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Wardwizard Innovations & Mobility Limited's promoter, Mr. Yatin Sanjay Gupte, has submitted revised disclosures concerning his shareholdings. The update rectifies previous reporting inconsistencies and confirms the creation of two new share pledges. First, 4.9 Cr equity shares were pledged to JJ Fincap Private Limited, followed by another pledge of 5.0 Cr equity shares to Yoginkumar Ashokbhai Patel. These pledges secure financial assistance against shares. As a result, the promoter's total encumbered shareholding now stands at 3.81 Cr shares, representing 14.62% of the company's total share capital, an increase from previous levels. This indicates the promoter leveraging their equity for financing.
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