Smartworks Allots 7,650 Equity Shares Under ESOP Plan 2022
Smartworks Coworking Spaces Limited has announced the allotment of 7,650 equity shares pursuant to the exercise of options under its Employee Stock Option Plan 2022. The Board approved this allotment ...
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Why is Smartworks Coworking Spaces Limited in the news today?
Smartworks Coworking Spaces Limited (SMARTWORKS) is in the news due to the announcement is a routine update regarding the allotment of shares under an existing employee stock option plan and does not involve significant financial performance changes or strategic shifts that would indicate a positive or negative sentiment.
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Smartworks Allots 7,650 Equity Shares Under ESOP Plan 2022
December 23, 2025, 03:26 PM
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Smartworks Coworking Spaces Limited has announced the allotment of 7,650 equity shares pursuant to the exercise of options under its Employee Stock Option Plan 2022. The Board approved this allotment through a circular resolution passed on December 23, 2025.
This allotment increases the company's issued and paid-up equity share capital to ₹1,14,26,20,760, comprising 11,42,62,076 equity shares with a face value of ₹10 each. The company has obtained in-principle approval for these shares from the National Stock Exchange of India Limited (NSE) and BSE Limited.
The NSE provided its approval on August 28, 2025, while BSE Limited granted its approval on August 29, 2025. Further details as required by SEBI regulations are provided in Annexure-A and Annexure-B, and are also available on the company's investor website.
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