Awfis forms new subsidiary, Awfis Transform, for strategic expansion

Awfis Space Solutions Limited announced the incorporation of Awfis Transform Private Limited (ATPL) on December 3, 2025. This move aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ATPL was established to undertake various projects including design, build, and execution of commercial and residential projects, interior fit-outs, and software solutions for project management.

ATPL is incorporated with an authorized share capital of INR 10,00,000, divided into 60,000 equity shares and 40,000 preference shares, each with a face value of INR 10. The initial paid-up share capital of INR 1,00,000 will be paid in cash. As a wholly-owned subsidiary, Awfis Space Solutions Limited holds 100% of ATPL's equity, making it a related party transaction.

The company intends to transfer its design and build undertaking to ATPL, a strategic step to streamline operations and enhance its service offerings. Further updates regarding this transfer will be disclosed as they occur.