Announced Tue, 14 Oct · 14:29 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wardwizard Solutions India Pvt Ltd

Pledge ReleasedOwnership Changes View source PDF

Price

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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

Wardwizard Solutions India Pvt Ltd (promoter) along with PAC Yatin Sanjay Gupte has disclosed a pledge release of 15,00,000 equity shares (0.58% of total share capital) under SEBI Regulation 29(2). The pledge, held with Luharuka Media and Infra Ltd as lender, was revoked on 6th October 2025 following full repayment of the underlying loan and closure of the credit facility. Post-release, encumbered promoter shares fell from 20,72,926 (0.80%) to 5,72,926 (0.22%). No actual buy or sell of shares occurred — only encumbrance was released.

Likely market impact

Mildly positive signal — reduced encumbrance on promoter holdings lowers forced-selling risk and indicates the promoter group has cleared a debt obligation. However, the pledged shares were small (under 1% of capital), so the financial impact on the stock is limited.