Monday, March 16
New Delhi: Listed flexible office space operators are expected to contribute almost half of India’s flexible office market, which is set to reach 100 million sq ft by year end.Four operators have already gone public and at least three more IPOs are expected in the segment.According to the investors' presentation of four listed companies—Smartworks, Awfis, WeWork and Indiqube—they together have over 30 million sq ft of operational portfolio.Smartworks, which has 9.2 million sq ft of operational area as of December 2025, is likely to be the first flexible workspace operator to reach 10 million sq ft of operational office space by March 2026, according to disclosures made in its Q3 FY26 investor presentation filed with stock exchanges.“We have secured 100% of our supply for FY27, with
Sebi on Monday proposed a sharp reduction in the minimum investment required from individual investors in social impact funds to Rs 1,000 from the existing Rs 2 lakh, in a move aimed at widening retail participation and easing fundraising for not-for-profit organisations (NPOs) on the Social Stock Exchange (SSE).In its consultation paper, Sebi also proposed extending the registration period for NPOs on the SSE without fundraising and lowering the minimum subscription requirement for issuing Zero Coupon Zero Principal Instruments (ZCZP).The regulator said the measures are intended to "further strengthen the SSE framework, facilitate ease of fund raising and encourage greater participation by NPOs".Under the current Alternative Investment Fund (AIF) Regulations, individual investors are requ
Consumer major Marico on Monday said it will acquire a 75% equity stake in Vietnamese direct to consumer (D2C) beauty and personal care company Skinetiq Joint Stock Company for an acquisition cost of Rs 261 crore.According to the agreement, the company’s subsidiary Marico South-East Asia Corporation (MSEA) will acquire 75% of Skinetiq’s total shares from its existing shareholders and said it can acquire Skinetiq’s remaining shares after FY28, given the achievement of requisite milestones. “The investment in Skinetiq reflects our commitment to building a strong premium beauty play in Vietnam and advancing our D2C strategy internationally,” said Saugata Gupta, managing director and CEO, Marico Ltd, adding that Vietnam remains a priority market for the company due to its “strong m
