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Wakefit Innovations Grants 1,72,762 Employee Stock Options Under ESOP

Wakefit Innovations Grants 1,72,762 Employee Stock Options Under ESOP

Wakefit Innovations Limited's Nomination and Remuneration Committee approved the grant of 1,72,762 employee stock options under WAKEFIT ESOP-2019 on March 27, 2026. The options carry an exercise price of Re. 1 per option and feature a vesting period of 12 months to 5 years based on time and performance criteria. The grant complies with SEBI regulations and allows exercise within one year of vesting, with each option convertible into one equity share of Re. 1 face value.

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