Smartworks Coworking Spaces Limited has informed the Exchange about General Updates
SMARTWORKS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Smartworks Coworking Spaces Limited has made a voluntary disclosure informing exchanges that three promoters – Neetish Sarda, Harsh Binani, and SNS Infrarealty LLP – acquired equity shares from the open market between 20th March 2026 and 30th March 2026. The total shares acquired were 70,742 (39,742 shares by Neetish Sarda, 5,000 by Harsh Binani, and 26,000 by SNS Infrarealty LLP). The acquisitions represent less than 2% of total shareholding or voting rights. The company clarified that this does not trigger mandatory disclosure requirements under SEBI SAST Regulations, 2011, but the voluntary disclosure was made in the interest of good corporate governance and transparency.
Positive signal for retail investors as promoters are increasing their stake in the company, indicating confidence in the business. However, the acquisition size is small, so the market impact may be limited.