Wakefit Grants 2.25 Lakh Employee Stock Options

Wakefit Innovations Ltd announced the grant of 2,25,442 Employee Stock Options (ESOPs) under the "Wakefit Employee Stock Option Plan - 2019". The grant was approved by the Nomination and Remuneration Committee (NRC) on September 28, 2026. These options are exercisable into an equal number of equity shares of face value Re. 1/- each. The exercise price is set at Re. 1/- per option. Options will vest after a minimum of 12 months from the grant date, with vesting timelines subject to continued employment and performance criteria, and are exercisable within one year from vesting. The company has also stated that details regarding options vested, exercised, money realized, or lapsed are not applicable at this grant stage.