Smartworks Coworking Spaces Limited , India's largest managed office platform, has made a groundbreaking move in the flexible workspace sector. The company has signed an agreement for an expansive 815,000 square feet campus at Eastbridge, Mumbai, setting a new global record for the largest flexible workspace.

A Landmark Deal

Smartworks has licensed this massive space from Regalia Office Parks Private Limited, a part of the renowned Niranjan Hiranandani Group. This deal marks a significant milestone not just for Smartworks, but for the entire managed workspace industry globally.

Strategic Location and Connectivity

The new campus is strategically positioned in Vikhroli, Mumbai, offering excellent connectivity:

State-of-the-Art Amenities and Sustainability

The Eastbridge campus is designed to be a cutting-edge workspace with a focus on sustainability and employee well-being:

• WELL Certified Core
• Pre-certified IGBC Gold Green Building
• Pre-certified IGBC Gold Health & Well-being standards
• Green Energy initiatives
• Organic Waste Converter (OWC) system
• EV charging stations
• Rainwater harvesting
• Landscaped gardens and green buffers

A New Benchmark in Workspace Design

Neetish Sarda, Managing Director & Founder of Smartworks, emphasized the company's vision: "We continue to focus on creating spaces that provide enterprises with scale, sustainability, modern amenities, and an office experience that inspires productivity and collaboration."

The campus will feature:

• An entry plaza
• Amphitheatre
• Super-tree greenscape
• Yoga and meditation zones
• Jogging tracks
• Bicycle parking
• Miyawaki mini forest

Launch Timeline and Market Position

The Eastbridge campus is scheduled to launch in Q4 of 2026. This addition further solidifies Smartworks' position in the market:

Industry Outlook

This deal reflects the growing demand for flexible, large-scale workspace solutions in India's metropolitan areas. As companies continue to adapt to evolving work models, the flexible workspace sector is likely to see further growth and innovation.

The partnership between Smartworks and the Hiranandani Group for this record-breaking campus signals a strong vote of confidence in the future of managed workspaces and highlights the increasing importance of sustainability and employee well-being in modern office design.

Smartworks Coworking Spaces Limited , a prominent player in the flexible workspace sector, has announced significant leadership changes and appointments following its 10th Annual General Meeting (AGM) held on September 29, 2025.

New Non-Executive Director Appointment

Shareholders approved the appointment of Ho Kiam Kheong as a Non-Executive Director, transitioning from his previous role as Additional Non-Executive Director. Mr. Kheong brings over 35 years of experience in real estate investments and development to the Smartworks board. He currently serves as the chief executive officer for India at Keppel Capital International Pte. Ltd., overseeing fund management and investment.

Managing Director Re-appointment

Neetish Sarda has been re-appointed as Managing Director for a five-year term, effective from March 8, 2026, to March 7, 2031. This re-appointment underscores the company's confidence in Mr. Sarda's leadership and vision for Smartworks' future growth.

Secretarial Auditor Appointment

In a move to enhance corporate governance, shareholders approved the appointment of M/s. SBYN & Associates LLP as the company's Secretarial Auditor. The firm will serve for five consecutive years, from the conclusion of the 10th AGM until the 15th AGM, which will be held for the financial year 2029-30.

Other Key Resolutions

The AGM also saw the approval of several other important resolutions:

1. Adoption of audited financial statements for the year ended March 31, 2025
2. Re-appointment of Harsh Binani, who was retiring by rotation
3. Approval of revised remuneration for Neetish Sarda and Harsh Binani
4. Ratification of the Employees Stock Option Plan 2022 (ESOP 2022)
5. Extension of ESOP 2022 benefits to employees of subsidiary companies
6. Approval of consultancy services from Atul Gautam, Non-Executive Director

Voting Results

The company reported strong shareholder support for the proposed resolutions. Notably, the appointment of Ho Kiam Kheong as Non-Executive Director received 99.90% votes in favor, while the re-appointment of Neetish Sarda as Managing Director was approved with 98.48% of votes cast in support.

These leadership changes and corporate actions reflect Smartworks' commitment to strengthening its governance structure and positioning itself for continued growth in the competitive coworking space market.

Smartworks Coworking Spaces Limited continues to expand its presence in the flexible workspace sector, with these strategic appointments and governance measures aimed at driving long-term value for shareholders and enhancing its market position.