Outcome of Board Meeting

Date: October 30, 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: Outcome of Board Meeting held on October 30, 2026 pursuant to Reg 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III and other applicable provisions of the Listing Regulations, we would like to inform you that the Board of Directors of the Company, at its meeting held today, i.e., October 30, 2026, has inter-alia (enclosed herewith): 1. Considered and approved the Unaudited (Standalone and Consolidated Financial Results) of the Company for the quarter and half year ended September 30, 2026 along with the Limited Review Report, as recommended by Audit Committee in its meeting held on 29th October 2026. The said Financial Results along with Limited Review Report were duly reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company, at their respective meetings held on 29th October 2026 and today i.e. 30th October 2026 respectively. The meeting of the Board of Directors commenced at 09:00 AM (IST) and concluded at 10:35 AM (IST). The above intimations are also available on the website of the Company at 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: Unit No. 305-310, Plot No 9, 10 & 11 Vardhman Trade Centre Nehru Place, South Delhi, Delhi, Delhi, India, 110019 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 Deloitte Chartered Accountants 7th Floor Building 1O Haskins & Sells LLP Tower B DLF Cyber City Complex DLF City Phase II Gurugram-122 002 Haryana, India Tel: +91 124 679 2000 Fax: +91 124 679 2012 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF SMARTWORKS COWORKING SPACES LIMITED (FORMERLY KNOWN AS SMARTWORKS COWORKING SPACES PRIVATE LIMITED) 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of SMARTWORKS COWORKING SPACES LIMITED ("the Company"), for the quarter and six months ended September 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117366W/W100018) Nilesh H. Lahoti Partner Place: Gurugram (Membership No. 130054) Date: October 30, 2026 UDIN: 26130054MYKGYR1134 Page 1 of 1 Regd. Office: One International Center, Tower 3, 31st floor, Senapati Bapat Marg, Elphinstone Road {West), Mumbai-400 013, Maharashtra. India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 SMARTWORKS Smartworks Coworklng Spaces Limited (Formerly known as Smartworks Coworklng Spaces Private Limited) CIN:L74900DL2015PLC310656 Registered Office: Unit No. 305-310, Plot No. 9, 10 & 11, Vardhman Trade Centre, Nehru Place, New Delhi -110019 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026 (Rs in millions: excent for earninas ner share information) Quarter ended Six months ended Year ended September June 30, September September September March 31, Particulars 30, 2026 2026 30, 2025 30,2026 30, 2025 2026 (Unaudited} {Unaudited} (Unaudited} (Unaudited} (Unaudited} (Audited) 1 Income Revenue from operations 5,727.89 5,277.13 4,136.09 11,005.02 7,783.94 17.460.11 Other income 143.08 137.21 166.60 280.29 257.97 551.94 Total income 5,870.97 5,414.34 4,302.69 11,285.31 8,041.91 18,012.05 2 Expenses Operating expenses 1,691.49 1,528.05 1,207.92 3,219.54 2,229.32 4,914.68 Purchases of stock-in-trade 3.91 28.22 - 32.13 - 37.29 Employee benefits expense 253.55 244.64 213.93 498.19 423.99 880.04 Finance costs 950.70 944.78 914.78 1,895.48 1,715.79 3,608.05 Depreciation and amortisation expense 2,467.44 2,388.42 1,917.85 4,855.86 3,598.04 8,042.57 Other expenses 131.54 142..91 98.94 2.74.45 185.66 435.70 Total expenses 5,498.63 5,277.02 4,353.42 10,775.65 8,152.80 17,918.33 3 Profit/(loss) before tax (1-2) 372.34 137.32 (50.73) 509.66 (110.89) 93.72 4 Tax expense/ (credit) Current tax 21.54 115.77 137 .31 - 86.37 Deferred tax 72.18 {81.21} {12..77) (9.03) (27.91) (62.78) Total tax expense/ (credit) 93.72 34.56 (12.77) 128.28 (27.91) 23.59 5 Proflt/(loss) for the period/ year (3-4} 278.62 102.76 (37.96' 381.38 (82.98) 70.13 6 Other comprehensive income Items that will not be reclassified to profit or loss: - Re-measurement loss on defined benefit plans (0.10) (1.87) (1.87) (1.97) (1.92.) (1.98) - Income tax related to above item 0.03 0.47 0.47 0.50 0.48 0.50 Total other comprehensive loss for the period/year (0.07} (1.40) (1.40) (1.47) (1.44) (1.48) (net of tax) 7 Total comprehensive lm::ome/(loss} for the 278.55 101.36 (39.36} 379.91 (84.42} 68.65 period/year (5+6} 8 Paid up equity sh11re capital (Face value : Rs. 10 each) 1,143.82 1,142.63 1,142.55 1,143.82 1,142.55 1,142.63 9 Other equity 4,154.19 10 Earnings/(Loss} per share" (Face value: [Showing first 8,000 characters — download PDF for full document]