Smartworks Coworking Spaces Management Change
Smartworks Coworking Spaces appointed Dilip Deshmukh as Independent Director at its 11th AGM. Rajeev Agarwal's designation was upgraded from Additional to Non-Executive Independent Director.
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Smartworks Coworking Spaces appointed Dilip Deshmukh as Independent Director at its 11th AGM. Rajeev Agarwal's designation was upgraded from Additional to Non-Executive Independent Director.
Smartworks Coworking Spaces Limited held its 11th Annual General Meeting on September 22, 2026. The meeting covered financial adoption, director appointments, and other business items.
Smartworks Coworking Spaces Limited filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This is a mandatory periodic regulatory disclosure.
Smartworks Coworking Spaces Limited has scheduled its 11th Annual General Meeting for September 22, 2026. The notice includes appointments of directors and approval for consultancy fees.
Smartworks Coworking Spaces will use its Securities Premium Account to write off accumulated losses of ₹385.62 Crore. This NCLT-sanctioned restructuring involves no capital reduction or cash outflow.
Smartworks Coworking Spaces Limited announced the recommendation to appoint Mr. Dilip Deshmukh and Mr. Rajeev Krishnamuralilal Agarwal as Non-Executive Independent Directors.
The Board approved the appointment of two Independent Directors and a scheme for reduction of share capital by setting off accumulated losses against securities premium.
Smartworks announced ~INR 235 Crore in incremental contracted rental revenue from expansion mandates. This growth reflects continued demand for its managed office platform from enterprise clients.
Smartworks Coworking Spaces is adding 176,285 sq. ft. of capacity by August 2026, requiring a ₹28 Crore investment to support business growth.
Smartworks Coworking Spaces Limited is expanding its operational footprint by adding ~176,285 Sq. Ft. of space in Pune. This capacity addition supports the company's business growth.
Smartworks Coworking Spaces Limited has allotted equity shares under an ESOP/ESPS scheme. This allotment increases the company's paid-up share capital.
Smartworks Coworking Spaces allotted 1,19,000 equity shares following the exercise of options under its Employee Stock Option Plan 2022. This issuance increases the company's paid-up equity base.
Smartworks is expanding its Delhi NCR footprint with a new 1.41 lakh sq. ft. managed office center in Aerocity. This addition strengthens its regional operational capacity.
Smartworks Coworking has added 1.41 lakh sq. ft. of capacity in Aerocity, Delhi NCR. The expansion involves an investment of approximately ₹25 Crore.
Smartworks Q1 FY27 revenue grew 44% YoY to INR 546 Cr with EBITDA margins expanding to 19.6%. Strategy focuses on scaling large-format managed campuses and GCC client acquisition.
Smartworks Q1FY27 shows strong scale with INR 5,462 Mn revenue (+44% YoY) and 19.6% EBITDA margin. Focus on enterprise clients and large-format campuses drives cash-compounding growth.
Smartworks reported revenue of ₹546 Crore for the quarter ended June 30, 2026, marking a 44% year-on-year increase. Normalised PAT grew to ₹39 Crore.
Smartworks Coworking Spaces Ltd reported revenue from operations of ₹546.2 Cr (+44.0% YoY) and net profit of ₹13.1 Cr for Q1 FY27.
Smartworks Coworking Spaces Ltd has filed its quarterly shareholding pattern for the period ended June 30, 2026, detailing stake distribution among promoters and the public.
Smartworks expanded its engagement with L&T Technology Services by adding over 1,100 seats in Pune. The expansion contributes an estimated ₹55 Crore in rental revenue.
Smartworks Coworking Spaces is adding 2,47,000 Sq. Ft of capacity in Jaipur. The expansion involves a Rs 35 Crore investment funded via internal accruals and proceeds.
Smartworks secured a Rs 58 Crore managed office contract in Pune from a UK-based firm. The 60-month lease involves over 930 seats, expanding the relationship.
Smartworks Coworking Spaces will hold a board meeting on July 22, 2026. The board will consider unaudited financial results for the quarter ended June 2026.