Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility Limited, has pledged an additional 10,00,000 equity shares to Blacksoil Capital Private Limited. This move comes as part of a financial arrangement to address a shortfall in margin call requirements.

Key Details of the Pledge

Impact on Shareholding

The pledge has resulted in changes to Gupte's shareholding structure:

• Total shareholding remains unchanged at 4,19,46,729 shares (13.95% of total share capital)
• Encumbered shareholding increases to 1,19,46,713 shares (3.97% of total share capital)

Regulatory Compliance

The company has made the necessary disclosures in compliance with:

• Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Additional Context

The pledge was executed to secure financial assistance, as per the terms and conditions agreed between the parties pursuant to the Financing/Credit Facility Agreement. This arrangement ensures compliance with financial obligations and risk mitigation measures required under the agreement.

Wardwizard Innovations & Mobility Limited's board of directors and the BSE Limited have been duly informed of this development through official communications dated November 21, 2025.

It's important to note that while there is no change in the promoter's overall holding, there is an increase in the number of encumbered shares held by the promoter. This transaction falls within the definition of 'encumbrance' as per Chapter V of the Takeover Regulations.

Wardwizard Innovations & Mobility Limited , a company listed on the BSE (Scrip Code: 538970), has recently completed a rights issue that has resulted in a significant change in its shareholding structure. The company's promoters, including Yatin Sanjay Gupte, Wardwizard Solutions India Private Limited, and Garuda Mart India Private Limited, have reported a decrease in their equity shareholding percentages following the allotment of fully paid-up equity shares to public shareholders.

Impact on Share Capital

The rights issue has led to a substantial increase in the company's total equity share capital:

This expansion in the share capital represents an increase of approximately 15.33% in the total number of outstanding shares.

Regulatory Compliance

In compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the promoters have filed the necessary disclosures reporting the change in their shareholding. These disclosures were submitted to both the BSE Limited and the Board of Directors of Wardwizard Innovations & Mobility Limited.

Promoter Actions

Yatin Sanjay Gupte, a key promoter of the company, personally filed a declaration detailing the decrease in his equity shareholding percentage. Similarly, Wardwizard Solutions India Private Limited, another promoter entity, submitted its disclosure regarding the reduction in its shareholding stake.

Implications

The dilution of promoter shareholding as a result of the rights issue indicates an expansion of the company's public float. This could potentially lead to:

1. Increased liquidity in the stock
2. A more diverse shareholder base
3. Possible changes in the company's governance structure

It's important to note that while the promoters' percentage stake has decreased, this is a result of the expansion of the overall share capital rather than a sale of shares by the promoters.

Investors and market participants are advised to take note of this change in the company's capital structure and its potential implications for the stock's trading dynamics and future corporate actions.

The company's management has not provided any commentary on the strategic implications of this change in shareholding structure. Stakeholders may want to watch for any future announcements or disclosures that might shed light on the company's plans following this capital expansion.