NSECapacity addition25 Jun 2026 · 25 Jun 2026, 06:27 pm
Capacity addition
Smartworks Coworking Spaces Limited · SMARTWORKS
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Smartworks Coworking Spaces Limited has informed the Exchange about disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Capacity Addition. The company has proposed capacity addition through its subsidiary's acquisition of WorkStudio Spaces Pte. Ltd. in Singapore, subject to requisite approvals. The proposed capacity addition is expected to be completed by July 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Smartworks Coworking Spaces Limited has informed the Exchange about disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Capacity Addition
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Date: 25th June, 2026
To, To,
National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”)
Listing Department Listing Department
Exchange Plaza, C-1 Block G, Bandra Kurla Corporate Relationship Department
C omplex Bandra [E], Mumbai – 400051 Phiroze Jeejeebhoy Towers,
D alal Street, Fort, Mumbai - 400 001
NSE Scrip Symbol: SMARTWORKS BSE Scrip Code: 544447
ISIN: INE0NAZ01010 ISIN: INE0NAZ01010
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015-Capacity Addition
Dear Sir/Ma’am,
In compliance with Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 it is hereby informed regarding proposed capacity addition
pursuant to the approval of the Audit Committee of the Company for the proposed acquisition of WorkStudio
Spaces Pte. Ltd., Singapore ("WorkStudio") by Smartworks Space Pte. Ltd., a wholly owned subsidiary of the
Company (“Subsidiary”), subject to the requisite approval(s). Further the Board of Directors of the Company at
its meeting held on 25th June, 2026, took note of the same.
The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in the Annexure-A.
The above information will also be hosted on the website of the Company i.e.
https://www.smartworksoffice.com/investors/.
We request you to kindly take this on your record and oblige.
Thank You.
For Smartworks Coworking Spaces Limited
Punam Dargar
Company Secretary & Compliance Officer
Mem. No.: A56987
Address: DLF Commercial Building, Block - 3, Zone-6,
DLF Phase – 5, Gurugram, Haryana-122002
Encl.: As above
Smartworks Coworking Spaces Limited
(Formerly known as Smartworks Coworking Spaces Private Limited)
Regd. Office: Unit No. 305 – 310, Plot No. 9,10, & 11, Vardhman Trade Centre, Nehru Place, South Delhi – 110 019.
Corporate Office: DLF Commercial Building, Block - 3, Zone-6, DLF Phase – 5, Gurugram, Haryana-122002
Phone No: 0124-6919 400
CIN: L74900DL2015PLC310656
Annexure-A
Details pertaining to Capacity Addition:
S. No Particulars Details
1. Existing capacity* 13.7 Million Sq. Ft. (Leased Capacity**)
10.1 Million Sq. Ft (Operational Capacity)
2. Existing capacity utilization* 82% (Operational Capacity)
3. Proposed capacity addition ~26,000 Sq Ft. through its Subsidiary(ies).
4. Period within which the proposed This proposed capacity is expected to be completed by July 2026,
capacity is to be added subject to requisite approval(s) and further completion of
execution of concerned transaction documents of proposed
acquisition by Subsidiary of the Company.
5. Investment required N.A.
Since this proposed capacity addition is to be done by the
Smartworks Space Pte. Ltd. (Wholly-Owned Subsidiary of the
Company) through an acquisition of WorkStudio Spaces Pte. Ltd.,
Therefore, no investment is made by the Company.
6. Mode of financing N.A.
Since this proposed capacity addition is to be done by the
Smartworks Space Pte. Ltd. (Wholly-Owned Subsidiary of the
Company) through an acquisition of WorkStudio Spaces Pte. Ltd.,
Therefore, no investment is made by the Company.
7. Rationale The acquisition aims to strengthen Smartworks’ presence in
Singapore by expanding its coworking and flex space portfolio in
a key international business hub.
Upon completion, Smartworks’ portfolio in Singapore will grow to
four centres with ~76,000 sq. ft., more than doubling its footprint
over the past two years. This expansion will enhance its market
presence, improve its ability to serve enterprise clients, and support
long-term growth in Asia.
* Figures as at 31st March, 2026.
**Includes Operational + Fitout + Yet to be handover
Smartworks Coworking Spaces Limited
(Formerly known as Smartworks Coworking Spaces Private Limited)
Regd. Office: Unit No. 305 – 310, Plot No. 9,10, & 11, Vardhman Trade Centre, Nehru Place, South Delhi – 110 019.
Corporate Office: DLF Commercial Building, Block - 3, Zone-6, DLF Phase – 5, Gurugram, Haryana-122002
Phone No: 0124-6919 400
CIN: L74900DL2015PLC310656