Promoter Group Transfers Shares in FDC Ltd Via Gift
Shares of FDC Limited were transferred through a gift from Nandan Mohan Chandavarkar, one of the company's promoters, to two other promoter entities. This transfer was an off-market inter-se transaction among the promoters of the Company.Details regarding the gifted shares are as follows:
| Date of Acquisition | Transferor/Donor (Promoter) | Transferee/Donee (Promoter Entity) | No. of Shares Acquired by Gift | Percentage Holding Acquired |
|---|---|---|---|---|
| June 24, 2026 | Nandan Mohan Chandavarkar | Mohan Anand Chandavarkar Trust | 26,70,316 | 1.64% |
| June 24, 2026 | Nandan Mohan Chandavarkar | Sandhya Mohan Chandavarkar Trust | 23,59,770 | 1.45% |
| Total | 50,30,086 | 3.09% |
The transfer was conducted as an off-market inter-se transfer between promoter and promoter group members by way of a gift, without any consideration.
Prior to this acquisition, Nandan Mohan Chandavarkar held 50,41,086 shares, representing a 3.10% holding in the company's total voting capital. The equity share capital of FDC Limited was Rs 16,28,10,084 (16,28,10,084 fully paid-up equity shares of Re. 1/- each).
Following the acquisition, Nandan Mohan Chandavarkar's holding decreased to 11,000 shares, corresponding to a 0.01% shareholding against the total diluted voting capital.
FDC Stock Price Movement
Shares of FDC Limited are edging higher to ₹416.2 as of 11:27 AM today, gaining 1.93% in live trading. The stock has seen a traded volume of 145,106 shares so far during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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