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Wakefit Innovations Limited announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Navesh Gupta. His resignation is effective from the close of business hours on December 31, 2025. Mr. Gupta cited personal and professional plans as the reason for his departure.

Mr. Gupta will also cease to be authorized for determining the materiality of events or information and for making disclosures to the stock exchanges from the same effective date. The company has stated that appropriate disclosures regarding his resignation were made in the Red Herring Prospectus and Prospectus.

Wakefit Innovations is currently in the process of appointing a new candidate for the CFO and KMP position. The company assured that the new appointment will be intimated to the stock exchanges in due course, in accordance with applicable regulations. The company also confirmed that Mr. Gupta has confirmed no other material reason for his resignation.

The company has stated that Mr. Gupta will ensure a smooth transition of his responsibilities and extend all necessary support during the handover process. He also requested the company to initiate the requisite regulatory and statutory filings.