Smartworks Coworking Spaces (SMARTWORKS) — Announcement

📢 Key Event
Smartworks secures 60-month lease for 930+ seats in Pune

🔄 What Changed
INR 102 Cr rental commitment; 1,730 total seats

💡 Investor Takeaway
The lease confirms enterprise demand and adds ~INR 102 Cr in committed revenue, supporting growth outlook.

Smartworks Coworking Spaces Limited announced that its Indian subsidiary signed a 60-month lease with a UK-headquartered professional services firm, leasing over 930 seats in Pune. The deal adds to an existing agreement, bringing the client's total seat count to over 1,730 and generating an estimated INR 102 Cr in combined rental commitments, with ~INR 58 Cr from the new lease alone. This expansion underscores growing enterprise demand for managed office solutions and validates Smartworks' scalable campus model across India and Singapore.

📄 View Original Announcement (PDF)

📊 Stock Analysis — SMARTWORKS ✨ Ask AI About This

About Smartworks Coworking Spaces Limited (SMARTWORKS)

Services · Commercial Services & Supplies · Listed on NSE

Market Cap: ₹4,997.82 Cr P/E: 474.7

View full SMARTWORKS stock details →

📡 Get AI alerts when SMARTWORKS files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track SMARTWORKS — Free

💡 Ask AI about this filing

"How does this lease affect Smartworks' FY27 revenue guidance?" "What is the expected EBITDA margin impact from this new engagement?" "How does this client compare to other top enterprise tenants in size and tenure?"

Ask AI Free →

📊 More SMARTWORKS filings

See all SMARTWORKS filings →

🔥 Also filed on 13 July 2026

RAMASTEEL Rama Steel Tubes Limited Announcement ANDHRAPAP ANDHRA PAPER LIMITED Corporate Action JUBLINGREA Jubilant Ingrevia Limited Financial Results POCL Pondy Oxides & Chemicals Limited Corporate Action MIRZAINT Mirza International Limited Insider Trading CAPITALSFB Capital Small Finance Bank Limited Financial Results

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when SMARTWORKS files new disclosures

Track SMARTWORKS filings, board meetings, and corporate actions. Free email alerts at 5 PM.