Announced Mon, 15 Sept · 18:11 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte

Pledge ReleasedOwnership 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 the release/revocation of a pledge on 80,000 equity shares (0.03% of total share capital) of Wardwizard Innovations & Mobility Ltd, held by lender Bikewin Trading Private Limited. The transaction was executed on 2nd August 2025 following full repayment of the underlying credit facility and closure of the loan. The disclosure was filed late on 15th September 2025 because the promoter did not receive timely intimation from the lender. After this release, the promoter's encumbered shares stand reduced from 2,83,01,729 (10.86%) to 2,82,21,729 (10.83%), while overall voting rights holding stays unchanged at 4,85,66,153 shares (18.63%), with PAC Wardwizard Solutions India Pvt Ltd holding an additional 1.11%.

Likely market impact

This is a routine positive housekeeping event — the release signals de-risking for the promoter as the pledging loan has been fully repaid, slightly reducing encumbered holdings. However, with 10.83% of promoter shares still pledged, residual pledge risk remains. No change in voting rights or promoter control, so limited direct impact on the stock price.