The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 26, 2025 for Yatin Sanjay Gupte
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Promoter Yatin Sanjay Gupte has created a pledge on 40,00,000 equity shares (about 1.24% of the company's share capital) of Wardwizard Innovations & Mobility Ltd on December 23, 2025. The pledge was created in two equal tranches of 20,00,000 shares each, in favour of Comfort Fincap Limited and JM Financial Services Limited, to secure financial assistance under credit facility agreements. After this pledge creation, the promoter's total encumbered (pledged) shares stand at 2,75,91,890, which is about 9.17% of total share capital and roughly 94% of the promoter's own shareholding. The promoter continues to hold 2,92,11,314 shares (9.72% of the company), and no shares have been sold — only pledged as collateral for loans.
This is a negative signal for retail investors. With nearly all of the promoter's personal stake now pledged, there is an elevated risk of forced selling if the promoter defaults on loan obligations. Investors should monitor for any further pledge creations, invocation, or release events closely.