The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte & PACs
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 had a pledge on 3,00,000 equity shares (0.12% of capital) of Wardwizard Innovations & Mobility invoked by lender KNAB Finance Advisors Private Limited on 24th July 2025, after failing to meet obligations under a Loan Against Securities facility. As a result, the promoter's direct shareholding reduced from 3.475 crore shares (13.33%) to 3.445 crore shares (13.21%), while encumbered shares dropped from 3.065 crore (11.76%) to 3.035 crore (11.64%). The total promoter + PAC holding stood at 13.21% post-invocation, down from 14.44% earlier. The invocation was carried out under the terms of the financing agreement to recover dues.
A pledge invocation is a negative signal — it indicates the promoter could not service the loan and the lender has stepped in to recover, which may raise concerns about further stress on the promoter group. The lender now holds these shares and could offload them in the market, creating potential supply-side pressure on the stock price.