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

Wardwizard Innovations & Mobility's promoters have disclosed a decrease in their collective shareholding percentage. This change is a result of the recent Rights Issue, which led to the allotment of new shares to public shareholders and consequently increased the company's total equity capital from approximately 26.07 Cr to 30.08 Cr. Individual promoter holdings, such as Yatin Sanjay Gupte's, saw a percentage decrease from 18.63% to 16.14%. This reflects a dilution of the promoters' relative stake in the company due to the expanded equity base following the Rights Issue.