Announced Tue, 7 Oct · 13:37 IST

Enclosed herewith Newspaper Publication of Extension of Rights Issue for Wardwizard Innovations & Mobility Limited

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Wardwizard Innovations & Mobility Ltd has extended the closing date of its ongoing Rights Issue by 17 days. The original closure date of Tuesday, October 7, 2025 has been pushed to Friday, October 24, 2025, following a decision by the Rights Issue Committee on October 6, 2025. The company published notices about this extension in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi) on October 7, 2025. The rights issue was opened on September 26, 2025 for up to 4,43,17,963 equity shares at ₹11 each (including ₹10 premium), aggregating to ₹4,874.98 lakhs, in the ratio of 17 rights shares for every 100 held. Shareholders holding physical shares must furnish demat account details to the registrar by October 17, 2025 to be eligible to apply.

Likely market impact

The 17-day extension gives existing shareholders more time to subscribe to their rights entitlement, but is typically a sign of a slower subscription pace than expected. Eligible shareholders now have until October 24, 2025 to apply, while physical shareholders must update demat details by October 17, 2025 to participate.