Smartworks Coworking Spaces Limited has informed the Exchange regarding a press release dated September 29, 2025, titled "Intimation under Regulation 30 read with Schedule III of the Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) Press Release Smartworks launches SmartVantage to power the next phase of Global Capability Center (GCCs) growth in India .".
SMARTWORKS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Smartworks Coworking Spaces has launched 'SmartVantage', a new solution designed to help Global Capability Centers (GCCs) set up and scale operations in India. The offering combines large-format whole-building campuses (often above 500,000 sq. ft.) with a consultative setup approach and a curated partner network covering legal, compliance, taxation, workforce and innovation needs. The company is leveraging its existing portfolio of about 12 million sq. ft. across 14 cities in India and Singapore, promising office delivery within 60 days. Smartworks currently serves over 730 clients, including Google, EY, Persistent, Xoriant and Discovery, and positions SmartVantage as a one-stop ecosystem for GCCs rather than just a real-estate play.
Strategically positive for the company as it targets the fast-growing GCC segment in India, potentially expanding the addressable market and supporting revenue growth, though the announcement does not disclose any immediate financial targets, order wins or revenue impact for shareholders.