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Wardwizard Innovations promoter repays loan, revokes share pledge

September 2, 2025 at 08:40 AM UTCBy FilingReader AI

Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility Limited, has initiated the revocation of a pledge on 1,242,200 equity shares held in the company. This action, dated August 28, 2025, reduces the promoter's previously encumbered holding from 11.33% to 10.86% of the total share capital.

The revocation was executed by Knab Finance Advisors Private Limited (Pledgee) following the full repayment of financial obligations and the closure of the associated loan. This transaction results in changes only to the holding of encumbered shares, not to the overall promoter holding in the target company.

As of September 1, 2025, Yatin Sanjay Gupte's total shareholding in Wardwizard Innovations & Mobility Limited stands at 48,566,153 shares, representing 18.63% of the total share capital. The post-event holding of encumbered shares for Yatin Sanjay Gupte is 28,301,729 shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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