Smartworks Adds 176,285 Sq. Ft Capacity in Pune

Smartworks Coworking Spaces Ltd announced a significant capacity addition of approximately 176,285 Sq. Ft in Pune. This expansion is slated to be completed within August 2026 and requires an investment of up to INR 28.00 Crores. The rationale behind this move is to support business growth and broaden the company's operational footprint. The company's existing capacity stands at 14.5 Million Sq. Ft, with an operational capacity utilization of 81% as of June 30, 2026. Financing for this expansion will be sourced through internal accruals, issue proceeds, or external debt.