Smartworks Adds 1.41 Lakh Sq. Ft. Capacity in Delhi NCR, Invests Up To ₹25 Crore
Smartworks is adding 1,41,124 Sq. Ft. capacity in Aerocity, Delhi NCR, within August/September 2026. The expansion requires an investment of up to ₹25.00 Crores, financed by internal accruals, issue proceeds, or external debt. This move aims to support business growth.
Capacity addition and investment are positive developments for the company's growth trajectory, impacting its market presence and potential revenue.
The company is expanding its capacity, indicating growth and positive business outlook.
Smartworks Coworking Spaces Limited has announced a significant capacity expansion by adding approximately 1,41,124 Sq. Ft. to its existing facilities in Aerocity, Delhi NCR. This expansion is scheduled to be completed within August/September 2026.
The company plans to invest up to ₹25.00 Crores (approximately) in this expansion, which will be financed 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.
As of June 30, 2026, Smartworks had an existing leased capacity of 14.5 Million Sq. Ft. and an operational capacity of 10.4 Million Sq. Ft., with an operational capacity utilization of 81% and a committed occupancy of 86% for its operational capacity. The company has made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What to do with a filing like this
Smartworks Coworking Spaces Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Smartworks Coworking Spaces Limited. Read the original for the full detail.