Announced Sat, 18 Oct · 15:37 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 18, 2025 for Yatin Sanjay Gupte

Promoter Below 50pctOwnership Changes View source PDF

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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

Promoter Yatin Sanjay Gupte has created a pledge on 10,00,000 equity shares (about 0.38% of total share capital) of Wardwizard Innovations & Mobility Ltd in favour of Comfort Fincap Limited. The pledge was executed on October 16, 2025 as collateral for a financial assistance or credit facility availed by the promoter. After this pledge, the promoter's total encumbered shares rise to 4,28,21,729 (16.43% of share capital), up from 16.04% earlier. The promoter's overall ownership in the company stays unchanged at 4,85,66,153 shares, or 18.63% of the company.

Likely market impact

The promoter has not sold any shares — ownership remains the same — but pledging shares to raise funds can be a concern for retail investors, as it may indicate the promoter needs liquidity or is under financial pressure. Watch for any future pledge invocation or release disclosures.