Awfis Space Solutions Limited has executed loan agreements with IDFC FIRST Bank Limited, securing a total credit facility of ₹800 crore. The deal comprises a ₹50 crore overdraft facility and a ₹750 crore corporate term loan, both signed on September 29, 2026.

The disclosure was made to stock exchanges on September 30, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The facilities are intended to support the company's working capital requirements and reimburse or fund fresh capital expenditure.

Facility Structure and Purpose

The company has availed two distinct instruments from the lender:

• Overdraft Facility: A limit of ₹50 crore designated for working capital needs. As of the disclosure date, the outstanding amount is nil.
• Corporate Term Loan: A facility of ₹750 crore earmarked for the reimbursement of existing capital expenditure and funding new capital expenditure projects. The outstanding amount is also nil as of September 30, 2026.

Both agreements were executed following an earlier intimation dated May 25, 2026. The transaction does not involve related parties, as IDFC FIRST Bank is not connected to Awfis' promoters or group companies.

Security and Collateral Details

The lending arrangement includes specific security provisions to protect the bank's interests. The collateral structure differs between the two facilities:

What the Numbers Show

The composition of the debt raises a significant operational dependency. The ₹750 crore term loan constitutes 93.75% of the total ₹800 crore raised, indicating that the primary driver of this borrowing is capital-intensive expansion rather than routine liquidity management.

Notably, the security package for the term loan requires a 2.0x cover on receivables through an escrow account. This high coverage ratio suggests that the lender places substantial weight on the predictability of Awfis' cash flows from approved counterparties to service the debt. The requirement for a DSRA equivalent to two months of principal and interest further highlights the focus on ensuring uninterrupted debt servicing capacity amidst ongoing capital expenditure commitments.

Awfis Space Solutions Limited has announced the closure of its trading window effective Thursday, October 1, 2026. This measure is implemented in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s internal code of conduct.

The restriction applies to designated persons, their immediate relatives, and individuals sharing material financial relationships with them. Trading in the company’s securities is prohibited during this period to prevent potential insider trading activities related to upcoming financial disclosures.

Scope and Duration of Closure

The trading window will remain closed until the completion of 48 hours after the declaration of the unaudited financial results for the quarter ending September 30, 2026. The specific date for the board meeting to approve these results will be intimated separately in due course.

Designated persons are strictly prohibited from entering into or dealing in any transaction involving the sale or purchase of the company’s securities while the window is shut. This protocol ensures that no confidential price-sensitive information is misused prior to public announcement.

Compliance Details

The company confirmed that this information will be available on its official website under the investor relations section. Shweta Gupta, Company Secretary and Compliance Officer, signed the intimation submitted to both the National Stock Exchange of India Limited and BSE Limited on September 24, 2026.