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Promoter Yatin Sanjay Gupte has revoked pledges on a total of 86,03,340 equity shares held in Wardwizard Innovations & Mobility Limited, previously pledged with Bikewin Trading Private Limited and Yoginkumar Ashokbhai Patel. Additionally, Gupte sold 57,20,000 shares through on-market transactions. Post these transactions, his shareholding stands at 5.5 Cr shares (21.12%), with 5.19 Cr shares still pledged (19.94%). The pledge revocation and share sales indicate deleveraging and partial exit of encumbered shares, which could improve financial flexibility and market perception for shareholders.
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