Nukleus Office Solutions Executes Letters of Intent to Lease 75,000 Sq. Ft. at Okaya Centre, Noida
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































