Enclosed herewith Outcome of Right Issue Committee dated 06th October 2025 regarding extension of rights issue
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Wardwizard Innovations & Mobility has extended the closure date of its ongoing Rights Issue by 17 days. The new closure date is October 24, 2025, instead of the previously scheduled October 7, 2025. The Rights Issue Committee approved this extension at its meeting held on October 6, 2025. The company will publish an advertisement in newspapers and inform the exchange accordingly. The reason for the extension is not specified in the filing.
Eligible shareholders get more time (until October 24) to subscribe to the rights entitlement, which may indicate weaker subscription response so far. Existing shareholders may need to act within the revised window to avoid dilution from renunciation.