The Indian Wood Products Co. Ltd. has disclosed to stock exchanges that the Enforcement Directorate (ED) conducted a search operation on December 11, 2025, at its registered office and the residence of its Chairman Managing Director. The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Search Operation Details

The ED search operation covered two locations on December 11, 2025:

Company's Response and Cooperation

The Indian Wood Products Co. Ltd. has stated that it is fully cooperating with the authorities during this investigation. The company has provided all information and documents as required by the Enforcement Directorate. This cooperative approach demonstrates the company's commitment to transparency and compliance with regulatory requirements.

Business Impact Assessment

Management has assessed the potential impact of the search operation on the company's operations:

• No material impact anticipated on business operations
• Financial position expected to remain unaffected
• Day-to-day activities continuing normally
• All operations proceeding in the normal course

Regulatory Compliance and Future Updates

The company has committed to providing further updates as and when required under the SEBI LODR Regulations and other applicable provisions. This disclosure was signed by Company Secretary and Compliance Officer Anup Gupta, ensuring proper regulatory compliance and stakeholder communication.

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.

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.

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.