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

01-01-1970 | 12:00 am

Bharat Mohta, a promoter of The Indian Wood Products Co Ltd, has acquired 9,160,200 equity shares, representing 14.319% of the company. This was an internal transfer by way of a gift from Savita Mohta, another promoter, and involved no consideration. This acquisition increases Bharat Mohta's total shareholding from 11.939% to 26.258%, consolidating a significant portion of the promoter stake under his name. This internal shift in ownership within the promoter group ensures continued stability without impacting public shareholding or requiring an open offer.

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