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Savita Mohta

5 articles
A shift in shareholding structure is occurring at Indian Wood Products, as Savita Mohta has gifted a significant 14.32% stake to her son, Bharat Mohta. This inter-se transfer, exempt from open offer requirements under SEBI regulations, results in Bharat Mohta's ownership increasing to 26.26%, while Savita Mohta’s stake reduces to zero. While Krishna Kumar Mohta also executed a small sale of shares, the overall promoter group holding remains consistent, and the company confirmed no share encumbrances were created by promoters in recent years. This reshuffling of ownership within the promoter family is unlikely to materially impact the company’s operations but highlights ongoing dynamics within its leadership structure.