Wardwizard Innovations & Mobility promoter Yatin Sanjay Gupte has reported substantial changes in his pledged shareholdings, as disclosed in recent filings with the BSE.

Pledge Invocation and Release

On August 18, Knab Finance Advisors Private Limited invoked 2,00,000 shares to cover a shortfall in the required margin for a Loan Against Securities facility. This move was executed in accordance with the terms and conditions stipulated in the Loan Against Shares agreement.

In a separate transaction on August 21, Radhamani India Limited released 1,27,90,000 shares following the full repayment of all outstanding dues and financial obligations under their credit facility agreement.

Current Shareholding Status

Following these transactions, Yatin Sanjay Gupte's total shareholding in Wardwizard Innovations & Mobility stands at 3,59,76,153 shares, representing 13.80% of the company's total share capital. Of this, 2,97,43,929 shares (11.41%) remain encumbered.

Previous Pledge Activities

The recent changes follow a series of pledge-related activities reported earlier in August:

• On August 11, Bikewin Trading Private Limited released 21,36,402 shares after the clearance of all outstanding dues on a Loan Against Securities facility.
• On the same day, Knab Finance Advisors Private Limited invoked a pledge on 4,10,000 shares to secure a shortfall margin.
• On August 12, Knab Finance Advisors Private Limited further invoked a pledge on 2,00,926 shares, also to secure a shortfall margin.

Promoter Group Holdings

The filings also reveal holdings of other promoter group entities:

These recent changes in share pledging highlight the dynamic nature of promoter holdings and financial arrangements in Wardwizard Innovations & Mobility. Investors and market watchers will likely keep a close eye on any further developments in the company's shareholding pattern.

Wardwizard Innovations & Mobility promoter Yatin Sanjay Gupte has submitted a revised disclosure to correct inconsistencies in previously reported share encumbrance details. The revision, dated August 25, 2025, addresses transactions that occurred between August 11-12, 2025, and aims to accurately reflect the current encumbrance status of the promoter's shareholding.

Key Details of the Revision

The revised disclosure highlights two significant transactions:

1. Pledge Release: On August 11, 2025, 21,36,402 shares pledged to Bikewin Trading Private Limited were released due to the repayment of a loan.

2. Pledge Invocation: A total of 6,10,926 shares pledged to Knab Finance Advisors Private Limited were invoked to secure shortfall margin. This occurred in two tranches:

   • 4,10,000 shares on August 11, 2025
   • 2,00,926 shares on August 12, 2025

Updated Shareholding Position

Following these transactions, Yatin Gupte's shareholding in Wardwizard Innovations & Mobility has been updated as follows:

Compliance and Transparency

The revised disclosure was submitted in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Gupte stated in the disclosure, "I have reviewed the earlier disclosure and noted the mismatch in the figures relating to encumbered shares, and post-event encumbrance. A revised disclosure has now been submitted to accurately reflect the current encumbrance details."

This correction ensures that investors and regulatory bodies have access to accurate information regarding the promoter's shareholding and encumbrance status in Wardwizard Innovations & Mobility.

The company's total equity share capital remains unchanged at Rs. 26,06,93,900, divided into 260,693,900 equity shares of Re. 1 each.

Wardwizard Innovations & Mobility, listed on the BSE, continues to maintain transparency in its promoter shareholding disclosures, adhering to regulatory requirements and ensuring that the market has access to up-to-date and accurate information.