Awfis Space Solutions Limited announced the outcome of its Board Meeting held on November 3, 2026. The Board approved the unaudited financial results for the quarter and half year ended September 30, 2026, along with the limited review reports. Key personnel changes were also noted, including the resignation of Ms. Shweta Gupta as Company Secretary & Compliance Officer and the appointment of Ms. Juhi Garg to the same role effective November 11, 2026. Additionally, the timeline for the transfer of the Design & Build Business was deferred.
Awfis Board Meeting Outcome: Financials and Leadership Changes
On November 3, 2026, Awfis Space Solutions Limited’s Board of Directors convened to discuss and approve key business items. The meeting resulted in the approval of the company’s unaudited financial results for the quarter and half year ended September 30, 2026. These results, which include both standalone and consolidated figures, were accompanied by Limited Review Reports from Walker Chandiok & Co LLP, the Statutory Auditors.
Key Personnel Updates
Significant changes in key managerial personnel were announced during the meeting. The Board took note of the resignation of Ms. Shweta Gupta from her roles as Company Secretary & Compliance Officer and Key Managerial Personnel (KMP). Her employment will conclude on November 10, 2026. Following this, the Board approved the appointment of Ms. Juhi Garg as the new Company Secretary & Compliance Officer and KMP, effective November 11, 2026. Ms. Garg brings extensive experience in secretarial, governance, and regulatory compliance.
Business Undertaking Transfer Timeline Extended
In a separate development, the Board reviewed the status of the proposed transfer of the company’s Design and Build Business to its wholly-owned subsidiary, Awfis Transform Private Limited. The Board decided to defer the completion of this transaction beyond the previously indicated timeline of the end of the calendar year 2026. This deferral is attributed to procedural, administrative, operational, and transition-related requirements that are expected to be addressed over the next twelve months. The revised completion timeline is yet to be finalized.
Financial Performance Highlights (Standalone)
The unaudited standalone financial results for the quarter and six months ended September 30, 2026, show a Profit before tax of ₹218.10 million for the quarter and ₹411.64 million for the six-month period. Total income for the quarter stood at ₹3,855.30 million, while total expenses were ₹3,637.20 million.
Consolidated Financial Performance
On a consolidated basis, the unaudited results for the quarter ended September 30, 2026, reported a Profit before tax of ₹312.42 million on total income of ₹4,642.90 million. For the six-month period, the profit before tax was ₹556.60 million, with total income amounting to ₹9,131.65 million.
Auditor’s Review
Walker Chandiok & Co LLP provided the Limited Review Reports for both the standalone and consolidated unaudited financial results. The auditors stated that based on their review, nothing had come to their attention that would suggest the financial statements contain any material misstatement or fail to disclose required information.
Source: BSE
