Announced Thu, 14 Aug · 12:32 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 14, 2025 for Yatin Sanjay Gupte

Pledge ReleasedPledge InvokedOwnership 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 reported two types of pledge activity on Wardwizard shares. First, 21,36,402 equity shares (0.82% of share capital) pledged with Bikewin Trading Private Limited were released on August 11, 2025, after he cleared all outstanding loan dues. Second, a total of 6,10,926 equity shares (4,10,000 on Aug 11 and 2,00,926 on Aug 12) pledged with Knab Finance Advisors Private Limited were invoked due to a shortfall in the required margin. After these events, the promoter's holding remains at about 13.88% of the company, with roughly 2.76 crore shares (~10.59%) still encumbered.

Likely market impact

Mixed for shareholders — the larger pledge release is a positive sign of debt clearance, but the invocation by Knab Finance Advisors may lead to forced selling in the market, adding short-term pressure on the stock. Investors should watch for any block deals or open market sales by the lender.