Wardwizard Innovations promoter pledges shares for financing
Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility Limited, has created a pledge over 4.9 million equity shares of the company. This move, executed on September 3, 2025, represents 1.88% of the total share and voting capital.
The pledge was made in favor of JJ Fincap Private Limited to secure financial assistance under a financing/credit facility agreement.
Prior to this transaction, Yatin Sanjay Gupte held 18.63% of the shares carrying voting rights, while shares in the nature of encumbrance stood at 10.86%. Following the pledge creation, the promoter's encumbered shares increased to 12.74% of the total share and voting capital.
The disclosure was made to BSE Limited, fulfilling the requirements of Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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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