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

Wardwizard Innovations & Mobility's promoter, Mr. Yatin Sanjay Gupte, has pledged 4 Cr shares of the company. These shares were pledged in two tranches, 20 lakh each, to secure financial assistance from Comfort Fincap Limited and Radhasoami Resources Limited. This move increases the total number of promoter shares under encumbrance, which is a common practice to raise funds but means a higher percentage of the promoter's stake is now pledged against loans.