The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 27, 2025 for Yatin Sanjay Gupte
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Awaiting price reaction for this filing.
Promoter Yatin Sanjay Gupte has reported two events regarding his pledged shares in Wardwizard Innovations & Mobility Ltd. First, on 18th August 2025, a pledge on 2,00,000 equity shares (0.08% of share capital) was invoked by Knab Finance Advisors Private Limited due to a shortfall in the required margin for a Loan Against Securities facility. Second, on 21st August 2025, a pledge on 1,27,90,000 equity shares (4.91% of share capital) held with Radhamani India Limited was released after the promoter cleared all outstanding dues. As a result, the promoter's shareholding marginally dropped from 13.80% to 13.72%, but the overall encumbered (pledged) share count came down slightly to 2,95,43,929 shares (11.33%).
The pledge release of 1.27 crore shares is a positive signal as it shows the promoter has cleared a major loan obligation, reducing financial stress. However, the small invocation of 2 lakh shares due to margin shortfall is a mild negative. Net impact on share price is likely neutral, as the overall pledged percentage has decreased slightly.