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The Indian Wood Products Company LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

The Indian Wood Products Co Ltd's promoter, Bharat Mohta, is acquiring 0.916 Cr equity shares, representing 14.32% of the company's total paid-up share capital. These shares are being transferred as a gift from Mrs. Savita Mohta, also part of the promoter group, with no monetary consideration. This off-market inter-se transfer within the promoter group ensures the overall promoter shareholding percentage remains unchanged. However, Bharat Mohta's individual stake will increase from 11.94% to 26.26%, reflecting an internal family ownership adjustment.

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