Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III Part A Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, Please find enclosed herewith copies of newspapers advertisement published on 05th August, 2022 in The Business Standard (English language Newspaper having Nationwide Circulation, Mumbai and Ahmedabad Editions), Free Press Journal (English Newspaper, Mumbai) and Navshakti (Marathi Newspaper, Mumbai), pursuant to Regulation 44(1) & (2), 47 (1) (d) of SEBI (LODR) Regulations, 2015 and Section 108 of The Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended from time to time, as the Company is intimating that 40th Annual General Meeting of the Company will be held on Tuesday, the 30th August, 2022 at 01:00 p.m. IST through video conferencing ('VC')/Other Audio Visual Means ('OAVM'). Thanking you, For Wardwizard Innovations & Mobility Ltd
Dear Sir/ Madam, We wish to inform you that the 40th Annual General Meeting (the 'AGM') of the Members of the Company will be held on Tuesday, 30th August, 2022 at 1:00 p.m. (IST) through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'). Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we are submitting herewith Annual Report of the Company for the Financial Year ended 31st March, 2022 (21-22) comprising of inter-alia, Notice of the 40th Annual General Meeting (AGM) of the Company, Board Report along with its Annexures, Management Discussions & Analysis, Report on Corporate Governance, Business Responsibility Report, Independent Auditor's Report, Audited Financial Statements (Standalone) and all relevant Notes attached thereto, which are also being sent through electronic mode, only to those Members whose email addresses are registered with the Company/ Depository Participant(s).
Dear Sir/Madam, Pursuant to Regulation 47 and 30 of SEBI (LODR), Regulations 2015, as amended time to time, please find enclosed herewith copy of advertisement related to information regarding Annual General Meeting of the Company to be held on Tuesday, 30th August, 2022 through Video Conferencing (VC)/ Other Audio Visual Means (OAVM), published in Business Standard (English Newspaper, Mumbai & Ahmedabad Edition), Free Press Journal (English Newspaper, Mumbai) and Navshakti (Marathi Newspaper, Mumbai) on 03rd August, 2022 Please take above information on record.
Dear Sir/Madam, Pursuant to Regulation 47 of SEBI (LODR) Regulations, please find enclosed herewith copy of the Newspaper Advertisement published in the Business Standard (English Newspaper, Mumbai & Ahmedabad) Free Press Journal (English Newspaper, Mumbai) and Navshakti (Marathi News Paper, Mumbai) on Wednesday, 3rd August 2022 for unaudited standalone financial result for the quarter ended 30th June, 2022. Kindly take the same on record and acknowledge the receipt.
Dear Sir/Madam, We hereby enclose a Press Release 'WardWizard dispatches 2,458 units of electric two-wheelers in July 2022' Kindly take the same on record and acknowledge the receipt. Thanking you, Wardwizard Innovations & Mobility Limited
Dear Sir/Madam, The Company would like to intimate that the Register of Members and Share Transfer Books of the Company shall remain close from 24th August, 2022 to 30th August, 2022 (both day inclusive) for the Purpose of 40th Annual General Meeting (AGM) for the financial year 2021-2022 and Declaration of Final Dividend. Thanking you, Yours faithfully, For Wardwizard Innovations & Mobility Limited
Dear Sir/Madam, The Board of Directors of the Company in its meeting held on 01st August, 2022 has considered and approved the following matters: Standalone unaudited Financial Results for the Quarter ended 30th June, 2022 along with Limited Review Report of the Statutory Auditors. The Limited Review Report is submitted with unmodified opinion (free from any qualifications) and declaration is enclosed. The Board meeting commenced at 01:30 P.M. & concluded at 02:30 P.M. You are requested to take on record the aforesaid information for your reference and record.
Auto components manufacturer Wardwizard Innovations & Mobility announced Q1FY23 results:
Revenue stands at Rs 547.2 million in Q1 of FY23, as against Rs 115.2 million in Q1FY22
Sells more than 8k (8,267) units of electric two-wheelers in Q1FY23 v/s 1,889 in Q1FY22
Profit After Tax (PAT) stands at Rs 20.59 million in Q1FY23 v/s. Rs 7.07 million in Q1FY22. The growth in PAT crossed more than 191.4 %
Earnings Before Interest, Tax, Depreciation, & Amortization (EBITDA) stands at Rs 36.46 million in Q1FY23, as against Rs 10.89 million in Q1FY22. Witnessing a growth of 234.7% in the quarter.
Ms. Sneha Shouche, Chief Financial Officer- Wardwizard Innovations & Mobility Ltd said “With the demand for green mobility increasing, we are observing a positive sales momentum in our entire range of products across markets. As electric vehicles, especially two-wheelers are becoming a part of every household, we are expecting fast pace growth of the industry in the coming quarters. We are committed to revolutionizing mobility across India, and we haven't stopped irrespective of the supply chain constraints. With our multi-vendor strategy, we were able to meet the market demand and begin with the production and deliveries of our newly introduced high-speed electric scooters. As the company is working on the holistic development of the industry, we are focussing on strengthening our EV ancillary with the right partners to bring a prominent solution for the availability of essential raw material and start developing the Li-ion cells in India from next financial year. We are further investing-in R&D— to foster newer segments and diversify our product category and solidify our presence with new touchpoints. With the festive season around the corner, we are expecting a steady sales performance and drive profitable growth.”
Dear Sir/Madam, Pursuant to the Regulation 32 of the SEBI (LODR) Regulation, 2015, as amended, we are enclosing herewith Statement of Deviation(s) and/or Variation(s) of fund raised through Rights Issue for the Quarter ended on 30th June, 2022. Kindly take the same on record and acknowledge the receipt.