Announced Wed, 25 Feb · 11:47 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 24, 2026 for Yatin Sanjay Gupte

Pledge InvokedOwnership Changes View source PDF

Price

Loading chart…

▲ 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 disclosed that Blacksoil Capital Private Limited has invoked a pledge on 34,91,890 equity shares (1.16% of total share capital) of Wardwizard Innovations & Mobility on 20th February 2026, after the promoter failed to meet obligations under a Loan Against Securities facility. After the invocation, the promoter's encumbered shares stand at 2,21,00,000 (7.35% of capital), down from 2,55,91,890 (8.51%) earlier, while his total holding remains at 2,72,11,314 shares (9.05%). Additionally, 3,72,926 shares (0.14%) held by promoter-group entity Wardwizard Solutions India Pvt Ltd were also invoked, leaving 2,72,926 shares (0.09%) encumbered there. The invocation was carried out as per the financing agreement's terms to recover dues.

Likely market impact

Negative signal for the stock — pledge invocation points to financial stress on the promoter and raises the risk of further share sales or change in promoter control, which could weigh on investor sentiment.