Date: September 28, 2026

Board Meeting Outcomes

  • Nomination and Remuneration Committee approved grant of 2,25,442 (Two Lakh Twenty Five Thousand Four Hundred and Forty Two) Employee Stock Options under WAKEFIT ESOP-2019
  • Approval granted via resolution passed on September 28, 2026
  • Compliance with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021 as amended
  • Disclosure made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015

ESOP Grant Details

  • Total options granted: 2,25,442
  • Each option exercisable into one equity share of face value Re. 1
  • Exercise price: Re. 1 per option
  • Minimum vesting period: 12 months from grant date
  • Maximum vesting period: 5 years
  • Exercise period: 1 year from date of vesting for each option
  • Vesting based on time and/or performance criteria as per Letter of Grant
  • Subject to continued employment conditions
  • Vesting timelines may be extended for unauthorized or non-statutory leaves