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SMARTWORKS · price

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Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹450.00

prior close

₹453.25

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.0%-0.2% vs market

Diversified Commercial Services peers, median of 78sector+0.0%-0.2% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.2 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

-3.5-0.7-2.8-0.3-3.2

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15d

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+7.8+6.1+1.7-0.5+8.3

+20.2+10.8+9.4-4.7+24.9

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 78Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Smartworks Coworking Spaces Limited has leased a new campus at Sattva Aura on Bengaluru's Outer Ring Road, spanning approximately 4.92 lakh sq. ft. This is part of the company's strategy to expand large-format managed campuses in key enterprise corridors. The location on the Marathahalli-Sarjapur stretch is a premier Grade-A commercial area popular with technology companies and Global Capability Centres. Smartworks already operates multiple campuses across Bengaluru's commercial districts. The company recently reported FY26 revenues of ₹1,796 crore, up 31% year-on-year, with over ₹5,200 crore in contracted rental revenue. As of March 2026, Smartworks has a total footprint of ~16.1 million sq. ft. across 66 centres in 15 cities in India and Singapore.

Likely market impact

This lease strengthens Smartworks' market position in Bengaluru, a key enterprise hub, and supports its growth trajectory as the largest managed office platform in India. The expansion indicates continued demand for managed office spaces from large enterprises and GCCs.