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

Wardwizard Innovations & Mobility's promoter, Mr. Yatin Sanjay Gupte, has pledged 0.49 crore equity shares of the company. These shares were pledged to JJ Fincap Private Limited to secure financial assistance. This transaction increases the promoter's total encumbered shares. Following this, the promoter's encumbered shares now stand at 3.32 crore, representing 12.74% of the total share capital. This move indicates the promoter is leveraging their shareholding for financing, a common practice for funding personal or business needs, which investors should note as it alters the unencumbered holdings.