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Wardwizard Innovations & Mobility Limited's promoter, Yatin Sanjay Gupte, has pledged 10 lakh (0.1 Cr) equity shares to Blacksoil Capital Private Limited to secure financial assistance. This transaction increases the promoter's encumbered shareholding by 0.33% of the company’s total diluted share capital. Following this, the total encumbered shares held by the promoter group now stand at 4.29 Cr, representing 14.28% of the total diluted share capital. This move indicates the promoter's use of shares as collateral for financing needs, which is a key update for investors monitoring promoter holdings.
All announcements from Wardwizard Innovations & Mobility Ltd