Enclosed herewith Intimation of Record date for right issue 2024-25 of Wardwizard Innovations & Mobility limited.
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Awaiting price reaction for this filing.
Wardwizard Innovations & Mobility Ltd has fixed Friday, September 19, 2025, as the record date for its proposed rights issue for FY 2024-25. Shareholders whose names appear in the company's records on this date will be considered eligible to receive the rights entitlement. The intimation has been filed under Regulation 42 of the SEBI (LODR) Regulations, 2015, and is also being uploaded on the company's website. Details such as the rights issue ratio, issue price, and overall size have not been disclosed in this particular filing.
Existing shareholders need to hold the stock by September 19, 2025, to be eligible for the rights entitlement. Watch for further announcements on the issue price and ratio, as these will determine whether participation is attractive. In the short term, the stock may see some volatility as the ex-rights date approaches.