Latest news about Wakefit Innovations
Wakefit Innovations
123.12
-4.68(-3.66%)
Company Performance:
View Company Insights1D-3.66%
1M-18.87%
6M-35.97%
1Y-35.97%
5Y-35.97%
More news about Wakefit Innovations
31Mar 26
Wakefit Innovations Appoints Nitesh Prakash as Senior Vice President – Home Interiors
Wakefit Innovations Limited has appointed Mr. Nitesh Prakash as Senior Vice President – Home Interiors, effective March 30, 2026. The appointment was approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation. Mr. Prakash, an IIT Bombay alumnus, brings over a decade of experience in operations and business building, having previously served in senior roles at Ola Electric, Ola, and as founder of O' Be Cocktails. The appointment strengthens Wakefit's leadership in the home interiors segment.
27Mar 26
Wakefit Innovations Grants 1,72,762 Employee Stock Options Under ESOP-2019 Plan
Wakefit Innovations Limited's Nomination and Remuneration Committee approved the grant of 1,72,762 employee stock options under WAKEFIT ESOP-2019 on March 27, 2026. The options carry an exercise price of Re. 1 per option and feature a vesting period of 12 months to 5 years based on time and performance criteria. The grant complies with SEBI regulations and allows exercise within one year of vesting, with each option convertible into one equity share of Re. 1 face value.
25Mar 26
HDFC Mutual Fund Increases Stake in Wakefit Innovations to 5.43% Through Open Market Acquisition
HDFC Mutual Fund has increased its shareholding in Wakefit Innovations Limited to 5.43% through the acquisition of 30,00,000 shares via open market transactions. The purchase was made through three fund schemes and complies with SEBI substantial acquisition regulations, with proper disclosure made to stock exchanges.
18Mar 26
Wakefit Innovations Allots 31.38 Lakh Equity Shares Under Employee Stock Option Plan 2019
Wakefit Innovations Limited allotted 31,38,074 equity shares under ESOP 2019 on March 18, 2026, increasing paid-up capital to ₹32,99,66,749. The shares were issued at ₹1 face value to eligible employees exercising vested stock options, with no lock-in period or premium charges. The company confirmed regulatory compliance and emphasized the allotment's non-material nature.
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