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 & PACs
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Wardwizard Solutions India Pvt Ltd (a promoter entity) and PAC Yatin Sanjay Gupte have released 15,00,000 equity shares (0.58% of total capital) from a pledge previously held with Luharuka Media and Infra Ltd. The release happened on 6th October 2025 after the promoter group fully repaid the underlying loan facility. Before the release, total encumbered shares stood at 20,72,926 (0.80%); after the release, encumbered shares fell to 5,72,926 (0.22%). The promoter group's actual ownership stays unchanged at about 19.74% (Wardwizard Solutions India holds 1.11% and Yatin Sanjay Gupte holds 18.63%). No shares were bought or sold on the market — only the pledge was revoked.
This is a positive signal for shareholders: the promoter group has reduced its debt burden by clearing a pledged loan, which removes the risk of forced share sales if the pledge had been invoked. Promoter ownership stays the same, so there is no change in control or dilution.