S&W

S&W Raises SEBI Alert: Alleged Non-Disclosures by Embassy REIT & IPO-Bound WeWork India0

• Industry News
• August 11, 2025

Sterling & Wilson Renewable Energy (S&W) has filed formal complaints with SEBI alleging that both Embassy Office Parks REIT and WeWork India failed to disclose a material, legally significant development—a ₹100 crore payment dispute connected to a solar project. Additionally, S&W has invoked SEBI’s “fit and proper person” norms, seeking removal of key promoters due to pending criminal prosecution. The Embassy Group has strongly denied the allegations.