Smartworks Coworking Spaces Limited — Others, 25-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Smartworks Coworking Spaces announced a significant legal development concerning its initial public offering. The Supreme Court of India has dismissed the appeal filed by Infrastructure Watchdog, which had challenged a previous tribunal order related to the company's IPO. The company's promoters were also parties to this lawsuit. This Supreme Court decision brings finality to a key legal dispute, providing clarity and removing a major hurdle for the company's public listing and its investors.