The Indian Wood Products Company Ltd

AGM Details

• AGM on 22 September 2026 at 3:00 PM IST via VC/OAVM.
• Record date for voting/dividend: 15 September 2026.
• Book closure: 16–22 September 2026 (inclusive) for dividend entitlement.

Key Resolutions

• Ordinary: adopt Audited Standalone and Consolidated Financial Statements for 2025-26.
• Ordinary: declare final dividend of Re 0.20 per equity share.
• Ordinary: appoint Bharat Mohta for re-appointment (retiring by rotation).
• Special: appoint Puja Somani as Independent Director until 110th AGM (2030).

Dividend proposal

• Board recommended final dividend of Re 0.20 per share, subject to AGM approval.

Financial snapshot

• Standalone revenue from operations Rs 22,918.46 L; up from Rs 22,646.54 L.
• Standalone PBT Rs 545.96 L; up from Rs 506.41 L.
• Standalone PAT Rs 355.31 L; lower than Rs 367.79 L prior year.
• Standalone EPS Rs 0.56; vs Rs 0.57 prior year.
• Consolidated PBT Rs 646.83 L; down from Rs 667.77 L.
• Consolidated PAT Rs 456.18 L; down from Rs 529.15 L.
• Consolidated EPS Rs 0.71; down from Rs 0.83.
• Dividend proposed: Rs 2.00 per share; total Rs 127.95 L; record date 15 Sep 2026.
• Equity share capital Rs 1,279.75 L; Reserves Rs 34,876.83 L (standalone).
• Net debt Rs 8,306.75 L; gearing 22.87%.

Operations & volumes

• Katha sales 3,846.70 MT in FY26; down from 3,983.24 MT due to raw material constraints.
• Cutch by-product sales 1,105.30 MT; up from 977.98 MT.
• Standalone EBITDA Rs 1,587.83 L; slightly down YoY from Rs 1,631.01 L.
• Revenue growth driven by higher realizations and efficiency gains.

Dividend & capital allocation

• Dividend proposed: Rs 2 per share; total Rs 127.95 L; paid post AGM to record holders.
• Dividend proposed not recognised as liability as on 31-03-2026 per IND AS 10.
• No equity issuances during FY2025-26.

Governance & board

• Krishna Kumar Mohta resigned as Chairman & MD on 14 Nov 2025.
• Bharat Mohta redesignated as Chairman & MD from 15 Nov 2025; postal ballot approved 19 Dec 2025.
• Board comprises 7 directors: 4 independent, 1 woman director; governance affirmed.

CSR & ESG

• CSR spend Rs 6.76 L in FY2025-26; Animal Welfare and Environment Sustainability.
• CSR policy on company website; no carry-forward of excess prior CSR spend.

Related party transactions

• Related party transactions with Agro and Spice Trading Pte Ltd (51% JV) on arm's length basis.
• No material related party transactions; disclosures in Form AOC-2 Annexure 5.

Debt & liquidity

• Total debt (net) Rs 8,306.75 L; gearing 22.87%.
• Consolidated borrowings Rs 6,535.95 L; current borrowings Rs 6,334.75 L.
• Internal controls deemed adequate; no covenant breaches reported.

Risk & outlook

• MD&M&A notes global and domestic demand, input costs, and material supply risks.
• Management expects stabilizing production and sustainable margins with efficiency, despite raw material constraints.

Promoter disposal

• Promoter Krishna Kumar Mohta sold 25,000 equity shares on 21 Aug 2026 in open market.
• Post-transaction promoter holding declined from 2,065,909 shares (3.229%) to 2,040,909 shares (3.190%).
• Transaction value reported as INR 852,508; exchange: BSE; mode: open market.
• Regulation 7(2) Form C disclosure submitted; date of intimation 22-07-2026.
• No trading in derivatives reported.

Sale details

• Target Company: The Indian Wood Products Co Ltd
• Disclosing Party: Krishna Kumar Mohta (Promoter)
• Transaction Type: Sale of equity shares
• Pre-Transaction Holding: 2,065,909 shares, 3.229% voting rights
• Transaction Details: 25,000 shares sold; open market; 21-08-2026
• Post-Transaction Holding: 2,040,909 shares, 3.190%
• Date of Transaction: 21-08-2026
• Share Capital Context: Before/After Rs 12,79,45,440; 63,972,720 equity shares
• Mode of Transaction: Open Market

Inter-se promoter transfer details

• Inter-se transfer of 91,60,200 equity shares (14.32%) from Savita Mohta to Bharat Mohta by gift.
• Off-market transfer exempt under Regulation 10(1)(a)(ii) SEBI SAST.
• Aggregate promoter group holding remains unchanged at 16,797,730 shares (26.26%).
• Bharat Mohta's stake rises to 26.26% post-transaction from 11.94% (1,67,97,730 shares).
• Proposed transfer date on/after August 22, 2026; gift with no consideration.
• Regulation 31(5) disclosures confirm no encumbrance on promoter shares for FY2025-26.

Director appointment

• Appointment of Mrs. Puja Somani as Independent Additional Director, effective 14 August 2026, subject to shareholders' approval.
• Profile: Chartered Accountant with over 10 years' experience in financial reporting, data analytics, budgeting and MIS.