In a move aimed at maintaining transparency and strengthening investor confidence, Smartworks Coworking Spaces Limited has announced that one of its promoters has acquired additional shares in the company through open market purchases.

According to a regulatory communication submitted to stock exchanges on 16 March 2026, promoter entity SNS Infrarealty LLP purchased 25,000 equity shares of the company from the open market.

Although the acquisition represents only 0.02% of the company’s total shareholding or voting rights, the company decided to voluntarily disclose the transaction to maintain transparency and uphold strong corporate governance practices.

The disclosure was submitted to both National Stock Exchange of India and BSE Limited, where the company’s shares are listed.

Promoter Share Acquisition Details

The voluntary disclosure issued by Smartworks Coworking Spaces Limited outlined key details of the share purchase carried out by the promoter.

The transaction included:

• Name of Promoter: SNS Infrarealty LLP

• Mode of Acquisition: Open market purchase

• Total Shares Acquired: 25,000 equity shares

• Shareholding Percentage: 0.02% of total equity

• Acquisition Dates: 12 March 2026 and 13 March 2026

The purchases were executed through the open market, which typically involves buying shares directly from the stock exchange through regular trading mechanisms.

Such transactions are common among promoters who wish to increase their ownership stake or demonstrate confidence in the company’s long-term prospects.

Voluntary Disclosure to Stock Exchanges

The company clarified that the acquisition does not trigger mandatory disclosure requirements under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Under these regulations, disclosures are typically required when share acquisitions cross certain thresholds of ownership or voting rights.

Since the promoter’s purchase represented less than 2% of the company’s total shareholding, it fell below the threshold that would automatically require regulatory disclosure.

However, Smartworks Coworking Spaces Limited chose to inform the exchanges voluntarily.

The company stated that the disclosure was made as part of its commitment to transparency and good corporate governance practices.

Importance of Promoter Share Purchases

Promoter share purchases often attract attention from investors and market participants because they may signal confidence in the company’s business outlook and future growth potential.

When promoters increase their holdings, it can sometimes be interpreted by the market as a positive sign that the company’s leadership believes the current share price undervalues the business or that the company has strong long-term prospects.

Although the acquisition by SNS Infrarealty LLP is relatively small in percentage terms, the disclosure highlights the company’s emphasis on transparency in its communication with shareholders.

About Smartworks Coworking Spaces

Smartworks Coworking Spaces Limited is one of India’s prominent providers of managed and flexible office spaces.

The company offers fully serviced office solutions designed primarily for:

• Large enterprises

• Mid-sized businesses

• Growing startups

Unlike many traditional coworking operators that focus on freelancers and small teams, Smartworks specialises in customised office solutions for large organisations, providing scalable workspace infrastructure.

Its facilities typically include:

• Fully furnished office spaces

• Technology-enabled meeting rooms

• Shared amenities and collaboration areas

• Enterprise-grade IT infrastructure

The company operates multiple office campuses across major Indian cities.

Corporate Headquarters and Operations

The registered office of Smartworks Coworking Spaces Limited is located in Nehru Place, New Delhi, while its corporate headquarters operates from Gurugram, Haryana.

The company’s corporate office is based in the DLF Commercial Building in DLF Phase 5, which serves as a central hub for its management and operational activities.

From this location, Smartworks manages its nationwide network of office campuses and enterprise clients.

Commitment to Corporate Governance

The voluntary disclosure issued by Smartworks Coworking Spaces Limited reflects its commitment to strong corporate governance and transparent communication with investors.

Corporate governance principles encourage companies to disclose information that could be relevant to investors even when regulations do not strictly require it.

By sharing details of the promoter share purchase, the company aims to ensure that all stakeholders have access to accurate and timely information.

Such transparency is particularly important for publicly listed companies where investor trust and market credibility play a crucial role.

Role of Promoters in Public Companies

In India, promoters are typically founding shareholders or major stakeholders who play a key role in establishing and guiding a company.

They often retain a significant shareholding even after the company becomes publicly listed.

Promoter transactions involving shares — whether buying or selling — are closely monitored by investors because they can influence market perception about the company’s future prospects.

In this case, the promoter’s open market purchase suggests continued alignment between the promoter group and the company’s long-term growth strategy.

Regulatory Filing With Stock Exchanges

The disclosure was formally addressed to the listing departments of:

• National Stock Exchange of India

• BSE Limited

The company’s shares are traded under:

• NSE Symbol: SMARTWORKS

• BSE Scrip Code: 544447

Such filings ensure that investors trading on these exchanges receive timely updates regarding corporate developments.

Conclusion

The voluntary disclosure by Smartworks Coworking Spaces Limited regarding the promoter share purchase reflects the company’s commitment to transparent corporate communication and governance standards.

Promoter entity SNS Infrarealty LLP acquired 25,000 equity shares through open market transactions on 12 and 13 March 2026, representing 0.02% of the company’s shareholding.

Although the transaction did not trigger mandatory disclosure requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company chose to voluntarily inform stock exchanges.

The move reinforces the company’s emphasis on maintaining transparency with investors and strengthening confidence in its governance practices as it continues to expand in India’s growing flexible office space industry.