Smartworks Appoints Two Independent Directors

Smartworks Coworking Spaces Ltd announced the appointment of two Non-Executive and Independent Directors, Mr. Dilip Deshmukh and Mr. Rajeev Krishnamuralilal Agarwal, following recommendations from the Nomination and Remuneration Committee. The appointments were approved by the Board of Directors on June 25, 2026. Mr. Deshmukh, a former Chairman of the Company Law Board, brings extensive experience in the judicial and corporate law system. Mr. Agarwal, a former IRS officer and Whole Time Member of SEBI, has over three decades of experience in taxation, financial regulation, and capital markets. Both directors have confirmed they are not debarred from holding office. Mr. Deshmukh's appointment is subject to shareholder approval for a three-year term, while Mr. Agarwal's appointment is effective immediately for a term up to the ensuing General Meeting or three months, whichever is earlier.