Indian Wood Products Share Price Today

Indian Wood Products board approves MOA amendment for steel business

Board approved MOA amendment to include iron and steel manufacturing. New scope covers ferro alloys, cement, and infrastructure construction. Postal ballot notice issued for shareholder approval on the amendment. M/s M Shahnawaz & Associates appointed as scrutinizer for e-voting.

Indian Wood Products shareholders approve all AGM resolutions

Shareholders approved all four resolutions at the 106th AGM held on September 22, 2026. Final dividend of **₹0.20** per equity share for FY26 received overwhelming support. Promoter group voted 100% in favour; public non-institutions recorded 71 dissenting votes. Re-appointment of Bharat Mohta and appointment of Seema Agarwal as Independent Director confirmed.

Bharat Mohta acquires 14.32% stake in The Indian Wood Products via gift

Bharat Mohta acquired 91,60,200 equity shares (14.32%) from his mother, Savita Mohta, via a gift deed dated August 24, 2026. The inter-se transfer involved no monetary consideration and was disclosed to SEBI on September 10, 2026, under Regulation 10(7). Bharat Mohta's stake increased to 26.26%, while Savita Mohta's holding became nil. The aggregate promoter group holding remained stable at 71.12%, with a marginal decrease due to a separate disposal by Krishna Kumar Mohta.

IWP promoter Bharat Mohta acquires 14.3% stake via gift from Savita Mohta

Bharat Mohta acquired 9,160,200 shares (14.319%) via gift from Savita Mohta on August 24, 2026. Bharat Mohta's stake rose to 26.258%, while Savita Mohta's holding fell to nil. The transaction was exempt from open offer under Regulation 10(1)(a)(ii) of SEBI Takeover Regulations. Krishna Kumar Mohta sold 61,107 shares worth ₹2,048,214, reducing stake to 3.095%.

Bharat Mohta acquires 14.3% Indian Wood Products stake via gift

Bharat Mohta acquires 9,160,200 shares (14.319%) from Savita Mohta via off-market gift. Bharat Mohta's stake rises to 26.258%, becoming the largest individual promoter holder. Promoter group aggregate holding falls slightly to 71.122% due to Krishna Kumar Mohta's open market sale.

Indian Wood Products FY26 Results: Net profit falls 3.4% to ₹355 lakh

Standalone net profit fell 3.4% YoY to ₹355.31 lakh despite 1.2% revenue growth. Revenue rose to ₹22,918.46 lakh driven by improved product realisation. PBT expanded 7.8% to ₹545.96 lakh due to better cost management. Board recommends 10% dividend, up from 7.5% in previous year. Cutch sales volumes surged 13% to 1,105.30 MT offsetting Katha volume dip.