Wakefit Innovations Limited has notified the stock exchanges about its updated regulatory compliance framework through the implementation of comprehensive Prohibition of Insider Trading Rules. The company submitted the intimation to BSE Limited and National Stock Exchange of India Limited on December 15, 2025, in accordance with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Regulatory Framework Implementation

The updated rules framework encompasses the Wakefit Prohibition of Insider Trading Rules, which includes a comprehensive Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. This framework aligns with Regulation 8(1) of the SEBI PIT Regulations and demonstrates the company's commitment to maintaining regulatory compliance standards.

Key Components of the Trading Rules

The comprehensive framework establishes detailed procedures for various aspects of insider trading prevention and compliance management. The rules define designated persons, trading restrictions, and disclosure requirements while implementing robust internal control mechanisms.

Trading Window Management:

• Designated persons can trade only when trading windows are open
• Trading restrictions apply during periods of unpublished price-sensitive information
• Windows remain closed until 48 hours after information becomes publicly available
• Special provisions for employee stock option exercises

Pre-clearance Requirements:

• Mandatory pre-clearance for trades exceeding ₹10.00 lakhs in market value per calendar quarter
• Seven-day execution window following approval
• Detailed reporting requirements within two days of transaction completion
• Specific authority matrix for different categories of designated persons

Digital Database and Information Management

The rules mandate maintenance of a structured digital database containing comprehensive records of information sharing activities. This database must capture the nature of unpublished price-sensitive information, names of persons sharing and receiving information, along with PAN or other authorized identifiers.

Database Requirements:

• Internal server management with adequate controls
• Time-stamping and audit trail capabilities
• Eight-year preservation period for transaction records
• Enhanced preservation during regulatory investigations

Penalty Structure and Enforcement

The framework establishes a comprehensive penalty structure addressing various categories of violations, ranging from technical breaches to substantial violations involving profit-making activities during restricted periods.

The company retains authority to impose warnings and monetary fines, with collected amounts being remitted to SEBI's Investor Protection and Education Fund. These internal actions complement potential SEBI enforcement measures for regulatory violations.

Implementation and Accessibility

Wakefit has made the complete rules document available on its official website and uploaded it to the company portal through the SDD Tab on JumpCloud. The framework includes detailed annexures covering application forms, disclosure formats, and procedural guidelines for various trading scenarios.

The updated rules framework reflects Wakefit's proactive approach to regulatory compliance and corporate governance standards. The comprehensive nature of these guidelines ensures clear understanding of obligations among designated persons while maintaining transparency in information disclosure processes.

Wakefit Innovations, a prominent player in the sleep solutions industry, made its debut on the Bombay Stock Exchange (BSE) today, with a slightly muted response from investors. The company's shares commenced trading at ₹194.10, marking a marginal discount to its initial public offering (IPO) price.

Listing Details

The listing price represents a modest 0.46% discount compared to the IPO price of ₹195.00, indicating a cautious sentiment among investors on the first day of trading.

Market Reception

The subdued debut of Wakefit Innovations on the BSE reflects a conservative approach from market participants. This cautious reception could be attributed to various factors, including:

• Overall market conditions
• Investor sentiment towards the sleep solutions sector
• Company-specific factors and growth prospects

Company Background

Wakefit Innovations has gained recognition in the Indian market for its range of sleep-related products, including mattresses, pillows, and bed frames. The company's listing on the BSE marks a significant milestone in its growth journey and provides an opportunity for public investors to participate in its future.

Investor Outlook

While the initial trading response appears cautious, it's important to note that the long-term performance of the stock will depend on various factors, including:

• The company's financial performance
• Growth in the sleep solutions market
• Expansion strategies and product innovations
• Overall economic conditions

Investors and market analysts will be closely watching Wakefit Innovations' performance in the coming days and weeks to gauge its potential as a listed entity.

As the trading progresses, it will be interesting to see how the stock performs and whether it can generate increased investor interest in the competitive sleep solutions market.