Mirae Asset Mutual Fund Increases Stake in Wakefit Innovations Ltd. Through Open Market Purchase
Mirae Asset Mutual Fund has increased its holding in Wakefit Innovations Ltd. following an acquisition of shares through the open market. The transaction saw the acquiring entity increase its stake, bringing its total holding to 5.40% of the company's voting capital.The acquisition was completed on June 05, 2026, with Mirae Asset Mutual Fund purchasing 1,875,417 shares in Wakefit Innovations Ltd.
Prior to this transaction, Mirae Asset Mutual Fund held 15,939,383 shares in Wakefit Innovations Ltd., representing a holding of 4.83% against the total voting capital. The company's total equity share capital and voting capital remained at 329,966,749 both before and after the said acquisition.
Following the open market purchase, Mirae Asset Mutual Fund's combined holding increased to 17,814,800 shares, corresponding to a 5.40% stake in Wakefit Innovations Ltd.
Key details of the shareholding progression are summarized below:
| Metric | Before Acquisition | Details of Acquisition | After Acquisition |
|---|---|---|---|
| Acquirer | Mirae Asset Mutual Fund | Open Market Purchase | Mirae Asset Mutual Fund |
| Shares Held (Mirae) | 15,939,383 | 1,875,417 | 17,814,800 |
| Stake Percentage | 4.83% | 0.57% | 5.40% |
| Total Voting Capital of TC | 329,966,749 | N/A | 329,966,749 |
WAKEFIT Stock Price Movement
Shares of Wakefit Innovations Limited are edging higher during live trading, currently quoted at ₹113.64 as of 10:55 AM, having gained 0.53%. The stock is demonstrating resilience within its trading band, which ranges between a low of ₹112.51 and a high of ₹114.50, with a reported volume of 119,015 shares processed so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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