NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company20h ago · 2 Oct 2026, 05:22 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Awfis Space Solutions Limited · AWFIS

✦ AI Summary▼ NegativeLitigation

Awfis Space Solutions Limited has been served with a final award in an arbitration proceeding, resulting in a liability of approximately INR 8.26 crore, with the company anticipating a net incremental cost impact of not more than INR 6.3 crore. The company is evaluating its available remedies to challenge the award.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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Full Announcement

Awfis Space Solutions Limited has informed the Exchange regarding Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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AWFIS2014_02102026171422_Intimation_Signed.pdf

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Date: October 02, 2026 To, To, National Stock Exchange of India Limited (“NSE”) BSE Limited (“BSE”) Listing Department Listing Department Exchange Plaza, C-1 Block G, Corporate Relationship Department Bandra Kurla Complex Bandra [E], Phiroze Jeejeebhoy Towers, Mumbai – 400051 Dalal Street, Fort, Mumbai – 400001 NSE Scrip Symbol: AWFIS BSE Scrip Code: 544181 ISIN: INE108V01019 ISIN: INE108V01019 Subject: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI LODR Regulations read with Para B of Part A of Schedule III and SEBI Master Circular dated January 30, 2026, this is to inform that the Company on October 01, 2026, had been served with the Final Award in respect of arbitration proceedings, as detailed out in Annexure A. The above information will also be available on the website of the Company at https://www.awfis.com/investor-relations/initial-public-offer/compnayAnnouncement. We request you to kindly take this on your record. Thanking You. For Awfis Space Solutions Limited Shweta Gupta Company Secretary and Compliance Officer M. No. F8573 Address: C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016 Corporate and Regd. Office Awfis Space Solutions Limited C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016 www.awfis.com | Email: info@awfis.com | Phone: 011-41103497 CIN: L74999DL2014PLC274236 Annexure A Disclosure of information pursuant to Regulation 30 read with Schedule III of the SEBI LODR Regulations and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 S.No. Particulars Disclosure of updates to ongoing tax litigation 1 Name of the opposing party, court/ Opposing Party: Ruby Infotech Private Limited tribunal/agency where litigation is filed (“Respondent”) Court/Tribunal/Agency: Before Justice S. Muralidhar (Retd.), Sole Arbitrator, The Delhi International Arbitration Centre (DIAC) 2 Brief details of litigation/ dispute The Company had taken the property on lease for its operational requirements. Due to certain infrastructural issues in addition to safety issues relating to the leased premises, the Company terminated the Lease Deed during the lock-in period, pursuant to which disputes arose between the parties. The disputes were referred to arbitration before the learned Sole Arbitrator. The Company on October 01, 2026, received the award dated September 30, 2026, passed by the sole arbitrator in favour of the Respondent and against the Company, determining an amount of INR ~ 8.26 crore, along with applicable interest and costs. 3 Expected financial implications, if any, The Arbitral Award involves an amount of due to compensation, penalty etc.; INR ~ 8.26 crore, along with applicable interest and costs. The Company had already written off fit-outs in its books and if the award is conclusively determined against the Company, the total net incremental cost impact on the Company is not anticipated to exceed INR 6.3 Crore (including applicable interest). The Company, in consultation with its legal counsel, is evaluating the available remedies to challenge the Award, including in view of certain discrepancies apparent on the face of the record, and will take necessary actions in accordance with applicable law. 4 Quantum of claims, if any The Arbitral Award has been passed in favour of the Respondent, awarding an amount of ~ INR 8.26 crores along with interest and costs. The Company had already written off fit-outs in its books and if the award is conclusively determined Corporate and Regd. Office Awfis Space Solutions Limited C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016 www.awfis.com | Email: info@awfis.com | Phone: 011-41103497 CIN: L74999DL2014PLC274236 against the Company, the total net incremental cost impact on the Company is not anticipated to exceed INR 6.3 Crore (including applicable interest). Corporate and Regd. Office Awfis Space Solutions Limited C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi – 110016 www.awfis.com | Email: info@awfis.com | Phone: 011-41103497 CIN: L74999DL2014PLC274236