Smartworks Coworking Spaces (SMARTWORKS) — Announcement

📢 Key Event
Company announces capacity addition in Pune

🔄 What Changed
Added ~176,285 sq. ft capacity

🔮 What's Next
Within August 2026

Smartworks Coworking Spaces Limited disclosed on August 14, 2026, that it has added approximately 176,285 square feet of capacity in Pune, bringing total leased capacity to 14.5 million square feet and operational capacity to 10.4 million square feet. The expansion, requiring up to INR 28 crores, will be funded through internal accruals, issue proceeds, or external debt and is expected to be completed by August 2026 to support business growth and footprint expansion.

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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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🔥 Also filed on 14 August 2026

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

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