Shareholding26 Aug 2026, 01:40 pm
Savita Mohta Gifts 14.32% Stake in Indian Wood Products to Son
AI Summary
Savita Mohta has gifted 9,160,200 equity shares, representing 14.319% of the total equity, in The Indian Wood Products Company Ltd to her son, Bharat Mohta, through an off-market transaction. The transaction, dated August 24, 2026, was disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following the gift, Savita Mohta's direct holding in the company has reduced to 0%, while Bharat Mohta is now a significant shareholder. The total value of the gifted shares is stated as Rs. 12,79,45,440.
Key Highlights
- Savita Mohta transferred 14.319% stake to her son Bharat Mohta.
- The transfer was executed via an off-market gift on August 24, 2026.
- This transaction significantly alters the promoter group's shareholding structure.
- Disclosure made as per SEBI (SAST) Regulations, 2011.
Price Impact
More from IWP