StockWatch
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Diversified Commercial Services
Expansion4 Aug 2026, 07:40 pm

Smartworks Adds 1.41 Lakh Sq. Ft. Capacity in Delhi NCR

AI Summary

Smartworks Coworking Spaces Ltd announced a significant capacity expansion, adding approximately 1,41,124 Sq. Ft. to its existing infrastructure in Aerocity, Delhi NCR. This expansion is slated to be completed within August/September 2026 and is supported by an investment of up to INR 25.00 Crores. The company plans to finance this growth through internal accruals, issue proceeds, or external debt. The rationale behind this move is to support business growth and broaden the company's operational footprint. The disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Smartworks expands capacity by 1,41,124 Sq. Ft. in Aerocity, Delhi NCR.
  • Expansion expected to be completed by August/September 2026.
  • Investment up to INR 25 Crores planned for this capacity addition.
  • Financing to be sourced from internal accruals, issue proceeds, or debt.
  • Expansion aims to support business growth and operational footprint.