Awfis Space Solutions Extends Design and Build Business Sale Timeline to End-2026
Awfis Space Solutions Limited has formally disclosed to stock exchanges the extension of its Design and Build Business slump sale transaction timeline from February 28, 2026 to end of calendar year 2026. The Board approved this extension on February 26, 2026, citing procedural, administrative, and operational requirements that have elongated the completion process.

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Awfis Space Solutions Limited has formally disclosed to stock exchanges the extension of its Design and Build Business slump sale transaction timeline. The Board of Directors, in a meeting held on February 26, 2026, approved extending the completion deadline from February 28, 2026 to the end of calendar year 2026.
Regulatory Disclosure and Timeline Extension
The company made the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, continuing from earlier disclosures made following Board meetings on November 11, 2025 and December 23, 2025, and postal ballot results dated January 23, 2026.
| Parameter: | Details |
|---|---|
| Original Timeline: | February 28, 2026 |
| Extended Timeline: | End of calendar year 2026 |
| Board Meeting Date: | February 26, 2026 |
| Meeting Duration: | 10:10 A.M. to 10:40 A.M. (IST) |
Reasons for Extension
The extension comes as a result of various operational challenges that have elongated the completion process. The company cited several factors necessitating the timeline adjustment:
| Factor: | Impact |
|---|---|
| Procedural Requirements: | Administrative processes taking longer than anticipated |
| Operational Considerations: | Complex transition-related requirements |
| Administrative Needs: | Extended time needed for regulatory compliance |
| Transaction Complexity: | Elongated completion process |
Business Operations and Valuation Updates
Awfis Space Solutions will maintain normal business operations for the Design and Build Business undertaking throughout the extended timeline. The company emphasized that it will continue to operate the business in the ordinary course until the revised completion date.
The consideration for the sale will be determined based on an updated valuation report to be obtained by the company in accordance with all applicable laws, with the reference date of valuation being the revised completion date of the transaction.
Board Authorizations
The Board of Directors has granted comprehensive authorization to company officials to facilitate the transaction completion, including authority to undertake all necessary actions and carry out appropriate amendments to the Business Transfer Agreement as required.
Corporate Information
The disclosure was signed by Company Secretary and Compliance Officer Shweta Gupta (M. No. F8573) and will be available on the company's website at awfis.com under investor relations. The company has committed to keeping stock exchanges informed of any further developments regarding the transaction.
Historical Stock Returns for Awfis Space Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.28% | -6.47% | -27.45% | -49.03% | -55.16% | -29.07% |


































