Awfis Space Solutions Ltd has appointed Abhishek Poddar as a Non-Executive Independent Director for a term of five years, effective July 1, 2026. The appointment, subject to shareholder approval, aims to strengthen the company's governance structure with Poddar's extensive experience in finance and general management. The Board of Directors approved the appointment by circulation on June 29, 2026, based on the recommendation of the Nomination and Remuneration Committee.

The appointment is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Poddar's tenure will conclude on June 30, 2031, pending ratification by the company's shareholders. The disclosure was submitted to both the National Stock Exchange of India Limited (NSE) and BSE Limited, with the company's ISIN listed as INE108V01019.

Abhishek Poddar, aged about 59 years, is an industrialist and philanthropist currently serving as the Managing Director of M B Group. His business interests span manufacturing, trading of tea, and production of industrial explosives. He is also the Founder-Trustee of the Museum of Art & Photography (MAP), a Bengaluru-based institution. Poddar studied at The Doon School and graduated in Commerce from St Xaviers – Calcutta University.

The company confirmed that Poddar is not related to any existing director on the Board. Furthermore, he is not debarred from holding the position of director by any order from SEBI or other regulatory authorities. The detailed statement regarding the appointment is enclosed as Annexure-A to the regulatory filing.

Appointment Details

Awfis Space Solutions has submitted an investor presentation titled "Awfis Premiumisation Journey – Prestige Tech Park, Bengaluru" to the National Stock Exchange of India Limited and BSE Limited, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, dated June 26, 2026, details the company's strategic approach to premium workspace delivery, its multi-format portfolio, and its positioning within India's rapidly growing Global Capability Centre (GCC) ecosystem.

Portfolio Architecture: A Tiered Workspace Ladder

The presentation outlines a structured, multi-format portfolio designed to serve clients across every segment of workspace demand — from collaborative flex to fully bespoke managed offices. The company describes its offering as "a ladder, not a product," enabling clients to enter at any tier and move upward as their requirements evolve.

The Elite tier is described as the integrated top of the ladder, combining premium flex, managed office, and bespoke build within a hospitality-led experience. As of the presentation, Elite centres collectively account for 117K+ sq. ft. occupied and carry WELL Portfolio Certification.

Bengaluru Network and Micromarket Clustering

Awfis maintains a significant presence across Bengaluru's key micromarkets, with centres distributed across the CBD, PBD, ORR, North, South, and SBD zones. The presentation highlights the strategic advantage of clustering multiple formats within a single micromarket, citing shared infrastructure as a driver of lower operating expenditure, reduced vacancy risk, and deeper wallet capture per client.

The Outer Ring Road cluster offers a full format stack — Gold, Elite, Awfis 5.0, and MO — serving SMEs to Fortune 500 anchors within the same catchment. The BKC cluster serves BFSI, GCCs, and startups at India's most premium commercial address, where clustering is noted to drive cost efficiency where real estate costs are highest.

GCC Demand and the Enterprise Client Persona

The presentation positions India as the world's GCC capital, citing data from GCCX Global on the concentration of GCC activity across major cities. The company draws a clear distinction between its standard flex member and its Elite GCC decision-maker, underscoring the structural difference in buying behaviour, tenure, and optimisation priorities.

GCC clients are described as requiring enterprise-grade compliance (ISO, WELL, LEED, BCP-readiness), hospitality-led experiences, bespoke brand-integrated spaces, phased scalability, and single-window execution across workspace, IT, mobility, F&B, and engagement.

Client Evolution: Land, Prove, Expand, Anchor

The presentation describes a four-stage client journey — Land, Prove, Expand, Anchor — through which clients enter via premium flex and progressively deepen their engagement. Two case studies are highlighted to illustrate this model in practice:

• Global e-commerce leader: Entered via premium flex at an Elite centre, then transitioned to phased built-to-suit. Grew from approximately 155 seats to 3,678 FTEs within a year, with a planned expansion to 2,000+ FTEs under a single-window arrangement covering IT, Mobility, and F&B.
• Global Pioneer in AI computing: Received a custom managed office, then expanded in place without re-tendering, growing from 110 to 360 FTEs within a year.

Project Delivery Capabilities

The presentation showcases three delivery formats, demonstrating the company's execution speed and customisation depth:

Awards and Industry Recognition

Awfis Space Solutions has received multiple enterprise and brand recognition awards across industry platforms. Key recognitions include:

• ET NOW Realty Conclave and Awards – Enterprise Workspace Brand of the Year
• India's Best Design Awards, Design India Show – India's Best Design Project
• Flexicon India, Infhra – Best Managed Office Brand; Best Design Category
• 2025 GROHE Hurun India – Excellence in Coworking Spaces and Integrated Workspace Solutions
• Times Realty & Infrastructure Conclave – Most Preferred Coworking Spaces
• Real Estate Conclave – Best Coworking Brand of the Year
• ACE Alpha Awards – Coworking Operator of the Year
• 17th Realty+ Conclave & Excellence Awards – Best Coworking Space Design Project – Elite by Awfis
• Realty Plus Conclave Excellence Awards West – Enterprise Workspace Brand of the Year
• RICS – Best Coworking Space Award – Elite by Awfis
• 6th Realty+ Flexspaces Excellence Awards – Coworking Project of the Year – OIC

The presentation underscores that premiumisation, as articulated by the company, represents a structural shift in client relationships rather than a price increase — with bespoke design, multi-year tenure, outcome-led buying, and leadership-level partnerships compounding into more durable economics as clients ascend the portfolio ladder.