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
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Awaiting price reaction for this filing.
Promoter Yatin Sanjay Gupte has pledged an additional 10,00,000 equity shares (0.38% of share capital) of Wardwizard Innovations & Mobility Ltd in favour of M/S. Comfort Fincap Limited on 16th October 2025, to secure financial assistance under an existing credit facility agreement (originally dated 9th September 2025). His actual shareholding remains unchanged at 4,85,66,153 shares (18.63%). After this pledge, his total encumbered shares have risen to 4,28,21,729 (16.43%) from 4,18,21,729 (16.04%). The filing was made under Regulation 31(1) and 31(3) of SEBI's Takeover Regulations, and the disclosure was submitted to BSE on 18th October 2025.
Existing shareholders should note that the promoter is increasing the number of shares pledged as collateral for borrowings, which can be a mildly negative signal as it raises the promoter group's encumbered holding. However, ownership has not changed and total encumbrance remains modest at 16.43%, so near-term impact on the stock is likely limited.