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Wardwizard Innovations promoter pledges shares for financial assistance

October 3, 2025 at 10:59 AM UTCBy FilingReader AI

On October 3, 2025, Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility Limited, announced a pledge over 3,700,000 equity shares in the company. This action, executed on September 29, 2025, in favor of M/S. Comfort Fincap Limited, secures financial assistance under a financing/credit facility agreement. The pledged shares represent 1.42% of the company's total share capital.

Before this transaction, Gupte held 48,566,153 shares (18.63% of total share capital), with 38,121,729 shares already encumbered. Following this new pledge, the total number of encumbered shares held by Gupte increased to 41,821,729, now representing 16.04% of the total share capital.

The disclosure was made in accordance with 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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