Wardwizard Solutions unpledges shares after loan repayment

Wardwizard Innovations & Mobility Limited reported the release of 1,500,000 equity shares previously pledged by Luharuka Media and Infra Ltd. This action, executed on October 6, 2025, follows the full repayment of financial obligations and the closure of a loan associated with the financing/credit facility agreement. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as informed by Wardwizard Solutions India Private Limited (promoter).

Prior to this transaction, Wardwizard Solutions India Private Limited held 2,892,438 shares, representing 1.11% of the total voting capital. Encumbered shares amounted to 2,072,926, or 0.80% of the total share capital. Following the release of the 1,500,000 pledged shares, the number of encumbered shares held by Wardwizard Solutions India Private Limited has decreased to 572,926, which is 0.22% of the total share capital.

The total diluted share/voting capital of the target company remains unchanged at INR 260,693,900, divided into 260,693,900 equity shares of INR 1 each, both before and after the transaction.