The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Yatin Sanjay Gupte of Wardwizard Innovations & Mobility Ltd has had 34,91,890 equity shares (1.16% of total share capital) invoked by lender Blacksoil Capital Private Limited on 20th February 2026 due to default on a Loan Against Securities facility. Post-invocation, his personal holding dropped from 9.05% (2.72 crore shares) to 7.88% (2.37 crore shares), while encumbered shares fell from 8.51% to 7.35%. Combined holding with PAC Wardwizard Solutions India Private Limited declined from 10.01% to 7.88% of the company. The invocation was carried out to recover dues under the financing agreement.
Negative for the stock — pledge invocation signals financial stress on the promoter and creates potential overhang as the lender may sell invoked shares in the open market. This also raises concerns about the promoter group's overall financial health and may weigh on investor sentiment.