Smartworks Coworking Spaces (SMARTWORKS) — Announcement

📢 Key Event
Smartworks announces ~1,41,124 sq ft capacity addition at Aerocity

🔄 What Changed
Added 1,41,124 sq ft capacity; utilization at 86% committed occupancy

🔮 What's Next
Completion by August/September 2026

Smartworks Coworking Spaces Limited disclosed on August 4, 2026, that it has added approximately 1,41,124 square feet of capacity at its Aerocity, Delhi NCR location, bringing total leased capacity to 14.5 million square feet. The expansion, requiring up to INR 25 crores and financed through internal accruals or external debt, aims to support business growth and is expected to be completed by September 2026. The move addresses rising demand in the coworking sector and strengthens the company's operational footprint in a competitive market.

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About Smartworks Coworking Spaces Limited (SMARTWORKS)

Services · Co-Working · Listed on NSE

Market Cap: ₹6,170.15 Cr P/E: 221.3 ROE: 25.8% ROCE: 82.6%

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

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