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.

Awfis Space Solutions Ltd has successfully reduced its Goods and Services Tax (GST) demand for the financial year 2019-20 to INR 1,61,833 following an appellate order received on June 17, 2026. The order, issued by the Deputy Commissioner of State Tax, Mazgaon, Mumbai, significantly lowered the liability from the previously contested demand of INR 19.80 million. The company has already deposited INR 1,07,556 through the electronic cash ledger while filing the appeal, leaving a remaining balance of INR 54,277 to be paid in due course.

The dispute originated with an audit notice dated January 16, 2023, seeking records for FY 2019-20. Subsequent proceedings saw the tax authority raise a demand of INR 20.20 million via an observation notice in April 2024. This figure was later revised to INR 19.67 million and then updated to INR 19.80 million in May 2024. The company filed an appeal against the order dated May 21, 2024, under section 73 of the Central Goods and Service Tax Act, 2017, and the Maharashtra Goods and Service Tax Act, 2017.

Timeline of GST Proceedings

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.