Announced Fri, 19 Jun · 15:46 IST
Promoter Bharat Mohta to get 14.32% shares as gift from promoter group
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
-2.6%1-day move
₹34.88
prior close
₹33.06
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+2.5+1.9-2.6-5.2-4.4-4.2-4.2-5.4-3.9-4.0——
Up moveDown movePending
AI summary
Promoter Bharat Mohta will receive 91,60,200 equity shares (14.32% of paid-up capital) of The Indian Wood Products Co Ltd as a gift from Savita Mohta, another promoter group member. This is an off-market inter-se transfer with no consideration, exempt under SEBI SAST Regulation 10(1)(a)(ii). Bharat Mohta's individual stake rises from 11.94% to 26.26%, while Savita Mohta's drops to zero. Total promoter group holding stays the same. Transaction to happen on or after June 26, 2026.
Likely market impact
No change in total promoter group ownership or float. Internal reshuffle of shares among promoter family via gift; no open offer triggered.