Smartworks Coworking Spaces Limited has informed the Exchange regarding 'Voluntary Disclosure Acquisition of Equity Shares of Smartworks Coworking Spaces Limited ( the Company ) by Promoter'.
SMARTWORKS · price
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On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 4.8 pts more 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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Smartworks Coworking Spaces Limited informed the exchanges that its promoter, SNS Infrarealty LLP, acquired 25,000 equity shares (0.02% of total shareholding) through open market purchases on 12th and 13th March 2026. The acquisition represents less than 2% of the company's shareholding, so it does not trigger any mandatory disclosure under SEBI Takeover Regulations. The company is making this announcement voluntarily as a good governance practice to maintain transparency with investors.
This is a very small, voluntary open-market purchase by the promoter (just 0.02% of shares), so it has no material impact on shareholding structure or stock price. However, it signals continued promoter confidence in the company.