Integrated Filing — IndAS



General information about company

Scrip Code 544447
NSE Symbol SMARTWORKS
MSEI Symbol NOTLISTED
ISIN INE0NAZ01010
Name of company SMARTWORKS COWORKING SPACES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 06-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Developing and licensing fully serviced office spaces, design and fitout services and related ancillary services
Start date and time of board meeting 06-11-2025   15:59:00
End date and time of board meeting 06-11-2025   16:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 31-07-2024
Indicate Company website link for updated RPT policy of the Company https://www.smartworksoffice.com/investors/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The company has not defaulted on Loans and Debt Securities.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 41,360.90 77,839.40
Other income 1,666.00 2,579.70
Total income 43,026.90 80,419.10
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 2,139.30 4,239.90
(e) Finance costs 9,147.80 17,157.90
(f) Depreciation, depletion and amortisation expense 19,178.50 35,980.40
(f) Other Expenses
1 Other expenses 989.40 1,856.60
2 Operating expenses 12,079.20 22,293.20
Total other expenses 13,068.60 24,149.80
Total expenses 43,534.20 81,528.00
3 Total profit before exceptional items and tax (507.30) (1,108.90)
4 Exceptional items 0.00 0.00
5 Total profit before tax (507.30) (1,108.90)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax (127.70) (279.10)
9 Total tax expenses (127.70) (279.10)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (379.60) (829.80)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (379.60) (829.80)
17 Other comprehensive income net of taxes (14.00) (14.40)
18 Total Comprehensive Income for the period (393.60) (844.20)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 11,425.50 11,425.50
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.33 -0.77
Diluted earnings (loss) per share from continuing operations -0.33 -0.77
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.33 -0.77
Diluted earnings (loss) per share from continuing and discontinued operations -0.33 -0.77
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The Unaudited Standalone Financial Results for the quarter and six months ended September 30, 2025 of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 06, 2025. In compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Limited Review of these Standalone Financial Results has been carried out by the Statutory Auditors. 2. The Unaudited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles as laid down in Indian Accounting Standard 34 Interim Financial Reporting (Ind AS 34), prescribed under section 133 of the Companies Act, 2013, as amended (the Act) read with relevant rules issued thereunder, as amended and other accounting principles generally accepted in India. 3. The figures for the six months ended September 2024 have been extracted from the Company's audited special purpose standalone interim financial statements for the six months ended September 30, 2024. Further, the figures for the quarter ended September 30, 2024, are the balancing amounts between the audited special purpose standalone interim financial statements for the six months ended September 30, 2024 and the unaudited standalone financial results for the quarter ended June 30, 2024. The Unaudited Standalone Financial Results for the quarter ended September 30, 2024 have not been subjected to limited review or audit. 4. The Company's primary business segment involves developing and licensing fully serviced office spaces, design and fitout services and related ancillary services. The Company's Chief Operating Decision Maker (CODM) reviews the Company's performance as a single operating unit. Accordingly, the Company has a single operating segment. Hence, the disclosures as per Regulation 33(1)(e) read with Clause (L) of Part A of Schedule IV of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended are not applicable to the Company. 5. All the amounts included in the Unaudited Standalone Financial Results are rounded off to the nearest million, except per share data and unless stated otherwise. 6. The results for the quarter ended September 30, 2025 are available on Stock Exchange websites www.nseindia.com and www.bseindia.com and on the Company's website https://www.smartworksoffice.com/investors/.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 1,36,643.80
Capital work-in-progress 5,610.20
Investment property 0.00
Goodwill 0.00
Other intangible assets 176.80
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 1,875.40
Non-current financial assets
Non-current investments 659.00
Trade receivables, non-current
Loans, non-current 2,337.10
Other non-current financial assets 26,588.70
Total non-current financial assets 29,584.80
Deferred tax assets (net) 13,464.80
Other non-current assets 3,39,446.30
Total non-current assets 5,26,802.10
2 Current assets
Inventories 0.00
Current financial asset
Current investments 202.20
Trade receivables, current 2,609.20
Cash and cash equivalents 10,973.10
