Shareholding25 Feb 2026, 11:50 am
Wardwizard Innovations & Mobility: Blacksoil Capital Invokes Pledge of 2,72,926 Equity Shares
AI Summary
The Exchange has received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Wardwizard Solutions. Blacksoil Capital, as the pledgee, has invoked the pledge of 2,72,926 equity shares held by the promoter of Wardwizard Innovations & Mobility towards securing a Loan Against Securities (Shares) facility. This invocation has been executed in accordance with the terms and conditions stipulated in the Financing/Credit Facility Agreement.
Key Highlights
- Blacksoil Capital invokes pledge of 2,72,926 equity shares held by the promoter of Wardwizard Innovations & Mobility.
- Invocation executed in accordance with the Financing/Credit Facility Agreement.
- Loan Against Securities (Shares) facility secured by the pledgee.
- Wardwizard Solutions is the target company.
- The invocation is likely to fall within the definition of the term 'encumbrance' under Chapter V of the Takeover Regulations.