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.

Smartworks Coworking Spaces Limited , India's largest managed office platform, has launched a groundbreaking service called 'Smartvantage' aimed at supporting and accelerating the growth of Global Capability Centers (GCCs) in India. This innovative offering combines expansive campuses, tailored office solutions, and a curated partner ecosystem to empower GCCs in their quest for rapid and sustainable scaling while maintaining cost efficiency.

Comprehensive Solution for GCCs

Smartvantage goes beyond traditional workspace solutions by providing:

• Large-format, whole-building campuses: Many of these campuses span over 500,000 sq. ft. and can be customized to reflect the unique identity of each GCC.
• Multi-city continuity: Leveraging Smartworks' impressive portfolio of approximately 12 million sq. ft. across 14 cities in India and Singapore.
• Rapid deployment: Offices in campuses are typically delivered within 60 days, thanks to Smartworks' efficient execution playbook.
• Curated partner network: Offering support in crucial areas such as legal, compliance, taxation, workforce management, and innovation.

Enhancing Operational Resilience and Innovation

The new service is designed to help GCCs enhance their operational resilience, foster innovation, and unlock long-term strategic value from their operations in India. By combining physical infrastructure with a robust support ecosystem, Smartvantage aims to address the multifaceted needs of GCCs looking to establish or expand their presence in the country.

Strategic Advantages for GCCs

Neetish Sarda, Founder & Managing Director of Smartworks, emphasized the company's focus on creating desirable work environments: "At Smartworks, we've always focused on creating campuses where people genuinely want to come to work. Our large-format spaces, with aspirational amenities, help enterprises attract and retain top talent."

Sarda also highlighted the flexibility offered by Smartvantage, stating, "For GCCs, flexibility is critical — they need quick turnaround spaces with the ability to expand seamlessly as they grow, and our pan-India presence, speed to office delivery within 60 days and robust portfolio make that possible."

Comprehensive Ecosystem for Success

Smartvantage extends beyond just providing office space. The service includes:

• Customizable large-scale campuses
• Pan-India presence for multi-city continuity
• Rapid office delivery (typically within 60 days)
• Curated alliance partners for various support services
• Modern amenities to enhance employee engagement and retention

Impressive Client Base

Smartworks currently serves over 730 clients, including GCCs, Forbes Global 2000 companies, and large enterprises such as Google, EY, Persistent, Xoriant, and Discovery. The company's campuses are designed with modern amenities like cafés, gyms, recreational zones, childcare facilities, and wellness areas to boost employee satisfaction and retention.

Market Leadership

With the introduction of Smartvantage, Smartworks reinforces its position as a category leader in the managed office segment. The company is evolving from a mere real estate provider to offering an integrated ecosystem that supports growth, innovation, and long-term value creation for enterprises.

As GCCs continue to play a crucial role in India's business landscape, Smartworks' Smartvantage service is poised to become a key enabler in their growth and success story, providing not just workspace solutions but a comprehensive platform for operational excellence and innovation.