Smartworks Promoter NS Niketan LLP Reports No Share Encumbrance for FY26
NS Niketan LLP, promoter of Smartworks Coworking Spaces Limited, declared on April 7, 2026, that no shares were encumbered during FY26. This disclosure is under SEBI Takeover Regulations, confirming no direct or indirect encumbrance by the promoter or associated persons.
This is a standard disclosure under SEBI regulations confirming the status quo regarding share encumbrances and does not indicate any new development or change in the company's financial or operational status.
The announcement is a routine regulatory filing confirming no encumbrance on shares, which is neither positive nor negative for the company's immediate prospects.
NS Niketan LLP, a promoter of Smartworks Coworking Spaces Limited, has disclosed under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, that neither they nor any persons acting in concert with them have created any encumbrance, directly or indirectly, on the shares of the company during the Financial Year ended March 31, 2026.
This declaration was made on 7th April, 2026, in compliance with the SEBI Takeover Regulations. The disclosure confirms the absence of any pledging or similar restrictions on the promoter's shareholding in Smartworks Coworking Spaces Limited for the aforementioned financial year. The information is provided to the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE), and has also been shared with the Audit Committee of Smartworks Coworking Spaces Limited.
What to do with a filing like this
Smartworks Coworking Spaces Limited filed this with the NSE as a statutory disclosure, categorised under substantial acquisition of shares and takeovers. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Smartworks Coworking Spaces Limited. Read the original for the full detail.