Wakefit Innovations Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Wakefit Innovations Limited promoter Ankit Garg has submitted an annual disclosure confirming that no encumbrance (pledge) has been created on the equity shares held by him and his promoter group as of March 31, 2026. The filing lists 13 entities in the promoter and promoter group category including family members and a family trust. This is a routine annual compliance filing required under SEBI regulations where promoters must disclose their pledged shareholding status. The company has confirmed zero pledged shares across the entire promoter group.
The confirmation of zero share pledging by promoters is a positive signal for investors as it indicates no risk of forced share sales due to margin calls, and suggests the promoter group has strong financial health. This filing is informational and does not directly impact the stock price.