Announced Tue, 7 Jul · 07:20 IST
Smartworks completes WorkStudio Singapore acquisition, adds about 26,000 sq ft capacity
Capex & Operations View source PDF
SMARTWORKS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.5%1-day move
₹476.00
prior close
₹481.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3——-3.1-5.5-4.3-2.4-0.2-1.5-2.7————
Up moveDown movePending
AI summary
Smartworks Coworking Spaces has completed the acquisition of WorkStudio Spaces Pte. Ltd. in Singapore through its wholly-owned subsidiary on July 6, 2026. This adds about 26,000 sq ft of capacity, growing its Singapore portfolio to 4 centres with about 76,000 sq ft, more than double its footprint in two years. The move aims to strengthen Smartworks' presence in Singapore and serve enterprise clients better. No investment was made by the parent company.
Likely market impact
Modest capacity addition via subsidiary acquisition in Singapore. Strengthens international presence with no direct cash outflow from parent.