Bank balance other than cash and cash equivalents 15,357.50
Loans, current 0.00
Other current financial assets 8,993.00
Total current financial assets 38,135.00
Current tax assets (net)
Other current assets 9,814.60
Total current assets 47,949.60
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 5,74,751.70
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 11,425.50
Other equity 39,794.00
Total equity attributable to owners of parent 51,219.50
Non controlling interest
Total equity 51,219.50
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 15,563.50
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 3,77,107.80
Total non-current financial liabilities 3,92,671.30
Provisions, non-current 801.30
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities 4,943.80
Total non-current liabilities 3,98,416.40
Current liabilities
Current financial liabilities
Borrowings, current 9,789.30
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,244.90
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 12,684.30
Total Trade payable 13,929.20
Other current financial liabilities 95,213.60
Total current financial liabilities 1,18,932.10
Other current liabilities 6,017.20
Provisions, current 166.50
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 1,25,115.80
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 5,23,532.20
Total equity and liabilites 5,74,751.70
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) Notes on Statement of Assets and Liabilities- a. Investments in subsidiaries amounting to INR 187.54 Millions has been grouped under Investments accounted for using equity method b. Other non current assets includes Right of Use Assets (INR 32,571.57 Millions), Income Tax Assets (Net) ( INR 162.36 Millions) and Other non current assets ( INR 1,210.70 Millions) c. Other non current financial liabilities includes Non-current Lease Liabilities (INR 34,717.45 Millions) and Other financial liabilities (INR 2,993.33 Millions) d. Other current financial liabilities includes Current Lease Liabilities (INR 6,030.61 Millions) and Other financial liabilities (INR 3,490.75 Millions)



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement loss on defined benefit plans (18.70) (19.20)
Total Amount of items that will not be reclassified to profit and loss (18.70) (19.20)
2 Income tax relating to items that will not be reclassified to profit or loss (4.70) (4.80)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (14.00) (14.40)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (1,108.90)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 17,157.90
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (155.80)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (8,754.60)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,904.30
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 35,980.40
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (25.70)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 9,659.50
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 2,348.20
Adjustments for share-based payments 198.30
Adjustments for fair value losses (gains) (18.40)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 4.60
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (869.50)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 52,732.80
Net cash flows from (used in) operations 51,623.90
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 378.60
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 51,245.30
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 9,093.50
Other cash payments to acquire equity or debt instruments of other entities 8,800.10
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 45.90
Purchase of property, plant and equipment 18,313.20
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 461.50
Cash receipts from repayment of advances and loans made to other parties 475.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 337.10
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (14,014.50)
Net cash flows from (used in) investing activities (31,637.80)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 44,512.30
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 7,088.80
Repayments of borrowings 18,684.30
Payments of lease liabilities 37,105.20
Dividends paid 0.00
Interest paid 1,719.70
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (3,777.80)
Net cash flows from (used in) financing activities (9,685.90)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 9,921.60
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 9,921.60
Cash and cash equivalents cash flow statement at beginning of period 62.20
Cash and cash equivalents cash flow statement at end of period 9,983.80





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 17-07-2025
Amount Raised 44,500.00
Report filed for Quarter ended 30-09-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE RATINGS LIMITED
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review The Company has raised funds from the fresh issue amounting to ₹4,450 million. The total estimated offer expenses to be incurred are ₹485.28 million, resulting in net proceeds of ₹3,964.72 million.
