
Shareholding19 Jun 2026, 03:59 pm
Indian Wood Products: Promoter to acquire 14.32% shares via gift
AI Summary
The Indian Wood Products Company Ltd announced that Mr. Bharat Mohta, a promoter, will acquire 91,60,200 equity shares, representing 14.32% of the company's paid-up share capital, from Mrs. Savita Mohta, also part of the promoter group. This off-market inter-se transfer will occur by way of gift, without any consideration. The transaction is exempt under Regulation 10(1)(a)(ii) of SEBI SAST Regulations, meaning no open offer is required. The overall shareholding of the promoter and promoter group will remain unchanged post-transaction, with the acquisition proposed on or after June 26, 2026.
Key Highlights
- Promoter Mr. Bharat Mohta to acquire 14.32% stake.
- Shares transferred from Mrs. Savita Mohta via gift.
- Inter-se transfer within promoter group, no consideration.
- Transaction exempt from open offer under SEBI SAST Regulations.
- Overall promoter group holding remains unchanged post-transfer.
Price Impact
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