ALFA Filings
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Smartworks Coworking Spaces will use its Securities Premium Account to write off accumulated losses of ₹385.62 Crore. This NCLT-sanctioned restructuring involves no capital reduction or cash outflow.
The Board approved the appointment of two Independent Directors and a scheme for reduction of share capital by setting off accumulated losses against securities premium.
Smartworks completed the acquisition of Singapore-based Workstudio Spaces, adding 45+ clients. This expands its Singapore footprint to four centers and over 1,500 seats.
Smartworks completed acquisition of a step-down subsidiary for ₹18.22 Cr. Transaction finalized on July 6, 2026, per SEBI disclosure.
Smartworks completed acquiring WorkStudio Spaces Pte. Ltd. for 2.47 Million SGD. This expands its Singapore footprint to four centers, boosting regional growth.
Smartworks' subsidiary acquires Singapore-based WorkStudio Spaces for Rs 18.03 Crore. The deal expands its flex space portfolio to 76,000 sq. ft. across four centres.
Smartworks is acquiring WorkStudio Spaces Pte. Ltd. in Singapore. This expansion grows its Singapore footprint to approximately 76,000 sq. ft.