The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
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Awaiting price reaction for this filing.
Promoter Yatin Sanjay Gupte sold 52,00,000 equity shares (1.99% stake) of Wardwizard Innovations & Mobility through open market on 26th and 27th March 2025, in two tranches of 21 lakh and 31 lakh shares respectively. This is a revised filing correcting a typographical error in the original March 28, 2025 disclosure, where the share count was incorrectly reported as 52,00,001 instead of 52,00,000. After the sale, the promoter's individual holding fell from 32.22% (8.39 crore shares) to 30.22% (7.87 crore shares), while combined promoter group holding (including PAC Wardwizard Solutions India Pvt Ltd) declined from 33.46% to 31.47%.
Promoter stake reduction of nearly 2% via open market sale may be viewed cautiously by retail investors as it could indicate the promoter trimming exposure, though the promoter group still retains a substantial 31.47% holding in the company.