Wardwizard details rights issue: shares priced at Rs 11

Wardwizard Innovations & Mobility Limited has announced its board's approval for a rights issue, with the record date set for Friday, September 19, 2025. This date will determine eligible shareholders for the rights entitlement. The company aims to issue 4,43,17,963 equity shares, each with a face value of Re. 1/-, totaling an aggregate amount of Rs. 48,74,97,593.

The rights issue price is fixed at Rs. 11/- per equity share, which includes a premium of Rs. 10/-. Shareholders will be entitled to 17 equity shares for every 100 existing equity shares held. The issue opens on Friday, September 26, 2025, with the last date for on-market renunciation on Wednesday, October 01, 2025, and the issue closing on Tuesday, October 07, 2025.

All necessary arrangements have been made with NSDL and CDSL for the credit of rights entitlement in dematerialized form. The ISIN for the Rights Entitlement is INE945P20024.