NSEGeneral Updates1d ago · 14 Oct 2026, 10:45 pm
General Updates
Smartworks Coworking Spaces Limited · SMARTWORKS
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Smartworks Coworking Spaces Limited has informed the Exchange about General Updates - Intimation regarding e-filing of application in Form RSC-1 with the Hon'ble National Company Law Tribunal for Reduction of Share Capital (Securities Premium Account) of the Company.
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Smartworks Coworking Spaces Limited has informed the Exchange about General Updates - Intimation regarding e-filing of application in Form RSC-1 with the Hon ble National Company Law Tribunal for Reduction of Share Capital (Securities Premium Account) of the Company
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SMARTWORKS_14102026222701_Intimation__NCLT_filing_14102026.pdf
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Date: 14th October 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 Complex Corporate Relationship Department
Bandra [E], Mumbai – 400051 Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai - 400 001
NSE Scrip Symbol: SMARTWORKS BSE Scrip Code: 544447
ISIN: INE0NAZ01010 ISIN: INE0NAZ01010
Subject: Intimation regarding e-filing of application in Form RSC-1 with the Hon’ble National Company Law
Tribunal for Reduction of Share Capital (Securities Premium Account) of the Company
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI LODR Regulations”), and in continuation of our intimation dated
August 24, 2026, September 24, 2026 and October 14, 2026, for the proposed reduction of the Securities Premium
Account of the Company (“Proposed Reduction”), we wish to inform you that the Company has, today i.e.
October 14, 2026, e-filed an application in Form RSC-1 with the Hon’ble National Company Law Tribunal, New
Delhi Bench, seeking sanction of the Proposed Reduction of Share Capital pursuant to Section 66 read with
Section 52 of the Companies Act, 2013 and the National Company Law Tribunal (Procedure for Reduction of
Share Capital of Company) Rules, 2016.
The Proposed Reduction involves utilisation of INR 3,85,61,76,525 out of the balance of INR 7,98,22,14,923
standing to the credit of the Securities Premium Account of the Company, to fully set off the Accumulated Losses
of the Company amounting to INR 3,85,61,76,525 as on March 31, 2026, thereby eliminating such losses from
its books of account and presenting a true and fair view of its financial position and rationalise its Balance Sheet.
The said information is also available on the website of the Company at
https://www.smartworksoffice.com/investors/.
This is for information and records.
For Smartworks Coworking Spaces Limited
Punam Dargar
Company Secretary & Compliance Officer
Mem. No.: A56987
Address: Unit No. 305-310, Plot No 9, 10 & 11 Vardhman Trade Centre
Nehru Place, South Delhi-110019
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