Wakefit Innovations Ltd

Wakefit Innovations Ltd has announced that its Board of Directors will convene on November 12, 2026, to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The company also confirmed the closure of the trading window from October 1, 2026, which will reopen 48 hours after the financial results announcement. Further details will be available on the company's investor relations website.

Wakefit Innovations Ltd announced changes in its senior management. Mr. Umanath Nayak, Head – Human Resource, has resigned effective September 30, 2026, to pursue personal goals. Concurrently, Ms. Suman Yadav has been appointed as the new Chief Human Resource Officer (CHRO), a Senior Management Personnel (SMP) role, effective October 01, 2026. Ms. Yadav brings over two decades of global HR experience across technology, e-commerce, and defense sectors, including a significant tenure at Amazon. Her appointment is based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors.

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.

Wakefit Innovations Ltd announced the resignation of Mr. Kunal Chandel, Senior Manager - Legal and Senior Management Personnel. His resignation is effective from the close of business hours on September 24, 2026. Mr. Chandel is leaving to pursue career opportunities outside the organization. The company has provided disclosures as per SEBI Listing Regulations, including the reason for change and the effective date of cessation.

Wakefit Innovations Ltd has announced the closure of its trading window for designated persons and their immediate relatives, effective October 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will reopen 48 hours after the announcement of the company's unaudited financial results for the quarter and half-year ending September 30, 2026. The date of the board meeting to approve these results will be communicated separately. Investors can find more information on the company's investor relations website.

Wakefit Innovations Ltd has announced its 10th Annual General Meeting (AGM) will be held on September 09, 2026, via video conference. The company is sending letters with a web-link to its Annual Report for FY 2025-26 to shareholders who have not registered their email addresses. This complies with SEBI Listing Regulations. Shareholders can access the report online via the company's website. For those holding shares physically, registration details can be updated through MUFG lntime India Private Limited.

Wakefit Innovations Ltd has announced its 10th Annual General Meeting (AGM) scheduled for Wednesday, September 09, 2026, at 11:00 A.M. IST, to be conducted via Video Conference/Other Audio Visual Means. The company is also releasing its Annual Report for the Financial Year 2025-26. The report and AGM notice are being sent electronically to shareholders. Wakefit successfully completed its IPO and listed on NSE and BSE on December 15, 2025. The company celebrated its 10th anniversary on February 27, 2026, having been incorporated on March 01, 2016. The annual report details corporate overview, market position, offerings, innovation, financial highlights, and management discussions.

Wakefit Innovations Ltd has announced its 10th Annual General Meeting (AGM) scheduled for Wednesday, September 09, 2026, at 11:00 A.M. IST, to be conducted via Video Conference/Other Audio Visual Means. The company has also released its Annual Report for the Financial Year 2025-26. This report details the company's journey, including its IPO listing on NSE and BSE on December 15, 2025, and its 10th anniversary of incorporation on March 01, 2016. The Annual Report covers corporate overview, market position, offerings, innovation, financial highlights, and statutory reports. The company emphasizes its integrated operating model, engineering-first philosophy, and direct-to-consumer omnichannel approach tailored for Indian homes.

Wakefit Innovations Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CARE Ratings Limited, confirms no deviation in the utilization of proceeds from its Pre-Initial Public Offer (Pre-IPO) and Initial Public Offer (IPO). The total issue size was ₹56.00 crore, allocated for general corporate purposes. As of the end of Q1 FY27, no funds have been utilized, and the entire amount remains parked in fixed deposits. The company and the monitoring agency have confirmed no material deviations from the objects disclosed in the offer document.

Wakefit Innovations Ltd announced its unaudited financial results for the quarter ended June 30, 2026. Revenue from operations increased by 16.6% year-on-year to ₹4,049.1 million. Reported EBITDA (excluding other income) grew by 25.2% to ₹564.0 million, with a margin improvement to 13.9%. Profit Before Tax surged by 85.1% to ₹363.1 million, and Profit After Tax rose by 19.2% to ₹233.8 million. The company highlighted strong performance in its mattress business, which grew 27.3% YoY, and a strategic expansion of its offline retail footprint, adding 27 new stores in the quarter, bringing the total to 165 COCO stores. Gross profit margin improved to 57.1%, partly due to price hikes to offset raw material cost increases. The company also noted repeat customers contributed 36.7% of revenue.