The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
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Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility Ltd, has created a pledge over 10,00,000 equity shares (0.38% of total share capital) in favour of M/S. Comfort Fincap Limited on 16th October 2025. The pledge was executed to secure financial assistance under a financing/credit facility agreement. After this pledge, the promoter's total encumbered shares stand at 4,28,21,729 (16.43%), up from 4,18,21,729 (16.04%) previously. The promoter's overall holding (individually + PAC) remains at 19.74% of the company.
This pledge creation signals that the promoter is raising funds against existing shareholdings, which increases encumbrance risk for shareholders. While the individual pledge is small (0.38%), the promoter's total pledged shares are already at 16.43%, meaning a significant portion of promoter holdings are already encumbered.