The Indian Wood Products Co. Ltd promoters executed significant shareholding changes on August 24, 2026, involving a large off-market gift and open-market sales.

Savita Mohta gifted 9,160,200 equity shares, representing 14.319% of the company’s total equity, to her son and the company’s Chairman & Managing Director, Bharat Mohta. The transaction was disclosed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Shareholding Changes

Bharat Mohta’s stake increased substantially following the receipt of the gifted shares. His holding rose from 7,637,530 shares (11.939%) to 16,797,730 shares (26.258%). Savita Mohta’s holding decreased from 9,160,200 shares (14.319%) to nil.

Krishna Kumar Mohta, another promoter, sold 61,107 equity shares on the Bombay Stock Exchange over August 24 and 25, 2026. The sales were executed in two tranches: 12,747 shares (0.020%) on August 24 and 48,360 shares (0.075%) on August 25.

His total holding reduced from 2,040,909 shares (3.190%) to 1,979,802 shares (3.095%). The total value of these transactions was reported as ₹2,048,214, excluding taxes and brokerage charges.

Regulatory Exemptions

The acquisition by Bharat Mohta was made in reliance on the exemption provided under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations. This exemption applies to persons named as promoters in the shareholding pattern for not less than three years prior to the proposed acquisition. The initial disclosure was filed with BSE Limited on August 17, 2026, under Regulation 10(5).

What the Numbers Show

The consolidation of promoter holdings is evident in the shift of control within the promoter group. Bharat Mohta’s stake more than doubled to 26.258%, making him the largest individual promoter shareholder following the gift from Savita Mohta. Meanwhile, Krishna Kumar Mohta’s reduction of 0.095% through open-market sales indicates a minor liquidity adjustment rather than a strategic exit, given his retained 3.095% stake.

No derivative transactions were reported by any of the promoters during this period.

Promoter Bharat Mohta acquired 9,160,200 equity shares in The Indian Wood Products Co Ltd from his mother Savita Mohta via an off-market gift on August 24, 2026. The transaction represents 14.319% of the company’s total share capital.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transfer consolidates family holdings within the promoter group.

Gift Transaction Details

Savita Mohta transferred her entire holding of 9,160,200 shares to Bharat Mohta. Consequently, Savita Mohta’s stake fell from 14.319% to 0.00%, while Bharat Mohta’s stake increased from 11.939% to 26.258%.

Promoter Group Holdings

The broader promoter group’s aggregate holding fell from 71.216% to 71.122%. This reduction is driven by the open market sale by another promoter, Krishna Kumar Mohta.

Krishna Kumar Mohta disposed of 61,107 equity shares on August 24 and August 25, 2026, via open market transactions. His stake reduced from 3.190% to 3.095%.

Other entities in the promoter group maintained unchanged stakes. These include Security Company Limited (19.267%), Avanti Mohta (11.765%), Bharat Mohta HUF (7.112%), Indian Glass & Electricals Ltd (1.876%), Arvind Engineering Works Ltd (0.951%), Krishna Kumar Mohta HUF (0.438%), and ACMA Industrial Projects Pvt Ltd (0.360%).