Pledge28 March 2026 at 07:31 am
Promoter Yatin Sanjay Gupte Creates Pledge on Shares of Wardwizard Innovations & Mobility Ltd
AI Summary
In accordance with Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Wardwizard Innovations & Mobility Ltd received a disclosure from promoter Yatin Sanjay Gupte regarding the creation of a pledge on the shares of the company. The pledge was created in favor of Comfort Securities Limited, secured by 10,00,000 equity shares held by the promoter, to secure the shortfall in the margin call as per the terms and conditions agreed between the parties. The pledged shares represent 0.33% of the total share capital of the company.
Key Highlights
- Promoter Yatin Sanjay Gupte creates a pledge on 10,00,000 equity shares of Wardwizard Innovations & Mobility Ltd in favor of Comfort Securities Limited.
- The pledge is created to secure the shortfall in the margin call as per the terms and conditions agreed between the parties.
- The pledged shares represent 0.33% of the total share capital of Wardwizard Innovations & Mobility Ltd.
- The disclosure has been made in accordance with Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The pledge is created to ensure compliance with financial obligations and risk mitigation measures required under the arrangement.