Smartworks Coworking Spaces Ltd

Smartworks Coworking Spaces Limited submitted a certificate to the National Stock Exchange of India Limited and BSE Limited for the quarter ended September 30, 2026, as received from Registrar to an issue and share Transfer Agent MUFG Intime India Private Limited, pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Smartworks Coworking Spaces Limited will hold a board meeting on October 30, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, along with the limited review reports thereon. Trading in the company's securities will be closed and will reopen 48 hours after the announcement of the results, as per SEBI regulations.

Smartworks Coworking Spaces Limited announced that its members approved the appointment of Mr. Dilip Deshmukh as a Non-Executive Independent Director for a term of 5 consecutive years, effective September 22, 2026, and the change in designation of Mr. Rajeev Krishnamuralilal Agarwal from Additional Non-Executive Independent Director to Non-Executive Independent Director, also for a 5-year term effective June 25, 2026.

Smartworks Coworking Spaces Limited informed the National Stock Exchange of India Limited and BSE Limited that it will close its trading window for securities dealings from October 1, 2026, and will reopen it 48 hours after the declaration of the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.

Smartworks Coworking Spaces Limited announced that its board approved the appointment of Dilip Deshmukh and Rajeev Krishnamuralilal Agarwal as Non-Executive Independent Directors for a term of five consecutive years, subject to shareholder approval. The board also approved a scheme to reduce the company’s share capital by utilizing Rs 385.62 crore from its Securities Premium Account to offset accumulated losses, a move that will not affect the face value or number of shares held by shareholders.

Smartworks Coworking Spaces Limited announced that its board approved the appointment of Dilip Deshmukh and Rajeev Krishnamuralilal Agarwal as Non-Executive Independent Directors for a term of five consecutive years, subject to shareholder approval. The board also approved a scheme to reduce the company’s Securities Premium Account by Rs 3,85,61,76,525 to eliminate accumulated losses, a move that will not affect the issued, subscribed, or paid-up share capital or the percentage shareholding of existing shareholders.

Smartworks Coworking Spaces Limited announced that its board approved the appointment of Dilip Deshmukh and Rajeev Krishnamuralilal Agarwal as Non-Executive Independent Directors for a term of five consecutive years, subject to shareholder approval. The board also approved a scheme to reduce the company’s share capital by utilizing Rs 385.62 crore from its Securities Premium Account to offset accumulated losses, a move that will not affect the face value or number of shares held by shareholders.

Smartworks Coworking Spaces Limited announced the allotment of 1,19,000 equity shares following the exercise of stock options under its Employee Stock Option Plan 2022, according to a regulatory filing on Monday. The allotment increases the company’s issued and paid-up equity share capital to Rs 1,14,38,10,760, divided into 11,43,81,076 equity shares. The company had previously received in-principle approval for these shares from the National Stock Exchange of India Limited and BSE Limited in August 2025.

Net profit of Smartworks Coworking Spaces reported to Rs 13.15 crore in the quarter ended June 2026 as against net loss of Rs 4.20 crore during the previous quarter ended June 2025. Sales rose 44.05% to Rs 546.25 crore in the quarter ended June 2026 as against Rs 379.21 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales546.25379.21 44 OPM %63.3363.56 - PBDT263.28168.34 56 PBT17.57-5.57 LP NP13.15-4.20 LP Powered by Capital Market - Live

Smartworks Coworking Spaces (Smartworks) has expanded its engagement with L&T Technology Services (LTTS) through the addition of over 1,100 seats in Pune. With this expansion, LTTS's managed office portfolio with Smartworks has grown to over 2,750 seats across cities, reflecting the continued growth of a long-standing, multi-city enterprise engagement. The combined expected rental revenue from these locations is estimated at Rs 115 crore, which includes the Pune expansion of Rs 55 crore for a tenure of 60 months.