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Wardwizard Innovations & Mobility LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Promoter Yatin Sanjay Gupte has pledged an additional 16 lakh equity shares of Wardwizard Innovations & Mobility Limited with Bikewin Trading Private Limited to cover a shortfall in a margin call linked to an existing loan arrangement. Post this pledge, the total encumbered shares by the promoter stand at approximately 4.4 crore (16.87% of total share capital). This move reflects the promoter’s ongoing efforts to manage financial obligations under existing credit facilities, which may impact share liquidity. Investors should note the increased encumbrance as it relates to the promoter’s stake in the company.

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