Indian Wood Products: Promoter Group Share Transfer via Gift
The Indian Wood Products Company Ltd has received intimation from Mr. Bharat Mohta (Promoter Group) regarding an off-market inter-se transfer of 91,60,200 equity shares (14.32% holding) by way of gift from Mrs. Savita Mohta (Promoter Group) to Mr. Bharat Mohta. This transaction, occurring on or after August 22, 2026, is without consideration and falls under the exemption provided by Regulation 10(1)(a)(ii) of SEBI SAST Regulations. The aggregate holding of the promoter and promoter group remains unchanged.
Key Highlights
- Promoter group member Bharat Mohta to acquire 14.32% stake via gift.
- Transaction involves inter-se transfer of shares among promoter group.
- No consideration involved; transfer is by way of gift.
- Aggregate promoter group holding remains unchanged post-transfer.
- Transaction exempt under SEBI SAST Regulations.
Price Impact
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