Wakefit Innovations Limited has announced a significant change in its senior management team with the resignation of Mr. Dibyendu Panda, Vice President – Retail Operations. The company disclosed this development to stock exchanges under Regulation 30 of SEBI Listing Regulations on April 10, 2026.

Resignation Details

Mr. Panda's resignation becomes effective from close of business hours on April 10, 2026. The executive cited pursuit of better career opportunities as the primary reason for his departure from the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations as required under SEBI regulations. Company Secretary and Compliance Officer Surbhi Sharma signed the regulatory filing, ensuring proper documentation of the senior management change.

Key compliance aspects include:

• Disclosure under Regulation 30 of SEBI Listing Regulations
• Adherence to SEBI Master Circular guidelines
• Proper documentation with resignation letter attachment
• Timely notification to both BSE and NSE

Management Transition

Mr. Panda submitted his resignation letter on January 12, 2026, providing the company with nearly three months' notice. In his resignation letter, he confirmed that there are no other material reasons for his departure beyond pursuing better career opportunities. The executive expressed gratitude to the Board of Directors for their support and cooperation during his tenure with the company.

The resignation represents a change in Wakefit's retail operations leadership as the company continues its business operations in the sleep and home solutions segment.

Wakefit Innovations Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI's depositories regulations. The submission covers the quarter ended March 31, 2026, demonstrating the company's commitment to maintaining proper corporate governance standards.

Regulatory Compliance Details

The certificate was submitted pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding the proper handling of securities rematerialisation processes.

Certificate Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The RTA provided the necessary certificate on April 3, 2026, confirming compliance with depositories regulations.

The certificate validates that securities received from depository participants for rematerialisation during Q4 FY26 were properly processed. MUFG Intime confirmed that all securities were appropriately accepted or rejected to the depositories and that the securities remain listed on stock exchanges where previously issued securities are traded.

Key Confirmations

The RTA's certificate includes several critical confirmations:

• Securities rematerialisation requests were processed within prescribed timelines
• Shareholder names were properly substituted in the register of members
• All securities remain listed on relevant stock exchanges
• Proper acceptance and rejection procedures were followed for depository transactions

Corporate Governance Framework

Company Secretary and Compliance Officer Surbhi Sharma, holding membership number A57349, signed and submitted the certificate to both BSE and NSE. The document was digitally signed on April 7, 2026, ensuring authenticity and compliance with electronic filing requirements.

This quarterly filing represents part of Wakefit Innovations' ongoing regulatory compliance framework, ensuring transparency in securities handling and maintaining investor confidence through proper adherence to SEBI guidelines.