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed by our Company Not Applicable 11,400.00 0.00 11,400.00 0.00
2 Capital expenditure for fit-outs in the new centres and for security deposits of the new centres Not Applicable 22,584.00 0.00 4,125.20 0.00 Amount unutilised is Rs 1845.88 million
3 General corporate purposes Not Applicable 5,663.20 0.00 5,127.50 0.00 Amount unutilised is Rs 53.57 million


Signatory Details

Name of signatory Harsh Binani
Designation of person Director
Place Delhi
Date 06-11-2025




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Smartworks Coworking Spaces Ltd. Talbot & Co Entities where Key Management Personnel and their relatives exercise significant influence Sale of goods or services 100.00 Approved 2.10 0.00 0.00
2 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Sale of goods or services 12,500.00 Approved 15.70 0.00 0.00
3 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Sale of goods or services 400.00 Approved 3.30 0.00 0.00
4 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Sale of goods or services 5,000.00 Approved 0.60 0.00 0.00
5 Smartworks Coworking Spaces Ltd. BLS International Services Limited Related party of promoter Group Sale of goods or services Not Applicable 72.60 0.00 0.00
6 Smartworks Coworking Spaces Ltd. Keppel Real Estate India Private Limited Common Director Sale of goods or services Not Applicable 94.50 0.00 0.00 Textual Information(1)
7 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Sale of goods or services 400.00 Approved 193.70 0.00 0.00
8 Smartworks Coworking Spaces Ltd. BLS International Services Limited Related party of promoter Group Sale of goods or services Not Applicable 0.30 0.00 0.00
9 Smartworks Coworking Spaces Ltd. Keppel Real Estate India Private Limited Common Director Sale of goods or services Not Applicable 3.10 0.00 0.00 Textual Information(2)
10 Smartworks Coworking Spaces Ltd. BLS International Services Limited Related party of promoter Group Sale of goods or services Not Applicable 522.60 0.00 0.00
11 Smartworks Coworking Spaces Ltd. BLS E-Services Limited Promoter Group Sale of goods or services Not Applicable 841.40 0.00 0.00
12 Smartworks Coworking Spaces Ltd. Vision Comptech Integrators Limited Entities where Key Management Personnel and their relatives exercise significant influence Purchase of goods or services 1,500.00 Approved 339.50 0.00 0.00
13 Smartworks Coworking Spaces Ltd. Keppel Bay Tower LLP Related Party of Investor having shareholding more than 10% in the reporting entity Purchase of goods or services Not Applicable 76.40 0.00 0.00 Textual Information(3)
14 Smartworks Coworking Spaces Ltd. Keppel Bay Tower LLP Related Party of Investor having shareholding more than 10% in the reporting entity Purchase of goods or services Not Applicable 15.10 0.00 0.00 Textual Information(4)
15 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Purchase of goods or services 12,500.00 Approved 6.20 0.00 0.00
16 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Purchase of goods or services 700.00 Approved 303.90 0.00 0.00
17 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Purchase of goods or services 12,500.00 Approved 5,414.20 0.00 0.00
18 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Purchase of fixed assets 12,500.00 Approved 0.90 0.00 0.00
19 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Interest received 5,000.00 Approved 121.00 0.00 0.00
20 Smartworks Coworking Spaces Ltd. Smartworks Stellar Services Private Limited Wholly Owned Subsidiary Interest received 5,000.00 Approved 3.50 0.00 0.00
21 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Interest received 5,000.00 Approved 0.40 0.00 0.00
22 Smartworks Coworking Spaces Ltd. Vision Comptech Integrators Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Reimbursements of other expenses 1,500.00 Approved 153.00 0.00 0.00
23 Smartworks Coworking Spaces Ltd. Neetish Sarda Key Management Personnel Remuneration 252.00 Approved 85.10 0.00 0.00
24 Smartworks Coworking Spaces Ltd. Harsh Binani Key Management Personnel Remuneration 252.00 Approved 85.10 0.00 0.00
25 Smartworks Coworking Spaces Ltd. Punam Dargar Key Management Personnel Remuneration 37.60 Approved 17.90 0.00 0.00
26 Smartworks Coworking Spaces Ltd. Sahil Jain Key Management Personnel Remuneration 109.40 Approved 46.80 0.00 0.00
27 Smartworks Coworking Spaces Ltd. Atul Gautam Director Any other transaction Consultancy Fees paid to director Not Applicable 14.50 0.00 0.00
28 Smartworks Coworking Spaces Ltd. V K Subburaj Director Any other transaction Directors sitting Fees Not Applicable 6.00 0.00 0.00
29 Smartworks Coworking Spaces Ltd. Rajeev Rishi Director Any other transaction Directors sitting Fees Not Applicable 5.80 0.00 0.00
