ALPHA TRIBE

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

01-01-1970 | 12:00 am

Wardwizard Innovations & Mobility's promoter, Yatin Sanjay Gupte, filed a revised disclosure clarifying past reports on pledged shares. The promoter's total shareholding significantly increased from 3.45 Cr to 4.86 Cr shares. This rise primarily stems from the return of 1.49 Cr previously invoked shares by lenders after dues recovery. During the same period, 0.08 Cr shares were newly invoked by lenders to secure loan facilities. Consequently, the promoter's total encumbered shares saw a minor reduction from 3.04 Cr to 2.95 Cr. This indicates an overall increase in the promoter's stake with a relatively lower proportion of their total holding remaining encumbered.

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