Wakefit Innovations Ltd

Wakefit Innovations Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal rules. The trading window will be shut from Wednesday, July 01, 2026, and will reopen 48 hours after the announcement of the un-audited financial results for the quarter ended June 30, 2026. The company will separately inform the stock exchanges about the board meeting date for approving these financial results. This measure is standard practice to prevent potential insider trading during sensitive financial reporting periods.

Mirae Asset Mutual Fund has acquired an additional 0.57% stake in Wakefit Innovations Ltd through open market purchases, increasing its total holding to 5.40%. The acquisition occurred on June 5, 2026. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating a significant investment move by the mutual fund.

Wakefit Innovations Ltd has granted 3,28,342 Employee Stock Options under the "Wakefit Employee Stock Option Plan - 2019". The grant was approved by the Nomination and Remuneration Committee on May 23, 2026, and is in compliance with SEBI regulations. The exercise price is Re. 1/- per option, and vested options are exercisable within one year from vesting. Options will vest after a minimum of 12 months and not later than 5 years from the grant date, based on time and/or performance criteria.

Wakefit Innovations Ltd announced its audited financial results for Q4FY26 and FY26. The company reported a 16.9% YoY increase in revenue from operations for FY26, reaching ₹14,889.4 mn. Reported EBITDA (excluding Other Income) stood at ₹1,819.6 mn, a 207.9% increase YoY. Profit After Tax for FY26 was ₹1,891.8 mn. The company's sales mix is primarily driven by mattresses (61.4%) and furniture (29.3%). Wakefit has 139 active COCO stores as of March 31, 2026, and has invested in advertising and marketing initiatives.

Wakefit Innovations Ltd. announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026, during a Board meeting held on May 21, 2026. The financial results, along with the auditor's report from M/s. B S R & Co., LLP, confirm an unmodified opinion on the annual audited financials. Additionally, M/s BMP & Co. LLP has been appointed as the Secretarial Auditors for a five-year term starting from FY 2026-27, pending shareholder approval at the upcoming AGM. The Board meeting commenced at 4.30 P.M. and concluded at 6.49 P.M.

Wakefit Innovations Ltd has appointed M/s. BMP & Co. LLP, Practicing Company Secretaries, as the Secretarial Auditors for a five-year term from FY 2026-27 to FY 2030-2031. The appointment, approved by the Board of Directors on May 21, 2026, is subject to shareholder approval at the upcoming Annual General Meeting (AGM). BMP & Co. is a firm specializing in Company Secretarial services with offices in Bengaluru, Mumbai, and Delhi (NCR).

Wakefit Innovations Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026. The board also approved the appointment of M/s BMP & Co. LLP as Secretarial Auditors for five years, subject to shareholder approval. The Statutory Auditors, M/s. B S R & Co., LLP, issued an unmodified opinion on the annual audited financial results.

Wakefit Innovations Ltd has scheduled a Board of Directors meeting on May 21, 2026, to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company's securities has been closed since April 1, 2026, and will re-open 48 hours after the announcement of the results. Information will be available on the company's website.

Wakefit Innovations Ltd. submits a Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, as per SEBI regulations. The report pertains to the utilization of proceeds from the Pre-Initial Public Offer and Initial Public Offer of the Company. CARE Ratings confirms no deviations from the stated objectives and no conflict of interest in monitoring the issue proceeds. Unutilized funds are parked in fixed deposits during Q4FY26.

Wakefit Innovations Ltd's Board of Directors approved amendments to the existing object clauses and inclusion of new object clauses in the Memorandum of Association (MOA), subject to member approval via postal ballot. The amendments include modifications and insertions related to the business of furniture, chemicals, home improvement, and related products and services.