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

01-01-1970 | 12:00 am

Wardwizard Innovations & Mobility Limited's promoter, Yatin Sanjay Gupte, has pledged 0.40 crore equity shares. These shares, in two tranches of 0.20 crore each, secure financial assistance for credit facility agreements from Comfort Fincap Limited and Radhasoami Resources Limited. This transaction increases the promoter's total encumbered shares from 2.36 crore (7.84% of total share capital) to 2.76 crore (9.17%). This signals the promoter utilizing shares as collateral for financing, a key update for shareholders regarding potential liquidity needs.

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