Wakefit Innovations Limited (WAKEFIT) — Board Meeting

· NSE 🟡 Notable Neutral
📢 Key Event
Board approved allotment of 1,364,949 shares under ESOP 2019
🔄 What Changed
Paid-up capital increased from 32,99,66,749 to 33,13,31,698 equity shares
💡 Investor Takeaway
This dilution increases share count but does not materially impact the company's financial position or stock price.

Wakefit Innovations approved the allotment of 1,364,949 equity shares under its 2019 Employee Stock Option Plan, increasing the paid-up capital from ₹32,99,66,749 to ₹33,13,31,698. The shares were issued at a face value of ₹1 each with no premium, fully paid-up, and are identical to existing shares. The filing confirms compliance with SEBI regulations but states the allotment is not material to the company.

📄 View Original Announcement (PDF)

About Wakefit Innovations Limited (WAKEFIT)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹4,726.77 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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