Wardwizard innovations & mobility Limited's Board of Directors approved multiple significant resolutions at their meeting held on March 21, 2026. The comprehensive board meeting outcome covered material related party transactions, internal auditor appointment, postal ballot approval, and authorized share capital increase, all disclosed under Regulation 30 of the SEBI Listing Regulations.

Board Meeting Resolutions Overview

The board meeting, which commenced at 02:30 P.M. and concluded at 03:30 P.M., addressed six major agenda items with wide-ranging implications for the company's operations and governance structure.

Material Related Party Transactions

Based on the Audit Committee's recommendation, the company proposes to enter into material related party transactions under Section 188 of the Companies Act, 2013, and Regulation 23 of SEBI LODR Regulations, 2015. These transactions, subject to shareholder approval through postal ballot, may be undertaken in single or multiple tranches during Financial Year 2026-2027 from April 1, 2026, to March 31, 2027.

Internal Auditor Appointment Details

The board approved the appointment of VRCA & Associates, Chartered Accountants (Firm Registration No. 104727W) as Internal Auditors for Financial Year 2026-2027, effective from April 1, 2026.

VRCA & Associates, established in 1977, operates with 8 full-time Chartered Accountant partners across 4 offices - head office in Ahmedabad, 2 offices in Vadodara, and 1 office in Bhavnagar. The firm provides comprehensive services including audit and assurance, taxation, statutory compliance consultancy, and project finance advisory.

Postal Ballot Process and Timeline

The board approved the postal ballot notice dated March 21, 2026, for shareholder approval on material matters.

Authorized Share Capital Increase

The board approved increasing the authorized share capital to ₹ 41,00,00,000 divided into 41,00,00,000 equity shares of Re. 1 each. This increase aims to enable conversion of debts or loans held by promoters and promoter groups into equity shares and facilitate future fund raising through various instruments including rights issues, QIP, preferential allotment, or public issues, subject to shareholder approval.

Regulatory Compliance and Documentation

Company Secretary and Compliance Officer Jaya Ashok Bhardwaj communicated these developments to BSE Limited under scrip code 538970. All disclosures comply with Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and the board meeting outcome is available on the company's website at www.wardwizard.in .

Wardwizard Innovations & Mobility Limited has announced that its Board of Directors approved the increase in authorized share capital and consequential amendment to the Memorandum of Association during their meeting held on Saturday, March 21, 2026. The company informed BSE Limited about these decisions in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcomes

The board meeting successfully addressed the key agenda items that were previously scheduled for consideration. The primary focus was on corporate restructuring and regulatory compliance matters.

Share Capital Restructuring Details

The board approved the increase in authorized share capital with specific amendments to the company's constitutional documents. The revised capital structure reflects the company's growth strategy and financial planning.

Memorandum of Association Amendment

The proposed amendment to Clause V (Capital Clause) in the Memorandum of Association provides comprehensive details about the revised capital structure. The amendment grants the company power to increase and reduce capital, divide shares into several classes, and attach preferential rights, privileges, or conditions as determined by company regulations.

Regulatory Compliance Framework

The company has fulfilled its disclosure obligations under Regulation 30, read with Para A(14) of Part A of Schedule III of the SEBI Listing Regulations. The intimation was made in accordance with Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Company Information

Wardwizard Innovations & Mobility Limited trades on BSE with scrip code 538970 under the script ID WARDINMOBI. The company secretary and compliance officer, Jaya Ashok Bhardwaj, digitally signed the regulatory filing on March 21, 2026.