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Latest news about Wardwizard Innovations & Mobility

Wardwizard Innovations Approves ₹487.5 Million Rights Issue 8 hours ago Yesterday

Wardwizard Innovations & Mobility Limited is offering a rights issue of 44.3 million shares valued at ₹487.5 million. The issue price is set at ₹11 per share, with a rights entitlement ratio of 17:100. The issue opens on September 26, 2025, and closes on October 7, 2025, with the record date set for September 19, 2025. The company has made arrangements with NSDL and CDSL for crediting Rights Entitlement to eligible shareholders' demat accounts.

Wardwizard Innovations Promoter Pledges 49 Lakh Shares to JJ Fincap for Financial Assistance 2 days ago

Wardwizard Innovations & Mobility Approves Acquisition of Wardwizard Renewable Energy 9 days ago

Wardwizard Innovations Promoter's Shares See Pledge Invocation and Release Aug 28, 2025

Wardwizard Innovations Promoter Reports Significant Share Pledge Changes Aug 26, 2025

More news about Wardwizard Innovations & Mobility

25Aug 25

Wardwizard Promoter Yatin Gupte Revises Share Pledge Disclosure, Correcting Earlier Inconsistencies

Yatin Sanjay Gupte, promoter of Wardwizard Innovations & Mobility, submitted a revised disclosure on August 25, 2025, to correct inconsistencies in previously reported share encumbrance details. The revision addresses transactions from August 11-12, 2025, including a pledge release of 21,36,402 shares and a pledge invocation of 6,10,926 shares. Post-revision, Gupte's total shareholding is 3,59,76,153 (13.80%), with encumbered shares at 2,97,43,929 (11.41%). The correction ensures accurate information for investors and regulatory bodies regarding the promoter's shareholding and encumbrance status.

25Aug 25

Wardwizard Innovations Partners with Battery Smart for EV Swappable Battery Technology

Wardwizard Innovations & Mobility has formed a strategic partnership with Battery Smart to develop swappable battery technology for electric vehicles. This collaboration aims to advance EV infrastructure in India by addressing charging time and range anxiety issues. The technology allows quick battery exchanges, potentially reducing charging time, extending vehicle range, and lowering initial EV costs. This partnership could accelerate EV adoption, expand infrastructure, and drive technological innovation in the Indian EV market.

23Aug 25

Wardwizard Innovations Partners with Battery Smart to Revolutionize EV Market with Swappable Battery Technology

Wardwizard Innovations & Mobility Limited has partnered with Battery Smart to introduce swappable battery technology for electric two-wheelers. The collaboration aims to reduce EV costs by 20-30% through a 'battery-as-a-service' model, allowing customers to purchase Joy e-bikes without batteries and rent them on a pay-as-you-use basis. Battery Smart will set up swapping infrastructure across Joy e-bike dealerships, with nationwide rollout scheduled for January 2026. The partnership addresses key EV adoption challenges like high costs and range anxiety.

18Aug 25

Wardwizard Innovations: Promoter Yatin Gupte's Share Pledges Undergo Significant Changes

Wardwizard Innovations & Mobility's promoter, Yatin Sanjay Gupte, experienced substantial changes in pledged shares on August 11 and 12, 2025. 21,36,402 shares were released from Bikewin Trading Private Limited, while 6,10,926 shares were invoked by Knab Finance Advisors Private Limited. As a result, Gupte's total shareholding increased from 13.21% to 13.80%, while encumbered shares decreased from 11.64% to 10.59% of total equity. The company's total equity capital remains at Rs. 26,06,93,900.

06Aug 25

Wardwizard Innovations & Mobility Reports 15.47% YoY EBITDA Growth in Q1 FY2026

Wardwizard Innovations & Mobility Limited announced Q1 FY2026 results with consolidated EBITDA growth of 15.47% YoY to ₹86.47 crore, despite a 28.29% decline in total revenues. The company secured a 2,500-unit order from SpeedforceEV and signed an MoU with XiCon International for 7,500 electric scooter leases. Mr. Shaileshbha Ramoliya Nathabhai was appointed as Associate VP for 3W Factory Operations. Management expressed optimism for improved performance in upcoming quarters, citing the approaching festive season and strategic initiatives.

31Jul 25

Wardwizard Innovations Promoter Yatin Gupte's 3 Lakh Pledged Shares Invoked by KNAB Finance

KNAB Finance Advisors invoked 3,00,000 pledged equity shares of Wardwizard Innovations & Mobility Limited's promoter Yatin Sanjay Gupte on July 24, 2023. This reduced Gupte's shareholding from 13.33% to 13.21% and encumbered shares from 11.76% to 11.64%. The invocation was part of a Loan Against Securities facility agreement. The company's total equity share capital remains unchanged at Rs. 26,06,93,900.

29Jul 25

Wardwizard Innovations Promoter's 3 Lakh Shares Pledged to KNAB Finance

Yatin Sanjay Gupte, a key promoter of Wardwizard Innovations & Mobility Limited, reported the invocation of pledge on 3,00,000 equity shares by KNAB Finance Advisors Private Limited on July 24, 2025. This was part of a Loan Against Securities facility. Post-invocation, Gupte's total holding stands at 3,47,50,677 shares (13.33% of total share capital), with 3,03,54,855 shares (11.64%) encumbered. The invocation was to fulfill financial obligations under the credit facility agreement. Gupte has submitted the required disclosure to BSE and the company's board in compliance with SEBI regulations.

