FilingReader Intelligence
Wardwizard promoter loses control as lender invokes shares
July 12, 2025 at 03:49 AM UTC•By FilingReader AI
Radhamani India Limited invoked 2.03 crore equity shares of Wardwizard Innovations & Mobility Limited held by promoter Yatin Sanjay Gupte to secure a loan against securities facility.
The invocation reduced Gupte's voting rights from 21.12% to 13.33%, representing a loss of control in the company. The invoked shares account for 7.79% of Wardwizard's total share capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:WARDINMOBI•Bombay Stock Exchange
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