Wardwizard Innovations & Mobility Ltd — Important, 25-09-2025: Company Update

Wardwizard Innovations & Mobility has announced a Rights Issue to fund its significant Electric Vehicle agreement with the Philippines. This capital infusion will support the initial dispatch of 4,500 electric two, three, and four-wheelers, valued at approximately USD 30.6 million, with deliveries scheduled by June 2026. This marks a pivotal step in executing the USD 1.29 Billion agreement. Management is also exploring additional funding to ensure timely deliveries, maintain quality, and support long-term growth and operational resilience, positioning the company to capture emerging opportunities.