Wardwizard Innovations & Mobility promoter Yatin Sanjay Gupte has submitted revised disclosures to correct inconsistencies in previously reported encumbered shares figures. The revision covers two separate pledge transactions as well as a new pledge transaction:

Pledge Details

• 49.00 lakh shares pledged to JJ Fincap Private Limited
• 50.00 lakh shares pledged to Yoginkumar Ashokbhai Patel
• 30.00 lakh shares pledged to M/S. Comfort Fincap Limited

All pledges were created to secure loan against securities facilities or financial assistance.

Shareholding Structure

After these transactions, Gupte's shareholding structure stands as follows:

The company's total share capital remains unchanged at 260,693,900 equity shares of Re. 1 each.

Significance

These revised disclosures provide a more accurate picture of Gupte's shareholding in Wardwizard Innovations & Mobility, a prominent player in the electric vehicle industry. The revisions highlight the importance of accurate and timely reporting of share pledges and encumbrances, as required by SEBI regulations.

Wardwizard Innovations & Mobility , a company listed on the BSE (Scrip Code: 538970), has reported a significant share pledge by one of its promoters. Yatin Sanjay Gupte, a key promoter of the company, has pledged 50,00,000 equity shares, representing 1.92% of the total share capital, in favor of Yoginkumar Ashokbhai Patel on September 9, 2025.

Details of the Pledge

The pledge was created as collateral for financial assistance availed against securities. This transaction has resulted in an increase in Gupte's total encumbered shareholding, which now stands at 3,82,01,729 shares, or 14.65% of the company's share capital.

Promoter's Shareholding

Despite this pledge, Yatin Sanjay Gupte's overall promoter holding in Wardwizard Innovations & Mobility remains unchanged at 4,85,66,153 shares, representing 18.63% of the total share capital.

Regulatory Compliance

In compliance with SEBI regulations, specifically Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Gupte has duly informed the BSE Limited and the company's board of directors about this transaction.

Other Promoter Holdings

The LODR data also provides information on other promoter group holdings:

Implications

This pledge transaction highlights the ongoing financial activities within the promoter group of Wardwizard Innovations & Mobility. While it doesn't affect the overall promoter holding, it does increase the proportion of encumbered shares held by Yatin Sanjay Gupte, a key figure in the company's ownership structure.

Investors and market watchers may want to keep an eye on further developments related to promoter shareholdings and pledges, as these can sometimes indicate the financial strategies or needs of the company's major stakeholders.