Key Quantitative Figures

  • Number of shares transferred: 9,160,200 equity shares
  • Percentage of total paid-up capital: 14.32%
  • Acquisition price: Nil (gift transfer)
  • SEBI filing fee: ₹1,50,000 + ₹27,000 GST (18%) = ₹1,77,000
  • Total paid-up share capital of company: ₹12,79,45,440 (63,972,720 equity shares of ₹2 each)

Dates of Action

  • Gift Deed execution: 24 August 2026
  • DIS (Delivery Instruction Slip) deposit with HDFC Securities: 24 August 2026
  • Regulation 10(5) prior intimation to BSE: 17 August 2026
  • Regulation 10(6) post-acquisition intimation to BSE: 27 August 2026
  • Regulation 29(2) disclosures by both parties: 26 August 2026
  • SEBI fee payment: 31 August 2026 (NEFT UTR: BARBW26244713574)
  • SEBI report filing: 10 September 2026

Parties Involved

  • Acquirer/Transferee: Bharat Mohta (Promoter and Director)
  • Transferor/Seller: Savita Mohta (Mother of acquirer)
  • Target Company: The Indian Wood Products Co Ltd (BSE Scrip Code: 540954)
  • Regulatory authorities: SEBI, BSE Limited
  • Depository: HDFC Securities Ltd
  • Bank: Bank of Baroda, Brabourne Road Branch, Kolkata

Shareholding Impact

Pre-Transaction Holdings (as of 24 August 2026):

  • Bharat Mohta: 7,637,530 shares (11.94%)
  • Savita Mohta: 9,160,200 shares (14.32%)
  • Total promoter group holding: 45,558,765 shares (71.216%)

Post-Transaction Holdings:

  • Bharat Mohta: 16,797,730 shares (26.26%) - increase of 14.32%
  • Savita Mohta: 0 shares (0.00%) - decrease of 14.32%
  • Total promoter group holding: 45,546,018 shares (71.122%)

Purpose and Rationale

The transfer was executed as a gift deed "in consideration of natural love and affection" from mother to son, with no monetary consideration involved. The transaction qualifies as an inter-se transfer among immediate relatives belonging to the promoter group.

Compliance Status

  • Regulation 10(5) disclosure filed with BSE on 17 August 2026 (4 working days prior to acquisition)
  • Regulation 10(6) disclosure filed with BSE on 27 August 2026 (within 4 working days of acquisition)
  • Regulation 29(2) disclosures filed by both parties on 26 August 2026
  • Regulation 10(7) report filed with SEBI on 10 September 2026 (within 21 working days of acquisition)
  • SEBI fee of ₹1,77,000 paid via NEFT on 31 August 2026
  • All parties confirmed as promoters for at least 3 years prior to transaction

Document References

  • SEBI Invoice No: CFD/082627/100 dated 31/08/2026
  • HSN Code: 997155 for SEBI filing services
  • DIS serial number: AA1458171933
  • Company address: Bombay Mutual Building, 9 Brabourne Road, 7th Floor, Kolkata-700001

Capital Structure Impact

The transaction resulted in a change in individual promoter holdings but no change in the total promoter group holding or the company's total paid-up capital. The transfer was executed off-market through depository mechanisms.

#Tags: #TheIndianWoodProducts #SEBIDisclosure #PromoterTransfer #RegulatoryCompliance #OwnershipChange #Neutral