Wardwizard Innovations Promoter Pledges 10 Lakh Shares for Financial Assistance

Wardwizard Innovations & Mobility , a company listed on the Bombay Stock Exchange (BSE) under the scrip code 538970, has reported a significant corporate action involving its promoter, Yatin Sanjay Gupte. The move involves the pledging of shares to secure financial assistance, potentially impacting the company's shareholding structure.

Key Details of the Share Pledge

Aspect	Details
Promoter Name	Yatin Sanjay Gupte
Number of Shares Pledged	10,00,000 (Ten Lakh)
Pledgee	M/S. Comfort Fincap Limited
Date of Pledge Creation	October 16, 2025
Date of Disclosure	October 18, 2025
Purpose	To secure financial assistance

Impact on Shareholding

The pledge transaction has altered the encumbered shareholding of the promoter:

Shareholding Category	Before Pledge	After Pledge
Total Promoter Holding	4,85,66,153 (18.63%)	4,85,66,153 (18.63%)
Encumbered Shares	4,18,21,729 (16.04%)	4,28,21,729 (16.43%)

Additional Information

The pledge was executed under a Deed of Share Pledge dated September 9, 2025.
The transaction complies with the Securities and Exchange Board of India (SEBI) regulations, specifically the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure was made in accordance with SEBI's Master circular dated February 16, 2023 (reference no. SEBI / HO / CFD / PoD- 1 / P / CIR / 2023 / 31).

This corporate action demonstrates the promoter's strategy to leverage shareholding for financial purposes. While the overall promoter holding remains unchanged, the increase in encumbered shares may be of interest to investors and market analysts monitoring the company's financial activities and promoter confidence.

Investors and stakeholders of Wardwizard Innovations & Mobility may want to keep an eye on further developments related to this financial arrangement and its potential implications for the company's future operations and financial strategy.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.21%	-0.34%	-10.34%	-42.70%	-74.43%	-62.00%

Wardwizard Innovations & Mobility has announced that Wardwizard Solutions India Private Limited has released 15,00,000 pledged shares of the company, as disclosed in a recent regulatory filing. This development follows the full repayment of financial obligations and the subsequent closure of an associated loan agreement between the parties involved.

Key Details of the Share Release

Aspect	Details
Number of Shares Released	15,00,000
Pledgee	Luharuka Media and Infra Ltd.
Reason for Release	Full repayment of financial obligations and loan closure

Impact on Shareholding

The release of pledged shares has resulted in a change in Wardwizard Solutions' encumbered shareholding in Wardwizard Innovations & Mobility. Here's a breakdown of the changes:

Shareholding Type	Before Release	After Release
Encumbered Shares	20,72,926 (0.80%)	5,72,926 (0.22%)
Total Holding	28,92,438 (1.11%)	28,92,438 (1.11%)

It's important to note that while the encumbered shareholding has decreased, Wardwizard Solutions' total holding in Wardwizard Innovations & Mobility remains unchanged at 28,92,438 shares, representing 1.11% of the company.

Regulatory Compliance

The transaction was disclosed in compliance with the Securities and Exchange Board of India (SEBI) takeover regulations, demonstrating the company's commitment to transparency in its financial dealings.

This development may be of interest to investors and market analysts as it reflects a change in the financial obligations of Wardwizard Solutions India Private Limited. The release of pledged shares often indicates an improvement in the pledgor's financial position or a strategic decision regarding asset management.

Investors and stakeholders of Wardwizard Innovations & Mobility may want to monitor any potential market reactions to this news, as changes in pledged shares can sometimes impact market sentiment or trading patterns.