Smartworks Coworking Spaces to meet Choice Institutional Equities on June 10

0 min read Updated on 06 Jun 2026, 12:48 AM

Reviewed by

Ashish TScanX News Team

AI Summary

Smartworks Coworking Spaces Limited has scheduled a virtual investor meeting with Choice Institutional Equities on June 10, 2026, at 2:30 PM IST. The company clarified that no unpublished price sensitive information (UPSI) will be discussed during the interaction. The disclosure was made to NSE and BSE in compliance with Regulation 30 of the SEBI Listing Regulations.

*this image is generated using AI for illustrative purposes only.

Smartworks Coworking Spaces Limited has scheduled a virtual investor meeting with Choice Institutional Equities for June 10, 2026. The interaction is set to commence at 2:30 PM IST and will be conducted via a virtual mode. The company stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the proceedings.

The disclosure was made to the National Stock Exchange of India Limited (NSE) and BSE Limited in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting falls under the category of a group interaction.

Meeting Details

The following table outlines the specific particulars of the conference:

Day and Date	Particulars of Conference(s)	Mode of Attendance	Nature	Location
Wednesday, 10 June 2026, 2:30 PM (IST) onwards	Choice Institutional Equities	Virtual	Group	Not Applicable

Smartworks Coworking Spaces Limited noted that changes to the schedule may occur due to exigencies on the part of investors, analysts, or the company. Further information regarding the meeting is available on the company’s investor relations website.

Historical Stock Returns for Smartworks Coworking Spaces

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.64%	+0.64%	-0.91%	+0.12%	+1.81%	+1.81%

What strategic initiatives or growth plans is Smartworks likely to discuss with Choice Institutional Equities?

How might this investor meeting influence Smartworks' stock performance in the short term?

What are the potential market implications of Smartworks engaging with institutional investors at this time?

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Smartworks adds 4.92 lakh sq ft capacity in Bengaluru

1 min read Updated on 28 May 2026, 08:54 AM

Reviewed by

Anirudha BScanX News Team

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AI Summary

Smartworks Coworking Spaces Limited announced a capacity addition of 4,92,661 sq ft in Bengaluru, requiring an investment of approximately ₹70 crore. The project, to be finalized within May 2026, is funded via internal accruals and issue proceeds. As of March 31, 2026, the company's leased capacity was 13.7 million sq ft, with operational capacity at 10.1 million sq ft and 82% utilization.

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Smartworks Coworking Spaces Limited is expanding its operational footprint by adding 4,92,661 sq ft of capacity in Bengaluru. The company will invest approximately ₹70 crore in this expansion, financed through internal accruals and issue proceeds. This addition is scheduled to be completed within May 2026 and aims to support business growth by expanding the company's presence in key enterprise corridors.

Capacity Expansion Details

The new capacity addition increases Smartworks' overall portfolio. As of March 31, 2026, the company reported an existing leased capacity of 13.7 million sq ft, which includes operational, fitout, and yet-to-be-handover assets. The operational capacity stood at 10.1 million sq ft, with a utilization rate of 82%.

Particulars	Details
Proposed Capacity Addition	4,92,661 Sq. Ft.
Investment Required	₹70 Crore (Approx.)
Mode of Financing	Internal Accruals / Issue Proceeds
Existing Leased Capacity	13.7 Million Sq. Ft.
Existing Operational Capacity	10.1 Million Sq. Ft.
Capacity Utilization	82%

Strategic Rationale

The expansion is driven by the objective to enhance the company's operational footprint. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on May 27, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific details of the addition were provided in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Punam Dargar, Company Secretary & Compliance Officer, signed the disclosure on behalf of Smartworks Coworking Spaces Limited.

Historical Stock Returns for Smartworks Coworking Spaces