Wardwizard Innovations Promoter Faces Pledge Invocation of 20 Lakh Shares by JM Financial Services

Wardwizard Innovations & Mobility Limited has disclosed that its promoter Yatin Sanjay Gupta faced invocation of pledged shares by JM Financial Services Limited due to a margin shortfall. The company filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on January 13, 2026.

Pledge Invocation Details

The pledge invocation occurred on January 9, 2026, involving 20,00,000 equity shares of Wardwizard Innovations. The transaction was necessitated by a shortfall in the required margin maintained with the lender.

Parameter:	Details
Lender:	JM Financial Services Limited
Shares Invoked:	20,00,000
Transaction Date:	January 9, 2026
Reason:	Securing Shortfall Margin
Transaction Type:	Pledge Invocation

Impact on Promoter Holdings

The pledge invocation significantly affected Yatin Sanjay Gupta's shareholding pattern in the company. His voting rights decreased following the invocation, while his encumbered shares also reduced proportionally.

Shareholding Details:	Before Invocation	After Invocation	Change
Voting Shares:	2,92,11,314 (9.71%)	2,72,11,314 (9.05%)	-20,00,000 (-0.66%)
Encumbered Shares:	2,75,91,890 (9.17%)	2,55,91,890 (8.51%)	-20,00,000 (-0.66%)
Total Holdings:	3,21,03,752 (10.67%)	3,01,03,752 (10.01%)	-20,00,000 (-0.66%)

Company Structure and Compliance

Wardwizard Innovations maintains its registered office at Office No 4604, 46th Floor, Kohinoor Square, Kelkar Marg, Shivaji Park, Dadar (West), Mumbai. The corporate office is located at Survey 26/2, Opp. Pooja Farm, Sayajipura, Ajwa Road, Vadodara, Gujarat. The company's shares are listed on BSE Limited under scrip code 538970.

The disclosure was signed by Company Secretary and Compliance Officer Jaya Ashok Bhardwaj on behalf of the company. Yatin Sanjay Gupta, identified as a promoter, also signed the required declarations from Vadodara on January 13, 2026. The company's equity share capital remains unchanged at ₹30,08,17,446 divided into 30,08,17,446 equity shares of ₹1.00 each.

Regulatory Framework

The disclosure was made pursuant to SEBI regulations that mandate reporting of substantial changes in shareholding patterns. Wardwizard Solutions India Private Limited is identified as a Person Acting in Concert (PAC) with the promoter, holding 28,92,438 shares representing 0.96% of the total share capital. The regulatory filing ensures transparency in corporate ownership changes and protects investor interests through timely disclosure of material events.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+19.87%	+4.47%	+4.47%	-46.49%	-77.81%	-85.46%

Wardwizard Innovations & Mobility Limited has disclosed that its promoter Yatin Sanjay Gupta faced invocation of pledged shares by JM Financial Services Limited on January 9, 2026. The company filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on January 13, 2026.

Pledge Invocation Details

The pledge invocation involved 20,00,000 equity shares of Wardwizard Innovations & Mobility Limited. The transaction occurred due to a shortfall in the required margin, leading JM Financial Services Limited to invoke the pledged securities.

Parameter:	Details
Shares Invoked:	20,00,000 equity shares
Date of Invocation:	January 9, 2026
Lender:	JM Financial Services Limited
Reason:	Shortfall in required margin
Percentage of Total Capital:	0.66%

Impact on Promoter Holdings

Following the pledge invocation, Yatin Sanjay Gupta's shareholding pattern underwent significant changes. His direct voting rights decreased while his encumbered shareholding also reduced proportionally.

Shareholding Category:	Before Invocation	After Invocation	Change
Direct Voting Rights:	2,92,11,314 shares (9.71%)	2,72,11,314 shares (9.05%)	-20,00,000 shares (-0.66%)
Encumbered Shares:	2,75,91,890 shares (9.17%)	2,55,91,890 shares (8.51%)	-20,00,000 shares (-0.66%)
Total Holdings:	3,21,03,752 shares (10.67%)	3,01,03,752 shares (10.01%)	-20,00,000 shares (-0.66%)

Regulatory Compliance

The disclosure was made pursuant to SEBI regulations governing substantial acquisition of shares and takeovers. Company Secretary and Compliance Officer Jaya Ashok Bhardwaj signed the filing on behalf of Wardwizard Innovations & Mobility Limited.

The company's equity share capital remains unchanged at ₹30,08,17,446.00, divided into 30,08,17,446 equity shares of ₹1.00 each. Wardwizard Innovations & Mobility Limited is listed on BSE Limited with scrip code 538970.

Promoter Group Structure

Yatin Sanjay Gupta operates as the primary promoter alongside Wardwizard Solutions India Private Limited as a Person Acting in Concert (PAC). The PAC entity holds 28,92,438 shares representing 0.96% of the total voting capital, which remained unchanged following the pledge invocation.