Nukleus Office Solutions Executes Letters of Intent to Lease 75,000 Sq. Ft. at Okaya Centre, Noida

2 min read     Updated on 05 May 2026, 12:32 PM
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Nukleus Office Solutions Limited has executed two binding LOIs with OESPL Private Limited to lease approximately 75,000 sq. ft. at Okaya Centre, Sector 62, Noida, Uttar Pradesh, disclosed on May 05, 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015. The first LOI covers approximately 25,000 sq. ft. on the 4th Floor of Tower 1, and the second covers approximately 50,000 sq. ft. on the 3rd and 4th Floors of Tower 3. The lease tenure is 5 years with a renewal option, with consideration comprising monthly rentals, refundable security deposits, and maintenance charges. The expansion is part of the company's strategy to scale its managed office and co-working operations in prime commercial locations.

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Nukleus Office Solutions Limited has executed two binding Letters of Intent (LOIs) with OESPL Private Limited for leasing approximately 75,000 sq. ft. of commercial office space at Okaya Centre, Sector 62, Noida, Uttar Pradesh. The development was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was intimated to BSE Limited on May 05, 2026. The move is aimed at expanding the company's managed office and co-working operations in a prime commercial location.

LOI Details

The two binding LOIs together account for approximately 75,000 sq. ft. of super area across two towers at Okaya Centre. The following table summarises the key details of each LOI:

Parameter: LOI 1 LOI 2
LOI Date: May 04, 2026 May 05, 2026
Area: ~25,000 sq. ft. ~50,000 sq. ft.
Location: 4th Floor, Tower 1 3rd & 4th Floors, Tower 3
Property: Okaya Centre, Sector 62, Noida, UP Okaya Centre, Sector 62, Noida, UP

Agreement Terms and Key Conditions

The agreements have been entered into with OESPL Private Limited, with which Nukleus Office Solutions holds no shareholding interest. The company has confirmed that the transaction does not constitute a related party transaction and that the promoter, promoter group, or group companies have no interest in the entity. The following table outlines the significant terms and conditions of the agreement:

Parameter: Details
Counterparty: OESPL Private Limited
Total Area: ~75,000 sq. ft. (25,000 sq. ft. at Tower 1 and 50,000 sq. ft. at Tower 3)
Lease Tenure: 5 years with renewal option
Parking: Specified car parking spaces along with additional parking rights subject to agreed terms
Consideration: Monthly lease rentals, refundable security deposits, maintenance charges, and other applicable charges
Regulatory Approvals: Not applicable
Next Steps: Definitive Lease Deeds to be executed subsequently based on agreed terms

Strategic Context

According to the company's disclosure, this expansion is aligned with its strategy to strengthen its presence in prime commercial locations and scale its co-working and managed office business. The leased spaces at Okaya Centre, Sector 62, Noida, are intended to support this operational growth. Definitive Lease Deeds are to be executed subsequently based on the agreed terms outlined in the LOIs. The disclosure was signed by Vinay Rathore, Company Secretary and Compliance Officer, bearing Membership No. 75848.

Historical Stock Returns for Nukleus Office solutions

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.96%+4.98%+21.09%-0.92%+7.35%

How will the addition of 75,000 sq. ft. at Okaya Centre impact Nukleus Office Solutions' total managed workspace capacity and revenue projections over the next fiscal year?

Are there any other expansion plans or LOIs in the pipeline for Nukleus Office Solutions in other Tier-1 or Tier-2 cities beyond the Noida market?

Given the competitive co-working landscape in Sector 62, Noida, how might Nukleus Office Solutions differentiate its offerings to achieve optimal occupancy rates at the new Okaya Centre location?

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Nukleus Office Solutions Limited confirms non-applicability of Large Corporate disclosure requirements under SEBI circular

1 min read     Updated on 11 Apr 2026, 03:19 PM
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Nukleus Office Solutions Limited has notified BSE Limited that it does not qualify as a Large Corporate under SEBI circular dated October 19, 2023, thereby exempting it from filing initial and annual disclosures for Financial Years 2026-27 and 2025-26. The communication was submitted on April 11, 2026, by Company Secretary Vinay Rathore, ensuring regulatory compliance for the co-working and managed offices company.

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Nukleus office solutions Limited has officially communicated to BSE Limited regarding its non-applicability under the Large Corporate disclosure framework established by the Securities and Exchange Board of India (SEBI). The company has confirmed that it does not meet the criteria for Large Corporate classification as outlined in the regulatory guidelines.

Regulatory Compliance Communication

The company submitted its formal communication to BSE Limited on April 11, 2026, referencing SEBI circular number SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. This circular established the framework for identifying Large Corporates and their associated disclosure requirements.

Parameter Details
Communication Date April 11, 2026
SEBI Circular Reference SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172
Circular Date October 19, 2023
Exchange BSE Limited

Disclosure Exemption Details

Since Nukleus Office Solutions Limited does not fall under the Large Corporate category, the company is exempt from filing specific disclosure requirements. The exempted disclosures include:

  • Initial disclosure as per Annexure A
  • Annual disclosure as per Annexure B1 and B2
  • Compliance requirements for Financial Year 2026-27
  • Compliance requirements for Financial Year 2025-26

Company Information

Nukleus Office Solutions Limited, formerly known as Nukleus Office Solutions Private Limited, operates in the co-working and managed offices sector. The communication was digitally signed by Vinay Rathore, who serves as the Company Secretary & Compliance Officer.

Corporate Details Information
Company Secretary Vinay Rathore
ACS Number A75848
Registered Office 1102, Barakhamba Tower, 22 Barakhamba Road, Connaught Place, New Delhi
Corporate Office Plot No 29, Sector -142, Noida, UP – 201305

The formal communication serves as an official record for BSE Limited and ensures regulatory compliance by clearly stating the company's position regarding the Large Corporate disclosure framework requirements.

Historical Stock Returns for Nukleus Office solutions

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.96%+4.98%+21.09%-0.92%+7.35%

What revenue or asset thresholds might Nukleus Office Solutions need to reach to qualify as a Large Corporate under SEBI's framework?

How could this exemption from enhanced disclosure requirements affect investor confidence and transparency perceptions for the company?

Will Nukleus Office Solutions' expansion plans in the co-working sector potentially trigger Large Corporate classification in future years?

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