Smartworks Coworking Spaces Limited ("Smartworks" or "the Company") has announced the strengthening of its Board with new independent director appointments.
Board Appointments
The Company has appointed Mr. Rajeev Krishnamuralilal Agarwal as an Additional Non-Executive and Independent Director of the Company. Additionally, the Board has recommended the appointment of Justice (Retd.) Dilip Deshmukh as a Non-Executive and Independent Director, subject to the approval of the Company's shareholders.
Director Backgrounds
Mr. Rajeev Krishnamuralilal Agarwal is a former Whole-Time Member of the Securities and Exchange Board of India (SEBI) and an Indian Revenue Service (IRS) officer from the 1983 batch. During his SEBI tenure, he oversaw key policy areas including securities markets, mutual funds, foreign portfolio investments, market intermediaries, surveillance and enforcement. He played a role in regulatory reforms including the introduction of the Offer for Sale (OFS) mechanism, strengthening market governance frameworks, and enhancing investor protection.
Justice (Retd.) Dilip Deshmukh has over four decades of experience across judiciary and corporate adjudication. He previously served as Chairman of the Company Law Board (now the National Company Law Tribunal) and as a Judge of the Chhattisgarh High Court. Following his judicial tenure, he has established a practice in domestic and international arbitration.
Management Commentary
Neetish Sarda, Founder and Managing Director of Smartworks, commented: "Strong governance has always been central to how we have built Smartworks, and it will remain just as important as we continue to grow. We are pleased to welcome Mr. Rajeev Krishnamuralilal Agarwal to our Board, and are equally pleased with the Board's recommendation to appoint Justice (Retd.) Dilip Deshmukh, subject to shareholders' approval."
Company Background
Smartworks is India's largest managed office platform by total area under management, with a footprint of approximately 16.1 million square feet across 66 centres in 15 cities across India and Singapore as of March 31, 2026. The Company partners with developers to transform bare-shell assets into fully managed, enterprise-grade campuses, serving 770+ clients including Fortune 500s, Forbes 2000 names, GCCs, MNCs, and high-growth Indian businesses.
The Company listed on NSE and BSE on July 17, 2025.