Smartworks Coworking Spaces Limited has announced a strategic capacity expansion in Hyderabad, entering into a lease deed for 1,25,906 sq ft of additional workspace. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the company's commitment to expanding its operational footprint.

Capacity Expansion Details

The Hyderabad expansion represents a significant addition to the company's existing infrastructure. The new facility will require an investment of approximately INR 17.00 crores, which will be funded through internal accruals and issue proceeds.

Current Operational Status

As of 31st December, 2025, Smartworks Coworking Spaces maintains a strong operational position with significant capacity utilization rates. The company's existing infrastructure demonstrates healthy demand for its coworking solutions.

Strategic Rationale

The capacity expansion aligns with the company's growth strategy and market positioning. The rationale for this expansion includes:

• Supporting business growth initiatives
• Expanding operational footprint in key markets
• Meeting increasing demand for flexible workspace solutions
• Strengthening market presence in Hyderabad

Implementation Timeline

The company has set an ambitious timeline for the capacity addition, targeting completion within April 2026. This timeline reflects the company's commitment to rapid expansion and market responsiveness. The project will be executed using a combination of internal accruals and proceeds from previous issues, demonstrating financial prudence in funding growth initiatives.

The disclosure was made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, ensuring full regulatory compliance and transparency with stakeholders.

Smartworks Coworking Spaces Limited has voluntarily disclosed the acquisition of equity shares by its promoters through open market purchases, demonstrating the company's commitment to transparency and enhanced disclosure practices.

Promoter Share Acquisitions

The company announced that three of its promoters acquired a total of 70,742 equity shares between March 20-30, 2026. The acquisitions were made through open market purchases and represent a combined 0.05% of the total shareholding.

Regulatory Compliance and Voluntary Disclosure

The total acquisition represents less than 2% of the company's total shareholding or voting rights, which means it does not trigger mandatory disclosure requirements under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Despite this, the company chose to make a voluntary disclosure to maintain transparency with investors and stakeholders.

Corporate Governance Initiative

The voluntary disclosure reflects the company's adherence to good corporate governance practices. By proactively sharing information about promoter transactions, Smartworks Coworking Spaces demonstrates its commitment to keeping stakeholders informed about material developments, even when not legally required to do so.

The disclosure was made to both the National Stock Exchange of India Limited (NSE) and BSE Limited, with the company trading under the symbol SMARTWORKS on NSE and scrip code 544447 on BSE. The information is also available on the company's investor relations website for public access.