The Exchange has received the revised 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.
Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility Ltd, has submitted a revised disclosure regarding the revocation of a pledge over 10,10,488 equity shares (about 0.39% of total share capital) held by him. The pledge was held by Shriram Finance Limited as collateral for a loan against securities, and the revocation on 8th July 2025 follows full repayment of the loan and closure of the credit facility. Before the event, promoter Yatin Gupte held 3,47,50,677 shares (13.33%) with 3,16,65,343 shares (12.15%) encumbered; after revocation, encumbered shares stand reduced to 3,06,54,855 (11.76%). This is a revised filing to correct earlier inconsistencies in promoter holding and encumbrance figures.
This is a positive signal for shareholders, as the release of pledged shares indicates the promoter has cleared a loan obligation, reducing encumbrance risk on the promoter stake. Promoter holding remains unchanged at 13.33%, and the freed shares could improve liquidity or financial flexibility for the promoter.