30 Smartworks Coworking Spaces Ltd. Pushpa Mishra Director Any other transaction Directors sitting Fees Not Applicable 3.30 0.00 0.00
31 Smartworks Coworking Spaces Ltd. Vision Comptech Integrators Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Security deposit given 1,500.00 Approved 287.70 0.00 0.00
32 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Borrowings given 5,000.00 Approved 460.00 0.00 0.00
33 Smartworks Coworking Spaces Ltd. Smartworks Stellar Services Private Limited Wholly Owned Subsidiary Any other transaction Borrowings given 5,000.00 Approved 0.70 0.00 0.00
34 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Any other transaction Borrowings given 5,000.00 Approved 0.80 0.00 0.00
35 Smartworks Coworking Spaces Ltd. Riya Aggarwal Relatives of KMPs Any other transaction Remuneration to relatives of KMPs Not Applicable 32.70 0.00 0.00
36 Smartworks Coworking Spaces Ltd. Prerna Jhunjhunwala Relatives of KMPs Any other transaction Remuneration to relatives of KMPs Not Applicable 140.50 0.00 0.00
37 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Refund of borrowings given 0.00 Not Applicable 475.00 0.00 0.00
38 Smartworks Coworking Spaces Ltd. Sahil Jain Key Management Personnel Any other transaction Issue expense of ESOP to KMP's 91.30 Approved 22.80 0.00 0.00
39 Smartworks Coworking Spaces Ltd. Punam Dargar Key Management Personnel Any other transaction Issue expense of ESOP to KMP's 26.10 Approved 6.50 0.00 0.00
40 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Long term borrowings given Not Applicable 0.00 2,280.90 2,266.00
41 Smartworks Coworking Spaces Ltd. Smartworks Stellar Services Private Limited Wholly Owned Subsidiary Any other transaction Long term borrowings given Not Applicable 0.00 62.40 63.00
42 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Any other transaction Long term borrowings given Not Applicable 0.00 7.30 8.00
43 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Interest Receivable Not Applicable 0.00 0.00 55.70
44 Smartworks Coworking Spaces Ltd. Smartworks Stellar Services Private Limited Wholly Owned Subsidiary Any other transaction Interest Receivable Not Applicable 0.00 0.00 3.10
45 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Any other transaction Interest Receivable Not Applicable 0.00 0.00 0.20
46 Smartworks Coworking Spaces Ltd. Smartworks Space Pte Ltd. Wholly Owned Subsidiary Any other transaction Amount payable to Subsidiary Not Applicable 0.00 3.00 3.00 Textual Information(5)
47 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Unbilled Revenue Not Applicable 0.00 0.00 0.20
48 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Any other transaction Unbilled Revenue Not Applicable 0.00 0.00 0.60
49 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Unbilled Revenue Not Applicable 0.00 0.00 80.90
50 Smartworks Coworking Spaces Ltd. BLS International Services Limited Related party of promoter Group Any other transaction Unbilled Revenue Not Applicable 0.00 0.00 295.90
51 Smartworks Coworking Spaces Ltd. BLS E-Services Limited Promoter Group Any other transaction Unbilled Revenue Not Applicable 0.00 0.00 614.70
52 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Trade payables Not Applicable 0.00 3,491.40 3,544.10
53 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Trade payables Not Applicable 0.00 5.00 148.10
54 Smartworks Coworking Spaces Ltd. Atul Gautam Director Any other transaction Trade payables Not Applicable 0.00 2.30 2.10
55 Smartworks Coworking Spaces Ltd. Sahil Jain Key Management Personnel Any other transaction Employee Payables Not Applicable 0.00 1.40 2.10
56 Smartworks Coworking Spaces Ltd. Punam Dargar Key Management Personnel Any other transaction Employee Payables Not Applicable 0.00 3.70 0.70
57 Smartworks Coworking Spaces Ltd. V K Subburaj Director Any other transaction Payable to Directors Not Applicable 0.00 0.20 1.30
58 Smartworks Coworking Spaces Ltd. Rajeev Rishi Director Any other transaction Payable to Directors Not Applicable 0.00 0.30 1.00
59 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Security deposit taken Not Applicable 0.00 1.80 1.80
60 Smartworks Coworking Spaces Ltd. Talbot & Co Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Security deposit taken Not Applicable 0.00 0.90 0.90
61 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Security deposit taken Not Applicable 0.00 5.00 5.00
62 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Any other transaction Security deposit taken Not Applicable 0.00 0.20 0.30
63 Smartworks Coworking Spaces Ltd. Vision Comptech Integrators Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Security deposit given Not Applicable 0.00 0.00 287.70
64 Smartworks Coworking Spaces Ltd. Keppel Bay Tower LLP Related Party of Investor having shareholding more than 10% in the reporting entity Any other transaction Security deposit given Not Applicable 0.00 0.00 259.00 Textual Information(6)
