The Board of Directors of the Company vide resolution passed on May 26, 2026, has approved allotment of 13,64,949 Equity shares of Re.1 each to eligible employees/ ESOP holders.
WAKEFIT · price
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Wakefit Innovations Ltd has allotted 13,64,949 equity shares of ₹1 each to eligible employees and ESOP holders who exercised their vested stock options under the Wakefit Employee Stock Option Plan - 2019. The exercise price was ₹1 per share with no premium. Following this allotment, the company's paid-up equity capital increased from ₹32,99,66,749 to ₹33,13,31,698, representing a dilution of approximately 0.41%. The company clarified that this allotment is not material in nature. The new shares are identical to existing shares in all respects and carry no lock-in restrictions.
Minor shareholding dilution for existing shareholders. This is a routine ESOP exercise and unlikely to have any significant impact on the stock price, given the company's note that the matter is not material in nature.