Quarterly Updates25 Feb 2026, 12:39 pm
Promoter Yatin Sanjay Gupte Invokes Pledge of Shares in Wardwizard Innovations & Mobility Ltd for Loan Against Securities Facility
AI Summary
Wardwizard Innovations & Mobility Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Yatin Sanjay Gupte. The disclosure pertains to the invocation of pledge held by the Promoter of the Target Company towards a Loan Against Securities (Shares) facility. The invocation has been executed in accordance with the terms and conditions stipulated in the Financing/Credit Facility Agreement entered into between the parties. The transaction involves the invocation of pledge by Blacksoil Capital Private Limited over 34,91,890 equity shares held by the Promoter in Wardwizard Innovations & Mobility Ltd.
Key Highlights
- Yatin Sanjay Gupte invokes pledge of shares in Wardwizard Innovations & Mobility Ltd for Loan Against Securities facility.
- The invocation of pledge involves 34,91,890 equity shares held by the Promoter in Wardwizard Innovations & Mobility Ltd.
- The invocation has been executed in accordance with the terms and conditions stipulated in the Financing/Credit Facility Agreement.
- The transaction is valued at Rs. 30,08,17,446/- divided into 30,08,17,446 equity shares of Re. 1/- each.
- The transaction is executed by Blacksoil Capital Private Limited as the Pledgee.