Awfis Space Solutions Expands Footprint in Mumbai with New Powai Center

1 min read     Updated on 06 Oct 2025, 11:27 AM
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Overview

Awfis Space Solutions has opened a new coworking center at Supreme Business Park in Hiranandani Gardens, Powai, Mumbai. This expansion strengthens Awfis's presence in Mumbai's competitive coworking market and caters to the growing demand for flexible workspace solutions in the city's emerging business hubs. The strategic location in Powai, known for its modern infrastructure and corporate offices, is expected to serve a diverse range of clients from startups to established corporations.

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

Awfis Space Solutions , a leading player in the coworking space industry, has announced a significant expansion of its operations in Mumbai. The company has opened a new center at the prestigious Supreme Business Park located in Hiranandani Gardens, Powai.

Strategic Location Choice

The decision to establish a presence in Powai, a rapidly growing business district in Mumbai, demonstrates Awfis's commitment to meeting the evolving needs of businesses in the city. Hiranandani Gardens is known for its modern infrastructure and is home to numerous corporate offices, making it an ideal location for a coworking space provider.

Expansion Details

Aspect Details
New Center Location Supreme Business Park, Hiranandani Gardens, Powai
City Mumbai
Purpose Expansion of Mumbai operations

This strategic move by Awfis Space Solutions reflects the growing demand for flexible workspace solutions in Mumbai, particularly in emerging business hubs like Powai. The new center is expected to cater to a diverse range of clients, from startups to established corporations looking for agile workspace options.

Impact on Mumbai's Coworking Landscape

The addition of this new center in Powai strengthens Awfis's position in Mumbai's competitive coworking market. It also provides businesses in the area with more options for flexible, high-quality office spaces, potentially contributing to the overall growth of the local business ecosystem.

As the workspace landscape continues to evolve, Awfis's expansion underscores the ongoing relevance and demand for coworking spaces in major metropolitan areas like Mumbai.

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Awfis Space Solutions Announces Leadership Changes and Expansion Plans

1 min read     Updated on 26 Sept 2025, 11:18 AM
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Ashish ThakurScanX News Team
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Overview

Awfis Space Solutions Limited has made significant changes in its leadership and corporate structure. Mr. Amit Kumar resigned as Company Secretary and Compliance Officer, with Ms. Shweta Gupta taking over the role. The company approved the incorporation of a new wholly owned subsidiary with an authorized share capital of up to INR 50.00 lakhs, focusing on various aspects of real estate and construction technology. The company's 11th Annual General Meeting passed resolutions including the adoption of financial statements, re-appointment of Mr. Rajesh Kharabanda as Non-Executive Director, and appointment of Mr. Rupinder Singh Bhatia as Secretarial Auditor.

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

Awfis Space Solutions Limited , a prominent player in the flexible workspace sector, has unveiled significant changes in its leadership and corporate structure. The company's board of directors, in a meeting held on September 26, 2025, approved key decisions that signal a strategic shift in its operations and compliance functions.

Leadership Transition in Compliance

Mr. Amit Kumar, who has been serving as the Company Secretary and Compliance Officer, has tendered his resignation effective September 29, 2025. Kumar cited the pursuit of better career opportunities as the reason for his departure.

Stepping into this crucial role is Ms. Shweta Gupta, who will take over as the new Company Secretary and Compliance Officer from September 30, 2025. Gupta brings with her a wealth of experience, boasting over 14 years in corporate secretarial, legal, mergers and acquisitions, fundraising, intellectual property rights, and compliance functions. Her appointment is expected to strengthen Awfis's corporate governance framework.

Expansion through New Subsidiary

In a move that underscores the company's growth ambitions, Awfis has approved the incorporation of a new wholly owned subsidiary. This subsidiary will be established with an authorized share capital of up to INR 50.00 lakhs and will operate in the service sector.

The new entity's scope of operations is broad and forward-looking, encompassing:

  • Design, build, and execution of commercial, residential, and mixed-use projects
  • Interior fit-outs and MEP (Mechanical, Electrical, and Plumbing) services
  • Engineering solutions
  • Consultancy and project management services
  • Trading in materials and equipment
  • Development of software solutions and digital platforms for project planning and construction management

This expansion is likely to enhance Awfis's capabilities in the real estate and construction technology sectors, potentially opening up new revenue streams for the company.

Annual General Meeting Outcomes

The company also reported on the proceedings of its 11th Annual General Meeting (AGM) held on September 24, 2025. Key resolutions passed at the AGM include:

  1. Adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025
  2. Re-appointment of Mr. Rajesh Kharabanda as a Non-Executive Director
  3. Appointment of Mr. Rupinder Singh Bhatia as the Secretarial Auditor for a five-year term

These decisions reflect Awfis's commitment to maintaining strong corporate governance practices and ensuring compliance with regulatory requirements.

The leadership changes and expansion plans announced by Awfis Space Solutions Limited indicate a strategic focus on strengthening its market position and diversifying its service offerings in the competitive flexible workspace and real estate services sector.

Historical Stock Returns for Awfis Space Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%+2.98%+3.00%-4.41%-7.38%+39.18%
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