Expansion26 Feb 2026, 09:17 am
Smartworks Coworking Spaces to Add 1,49,560 Sq. Ft. Capacity in Jaipur
AI Summary
Smartworks Coworking Spaces Ltd. has entered into a lease deed for capacity addition in Jaipur, measuring 1,49,560 Sq. Ft. This addition will result in an increase in the company's operational capacity. The new capacity is expected to be added within April 2026, with an investment of approximately INR 25.00 Crores. The company plans to finance this expansion through internal accruals or issue proceeds. This capacity expansion is a strategic move to support business growth and expand the company’s operational footprint.
Key Highlights
- Smartworks Coworking Spaces to add 1,49,560 Sq. Ft. capacity in Jaipur
- Capacity addition to support business growth and expand operational footprint
- Investment of approximately INR 25.00 Crores required
- Expansion to be financed through internal accruals or issue proceeds
- Expected addition within April 2026