Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactPendency of Litigation(s)/dispute(s) or the outcome impacting the Company. (Formerly known as Smartworks Coworking Spaces Private Limited).
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Pricing
RevisedEarlierQ1 FY27
it used to be around INR 170 per square foot.
NowQ1 FY27
there has been an increment of INR 11 per square foot in our mature capacity.
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated figure moved -93.53%.confidence 60%
Watch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- we are guiding for 2.5 to 3 million square feet of operational square foot addition this year. (management committed by FY27)
- we have guided for adding 2.5 to 3 million square feet in fiscal year '27, with our revenue guidance being con (management committed by FY27)
Evidence
- Smartworks Coworking Spaces Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%