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

01-01-1970 | 12:00 am

Yatin Sanjay Gupte, promoter of Wardwizard Innovations & Mobility Limited, has created a pledge on 35.46 lakh equity shares held by him in the company in favor of Gangabase Barter Private Limited. This pledge secures financial assistance under a Financing/Credit Facility Agreement, helping manage the promoter’s financial obligations and risk. Despite the pledge, Yatin Sanjay Gupte’s total shareholding remains at 24.87%, with the pledged shares representing around 1.36% of the company’s equity. This move indicates the promoter’s leverage strategy to support funding without altering his controlling stake.

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