to the global WeWork group, will offload 10.

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