Smartworks Coworking Spaces Limited has announced a significant capacity expansion by adding 1,63,942 Sq. Ft. to its existing facilities in Pune. This expansion is scheduled to be completed within July 2026. The company's existing capacity as of March 31, 2026, stood at 13.7 Million Sq. Ft. of leased space and 10.1 Million Sq. Ft. of operational space, with an operational capacity utilization of 82%. The investment required for this new capacity addition is approximately ₹25.00 Crores. The financing for this expansion will be met through internal accruals or issue proceeds. The rationale behind this strategic move is to support business growth and expand the company's operational footprint.
