Wardwizard Innovations & Mobility Ltd. Promoter Creates Pledge on Shares
Wardwizard Innovations & Mobility Limited announced that Yatin Sanjay Gupte, a Promoter of the company, has created a pledge on shares. The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.The pledge, executed on March 25, 2026, involves 10,00,000 equity shares. The purpose of the pledge is to secure a shortfall in the margin call as part of a Financing/Credit Facility Agreement. Comfort Fincap Limited is the Pledgee, and Comfort Securities Limited is the lender.
Here's a summary of the transaction details:
| Sr. No. | Name of Target Company | Name of Pledgee | Name Lender | Number of equity shares | Date of Transaction | Type of Transaction |
|---|---|---|---|---|---|---|
| 1 | Wardwizard Innovations & Mobility Limited | Comfort Fincap Limited | Comfort Securities Limited | 10,00,000 | March 25, 2026 | Pledge Creation |
As of March 27, 2026, Yatin Sanjay Gupte held 2,37,19,424 shares, representing 7.88% of the total share/voting capital and 7.88% of the total diluted share/voting capital. Wardwizard Solutions India Private Limited, another entity acting in concert with Yatin Sanjay Gupte, held 26,19,512 shares.
Following the pledge creation, Yatin Sanjay Gupte's encumbered shares total 2,31,00,000, representing 7.68% of the total share/voting capital. The company's total equity share capital is Rs. 30,08,17,446, divided into 30,08,17,446 equity shares of Re. 1 each.
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