Announced Fri, 11 Sept, 2026 · 11:05 IST
Promoter Bharat Mohta receives 14.32% shares as gift from mother
Promoter Stake BuyPromoter Stake Sell 1pctCreeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing
IWP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹34.27
prior close
₹33.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——+0.3+0.5+0.1+0.2+1.3+1.4-0.8+1.4+10.2———
Up moveDown movePending
AI summary
Bharat Mohta, promoter and director of Indian Wood Products Co Ltd, received 91,60,200 equity shares (14.32% of capital) as a gift from his mother Savita Mohta on 24 August 2026 at nil consideration. This is an inter-se transfer between immediate relatives under Regulation 10(1)(a)(i) of SEBI SAST Rules. Bharat Mohta's individual stake rose from 11.94% to 26.26%. Savita Mohta fully exited. Total promoter group holding stayed unchanged at about 71.12%.
Likely market impact
No change in overall promoter control, just a family reshuffle. Neutral for shareholders; consolidates individual stake in one family member.