65 Smartworks Coworking Spaces Ltd. Smartworks Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Non-current investments Not Applicable 0.00 1.00 1.00
66 Smartworks Coworking Spaces Ltd. Smartworks Office Services Private Limited Wholly Owned Subsidiary Any other transaction Non-current investments Not Applicable 0.00 1.00 1.00
67 Smartworks Coworking Spaces Ltd. Smartworks Stellar Services Private Limited Wholly Owned Subsidiary Any other transaction Non-current investments Not Applicable 0.00 1.00 1.00
68 Smartworks Coworking Spaces Ltd. Smartworks Space Pte Ltd. Wholly Owned Subsidiary Any other transaction Non-current investments Not Applicable 0.00 1,872.40 1,872.40 Textual Information(7)
69 Smartworks Coworking Spaces Ltd. Talbot & Co Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Trade receivables Not Applicable 0.00 0.10 2.30
70 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Trade receivables Not Applicable 0.00 0.00 16.20
71 Smartworks Coworking Spaces Ltd. BLS International Services Limited Related party of promoter Group Any other transaction Trade receivables Not Applicable 0.00 0.00 71.80
72 Smartworks Coworking Spaces Ltd. BLS E-Services Limited Promoter Group Any other transaction Trade receivables Not Applicable 0.00 0.00 34.60
73 Smartworks Coworking Spaces Ltd. Keppel Real Estate India Private Limited Related Party of Investor having shareholding more than 10% in the reporting entity Any other transaction Trade receivables Not Applicable 0.00 0.00 0.10 Textual Information(8)
74 Smartworks Coworking Spaces Ltd. Talbotforce Services Private Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Unearned Revenue Not Applicable 0.00 0.00 1.80
75 Smartworks Coworking Spaces Ltd. Talbot & Co Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Unearned Revenue Not Applicable 0.00 0.00 0.40
76 Smartworks Coworking Spaces Ltd. Neetish Sarda Key Management Personnel Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 36,972.70 25,268.30
77 Smartworks Coworking Spaces Ltd. Harsh Binani Key Management Personnel Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 36,972.70 25,268.30
78 Smartworks Coworking Spaces Ltd. Vision Comptech Integrators Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 10,340.10 7,211.60
79 Smartworks Coworking Spaces Ltd. NS Niketan LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 30,394.10 24,323.90
80 Smartworks Coworking Spaces Ltd. SNS Infrarealty LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 30,394.10 24,323.90
81 Smartworks Coworking Spaces Ltd. Jagadhatri Vyapaar Limited Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 7,485.40 5,998.80
82 Smartworks Coworking Spaces Ltd. Kalyankari Commercial LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 5,273.00 0.00
83 Smartworks Coworking Spaces Ltd. Kripa Merchandise LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 5,273.00 0.00
84 Smartworks Coworking Spaces Ltd. Simran Merchandise LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 5,273.00 0.00
85 Smartworks Coworking Spaces Ltd. Snow Well Merchandise LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 0.00 5,273.00 0.00
86 Smartworks Coworking Spaces Ltd. NS Niketan LLP Ultimate controlling entity / Entity having control over the Company Any other transaction Fund Transferred on account of OFS (net of IPO Expenses) Not Applicable 1,773.00 0.00 0.00
87 Smartworks Coworking Spaces Ltd. SNS Infrarealty LLP Ultimate controlling entity / Entity having control over the Company Any other transaction Fund Transferred on account of OFS (net of IPO Expenses) Not Applicable 1,121.70 0.00 0.00
88 Smartworks Coworking Spaces Ltd. Space Solutions India Pte. Ltd. Entity Having shareholding more than 10% in reporting entity Any other transaction Fund Transferred on account of OFS (net of IPO Expenses) Not Applicable 8,403.60 0.00 0.00 Textual Information(9)
89 Smartworks Coworking Spaces Ltd. Neetish Sarda Key Management Personnel Any other transaction Guarantees issued by related parties for the Company. Not Applicable 6,581.30 0.00 0.00
90 Smartworks Coworking Spaces Ltd. Harsh Binani Key Management Personnel Any other transaction Guarantees issued by related parties for the Company. Not Applicable 6,581.30 0.00 0.00
91 Smartworks Coworking Spaces Ltd. NS Niketan LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 5,636.80 0.00 0.00
92 Smartworks Coworking Spaces Ltd. SNS Infrarealty LLP Entities where Key Management Personnel and their relatives exercise significant influence Any other transaction Guarantees issued by related parties for the Company. Not Applicable 5,636.80 0.00 0.00
Total value of transaction during the reporting period 45,609.70



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