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Wardwizard Innovations promoter pledges 1m shares for financial assistance

October 20, 2025 at 05:09 AM UTCBy FilingReader AI

On October 18, 2025, Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility Limited, disclosed the creation of a pledge over 1,000,000 equity shares of the company. This pledge, executed on October 16, 2025, was made in favor of M/S. Comfort Fincap Limited to secure financial assistance under a Financing/Credit Facility Agreement.

The pledged shares represent 0.38% of Wardwizard Innovations & Mobility Limited's total share/voting capital. Prior to this transaction, Yatin Sanjay Gupte held 48,566,153 shares, representing 18.63% of the company's equity. With this new pledge, the promoter's total encumbered shares now stand at 42,821,729, increasing the encumbered percentage from 16.04% to 16.43% of the total share/voting capital.

The total equity share capital of Wardwizard Innovations & Mobility Limited remains at INR 260,693,900, divided into 260,693,900 equity shares of INR 1 each.

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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