28May 25

Wardwizard Innovations & Mobility Inks MoU for 7,500 Electric Scooter Lease Deal

Wardwizard Innovations & Mobility has signed an MoU with Xicon International to lease 7,500 electric scooters. This strategic partnership aims to expand Wardwizard's presence in the EV market, potentially increasing its fleet deployment, revenue stream, and brand visibility. The move aligns with the growing trend of EV adoption in India and could pave the way for future growth opportunities in the EV leasing market.

02May 25

Wardwizard Innovations & Mobility Reports Mixed Q4 Results: Profit Up, Revenue Down

Wardwizard Innovations & Mobility, an EV industry player, released Q4 financial results showing increased profitability but decreased revenue. Net profit surged 51.64% year-over-year to ₹64.90 crore, while revenue declined 14.84% to ₹109.00 crore compared to the same quarter last year. The contrasting trends suggest improved operational efficiency amid potential market challenges.

01May 25

Wardwizard Innovations & Mobility Reports Strong Q4 FY25 Performance with 87% EBITDA Growth

Wardwizard Innovations & Mobility Limited announced its Q4 and FY25 results, showing improved profitability despite a slight revenue decline. Q4 FY25 saw revenue decrease by 14.86% to ₹109.07 crore, but EBITDA increased by 86.76% to ₹18.83 crore. The EBITDA margin expanded to 17.26%, and net profit rose by 62.21% to ₹6.45 crore. For FY25, annual revenue slightly decreased to ₹304.94 crore, while EBITDA increased by 13.88%. The company expanded its EV presence, launched new products, and formed strategic partnerships. A final dividend of ₹0.10 per share was recommended.

21Apr 25

Wardwizard Innovations & Mobility Slashes Prices on Joy E-bike Models by Up to ₹13,000

Wardwizard Innovations & Mobility has announced significant price reductions of up to ₹13,000 across its Joy E-bike models. This strategic move aims to increase market share, boost sales volume, and promote electric mobility in India. The price cut is expected to make electric two-wheelers more accessible to a wider range of consumers and could potentially influence pricing strategies across the electric vehicle industry.

18Apr 25

Wardwizard Innovations & Mobility Slashes Prices on Joy E-Bike Models by Up to ₹13,000

Wardwizard Innovations & Mobility Limited has announced significant price reductions across its Joy E-Bike models, cutting prices by up to ₹13,000 on selected models. The price reduction applies to several popular models including WOLF 31AH, GENNEXT 31AH, GEN NEXT NANU PLUS, WOLF PLUS, GEN NEXT NANU ECO, and WOLF ECO. This strategic move aims to make electric mobility more accessible and accelerate EV adoption in India. Wardwizard, operating under Joy e-bike and Joy e-rik brands, is expanding its reach beyond the current 400 cities across India.

27Mar 25

Wardwizard Innovations Accelerates EV Expansion with 400 Electric Two-Wheelers Deployment and Strategic Partnerships

Wardwizard Innovations & Mobility Limited is deploying 400 electric two-wheelers across Kolkata, Pune, and Ahmedabad, partnering with SpeedForcEV. The company is also entering the ride-hailing sector with 200 L5 passenger electric three-wheelers in Maharashtra. Wardwizard aims to deploy 5000 L5 Passenger electric three-wheelers in FY 25-26 across India. The company has partnered with AmpVolts to strengthen EV charging infrastructure. Promoters have initiated a fund infusion to support growth initiatives and enhance operational capabilities.

21Mar 25

Wardwizard Innovations & Mobility to Consider Convertible Loans in Upcoming Board Meeting

Wardwizard Innovations & Mobility Ltd has scheduled a board meeting for March 28, 2025, to discuss raising convertible loans, both secured and unsecured. The meeting will also address material related party transactions, postal ballot procedures, and the appointment of a scrutinizer. These decisions could potentially impact the company's financial structure and future funding strategies, particularly in the competitive electric vehicle market where Wardwizard operates with its 'Joy e-bike' brand.

11Mar 25

Wardwizard Innovations Bolsters Philippines EV Partnership with New Three-Wheeler Dispatch

Wardwizard Innovations & Mobility Limited has dispatched additional electric three-wheelers to the Philippines as part of its $1.29 billion partnership with Beulah International Development Corporation. The shipment includes four customized models: two passenger versions with different capacities, a face-to-face seating model, and a cargo/loader variant. These vehicles will undergo testing to ensure compliance with local standards. This follows the initial e-Trike model shipment in Q3 FY 2024-25. The partnership aims to modernize public transport in the Philippines with various electric vehicle types, including two-wheelers and commercial four-wheelers.

10Mar 25

Wardwizard Innovations Bolsters Philippines EV Partnership with New Three-Wheeler Shipment

Wardwizard Innovations & Mobility Limited has dispatched additional electric three-wheelers to the Philippines, advancing its $1.29 billion partnership with Beulah International Development Corporation. The shipment includes four customized models: a light urban commuter, a heavy version, a shared mobility solution, and a cargo/loader. These vehicles will undergo testing for compliance with local standards. This follows the initial e-Trike delivery in Q3 FY 2024-25, demonstrating progress in their partnership to modernize Philippine public transport with EVs.