Krishna Kumar Mohta Extends Share Acquisition Streak in Indian Wood Products

2 min read     Updated on 07 Mar 2026, 12:31 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Krishna Kumar Mohta, promoter of The Indian Wood Products Co Ltd, completed his fourth consecutive share acquisition by purchasing 15,000 equity shares (0.024%) on March 6, 2026. His individual shareholding increased to 3.229%, while the total promoter group holding reached 71.254%. The cumulative acquisitions over eight days totaled 86,107 shares worth 0.134% of the company's equity capital.

33820175

*this image is generated using AI for illustrative purposes only.

The Indian Wood Products Co Ltd promoter Krishna Kumar Mohta has filed his fourth regulatory disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following another acquisition of equity shares. The latest disclosure was submitted to BSE Limited on March 7, 2026, detailing the open market purchase completed on March 6, 2026.

Latest Transaction Details

Krishna Kumar Mohta acquired 15,000 equity shares representing 0.024% of the company's total shareholding through open market transactions on March 6, 2026. This marks his fourth consecutive acquisition within a span of eight days, demonstrating sustained confidence in the company's prospects.

Parameter: March 6 Transaction March 5 Transaction March 2 Transaction February 27 Transaction
Shares Acquired: 15,000 22,705 20,678 27,724
Percentage of Total Capital: 0.024% 0.035% 0.032% 0.043%
Acquisition Date: March 6, 2026 March 5, 2026 March 2, 2026 February 27, 2026
Mode of Acquisition: Open Market Open Market Open Market Open Market
Disclosure Date: March 7, 2026 March 6, 2026 March 2, 2026 February 28, 2026

Updated Shareholding Pattern

Following the latest acquisition, Krishna Kumar Mohta's individual shareholding has increased from 3.205% to 3.229%. The cumulative effect of all four recent transactions shows a progressive increase in the promoter's stake in the company.

Holding Period: Number of Shares Percentage
Before February 27 Acquisition: 1,979,802 3.095%
After February 27 Acquisition: 2,007,526 3.138%
After March 2 Acquisition: 2,028,204 3.170%
After March 5 Acquisition: 2,050,909 3.205%
After March 6 Acquisition: 2,065,909 3.229%
Total Shares Acquired: 86,107 0.134%

Promoter Group Holdings

The complete promoter group shareholding structure shows a marginal increase following the latest transaction. The total promoter group holding has increased to 71.254% from the previous 71.230%.

Promoter Name: Number of Shares Percentage
Krishna Kumar Mohta: 2,065,909 3.229%
Krishna Kumar Mohta (HUF): 280,000 0.438%
Bharat Mohta: 7,637,530 11.939%
Bharat Mohta HUF: 4,550,000 7.112%
Savita Mohta: 9,160,200 14.319%
Avanti Mohta: 7,526,160 11.765%
Security Company Limited: 12,325,442 19.267%
Arvind Engineering Works Ltd: 608,400 0.950%
Indian Glass & Electricals Ltd: 1,200,000 1.875%
ACMA Industrial Projects Pvt Ltd: 230,124 0.360%
Total Promoter Group: 45,583,765 71.254%

Company Capital Structure

The Indian Wood Products Co Ltd maintains its existing equity share capital structure with no changes following these transactions. The company's shares continue to be listed on BSE Limited.

Parameter: Details
Total Equity Share Capital: ₹12,79,45,440
Number of Equity Shares: 63,972,720
Face Value per Share: ₹2.00
Listing Exchange: BSE Limited
Scrip Code: 540954

The disclosure filing includes comprehensive details of the promoter group's shareholding pattern and confirms compliance with SEBI regulations. These routine market purchases reflect the promoter's ongoing commitment to the company while maintaining transparency through proper regulatory disclosures.

Historical Stock Returns for Indian Wood Products

1 Day5 Days1 Month6 Months1 Year5 Years
-4.10%-6.51%-4.45%-19.10%-8.75%-19.49%

Indian Wood Products Announces Postal Ballot Results with 99.99% Approval

1 min read     Updated on 20 Dec 2025, 01:16 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

The Indian Wood Products Co. Ltd. successfully concluded its postal ballot process with overwhelming shareholder support, achieving 99.99% approval for leadership transition and strategic consultant appointment. The company received 4,58,52,662 valid votes from 14,876 shareholders, approving Mr. Bharat Mohta's elevation to Chairman and Managing Director role and Mr. Krishna Kumar Mohta's three-year consultancy appointment.

25174302

*this image is generated using AI for illustrative purposes only.

The Indian Wood Products Co. Ltd. has successfully concluded its postal ballot process, with shareholders overwhelmingly approving both proposed resolutions with a 99.99% majority. The company announced the voting results on December 20, 2025, following the completion of the e-voting period that concluded on December 19, 2025.

Voting Results and Participation

The postal ballot process witnessed significant shareholder participation, with detailed results scrutinized by Mr. Md. Shahnawaz of M/s. M Shahnawaz Associates, the appointed scrutinizer. The voting was conducted exclusively through electronic means via the NSDL e-voting platform.

Parameter: Details
Total Shareholders on Record: 14,876
Voting Period: November 20 - December 19, 2025
Total Valid Votes: 4,58,52,662
Approval Rate: 99.99%

Leadership Transition Approved

Shareholders approved the re-designation of Mr. Bharat Mohta (DIN: 00392090) from Whole Time Director and CEO to Chairman and Managing Director, effective from November 15, 2025. This transition follows Mr. Krishna Kumar Mohta's decision to step down from his position due to advanced age.

Strategic Consultancy Appointment

The second resolution, approving the appointment of Mr. Krishna Kumar Mohta as Senior Strategic Consultant, also received overwhelming support. This related party transaction involves an annual remuneration of ₹10.00 lakhs for a three-year period, ensuring the company retains his strategic expertise during the leadership transition.

Regulatory Compliance and Process

The postal ballot was conducted in accordance with Section 110 of the Companies Act 2013 and the Companies (Management Administration) Rules 2014. The company completed the electronic dispatch of postal ballot notices on November 19, 2025, to shareholders whose names appeared in the Register of Members as of the cut-off date of November 7, 2025.

Resolution Details: Votes For Votes Against Approval Rate
Leadership Transition: 4,58,48,702 3,960 99.99%
Strategic Consultant: 4,58,48,702 3,960 99.99%

The results have been disclosed to BSE Limited under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and are displayed at the company's registered office and website for stakeholder access.

Historical Stock Returns for Indian Wood Products

1 Day5 Days1 Month6 Months1 Year5 Years
-4.10%-6.51%-4.45%-19.10%-8.75%-19.49%

More News on Indian Wood Products

1 Year Returns:-8.75%