Wakefit Innovations Limited has filed an annual disclosure dated April 3, 2026, with BSE Limited and the National Stock Exchange of India Limited, confirming that no encumbrance has been created on equity shares held by its promoter and promoter group. The disclosure was submitted by Ankit Garg, Promoter, Chief Executive Officer, Executive Director and Chairperson of the company, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 [SEBI (SAST) Regulations, 2011].

Promoter Declaration Under SEBI SAST Regulations

Pursuant to Regulation 31(4) of SEBI (SAST) Regulations, 2011, Ankit Garg has declared that as on the financial year ended March 31, 2026, no encumbrance — directly or indirectly — has been created on the equity shares held by him, along with persons acting in concert, individuals, and entities forming part of his promoter group in the company. The disclosure was digitally signed by Ankit Garg on April 3, 2026, and has been filed with both BSE Limited and the National Stock Exchange of India Limited for their records.

Promoter and Promoter Group Details

The annexure accompanying the disclosure provides a comprehensive list of all individuals and entities forming part of the promoter and promoter group, along with persons acting in concert, as on March 31, 2026. The full details are presented below:

The promoter group comprises 12 individuals and one trust — the Ankit Garg Family Trust — totalling 13 entities in all.

Regulatory Compliance Context

The annual disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011 is a mandatory compliance requirement for promoters of listed companies. It requires promoters to confirm, at the end of each financial year, whether any encumbrance has been created on shares held by them or their promoter group. Wakefit Innovations Limited, formerly known as Wakefit Innovations Private Limited, is headquartered at Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Bangalore, Karnataka, India — 560029. The disclosure has been duly noted by the company's Audit Committee.

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.