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

Promoter Yatin Sanjay Gupte has disclosed a passive dilution of his stake in Wardwizard Innovations & Mobility Limited, dropping from 19.74% to 17.11%. This change wasn't due to a sale but resulted from the company's recent Rights Issue, which saw new shares allotted to public shareholders. While the promoter's absolute number of shares remained constant at 5,14,58,591, the company's total equity capital increased from Rs. 26.07 Cr to Rs. 30.08 Cr. This dilution impacts the promoter's overall percentage ownership.