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

Wardwizard Innovations & Mobility's promoter, Yatin Sanjay Gupte, has disclosed the creation of an additional pledge of 0.10 Cr equity shares. These shares were pledged to Blacksoil Capital Private Limited to secure financial assistance and address a shortfall in a margin call on an existing loan. This transaction increases Gupte's encumbered shareholding by 0.33% of the company's total share capital, bringing his total pledged shares to 4.29 Cr, or 14.28% of the company. This move is significant for stakeholders as it relates to the promoter's collateral for borrowings.