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

Wardwizard Solutions India Private Limited, along with its Person Acting in Concert, Yatin Sanjay Gupte, reported a decrease in their combined shareholding percentage in Wardwizard Innovations & Mobility. This occurred because of a recent Rights Issue, which saw new shares allotted to public shareholders and expanded the company's total share capital from Rs. 26.07 Cr to Rs. 30.08 Cr. While their absolute number of shares remained constant at 5,14,58,591, their proportionate stake was diluted from 19.74% to 17.11% due to the larger total share base. This change reflects the dilution impact of the Rights Issue on promoter holding.