Wardwizard Innovations & Mobility Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/09/2025 ,inter alia, to consider and approve Enclosed ....
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Wardwizard Innovations & Mobility Ltd has informed BSE that its Board of Directors will meet on Wednesday, September 10, 2025, to consider and approve key terms of a proposed Rights Issue of up to Rs. 4,900 Lakhs (about Rs. 49 Crores). The Board will decide the issue price per share, the total number of shares to be issued, the rights entitlement ratio for existing shareholders, and fix the record date to identify eligible shareholders. It will also consider and approve the Letter of Offer and other related documents. The company had already received in-principle approval from BSE for this Rights Issue on March 27, 2025. The trading window for insiders is closed until September 12, 2025, in line with insider trading rules.
Existing shareholders will get the chance to buy additional shares in proportion to their current holdings, which could dilute their stake if they don't participate. The exact price, ratio, and record date — the key details investors need — will only be known after the September 10 meeting, so the stock may see activity around that date.