Smartworks Coworking Spaces (SMARTWORKS) — Announcement

📢 Key Event
Company announces capacity addition in Jaipur

🔄 What Changed
Operational capacity increased by ~247,000 sq. ft.

🔮 What's Next
Completion by July 2026

💡 Investor Takeaway
The expansion boosts growth potential but requires significant capital allocation.

Smartworks Coworking Spaces Limited disclosed on July 17, 2026, that it has added approximately 247,000 square feet of capacity in Jaipur, increasing its total operational footprint to support business growth. The expansion, requiring an estimated investment of ₹35 crores, will be funded through internal accruals and is expected to be completed by July 2026. This move addresses rising demand in its existing markets and strengthens its position in the coworking sector.

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About Smartworks Coworking Spaces Limited (SMARTWORKS)

Services · Commercial Services & Supplies · Listed on NSE

Market Cap: ₹4,997.82 Cr P/E: 474.7

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

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