FDC Ltd concludes 86th AGM with director re-appointment and financial adoption
- FDC Limited held its 86th AGM on September 24, 2026, via VC/OAVM
- Members adopted audited standalone and consolidated financials for FY26
- Ashok Anand Chandavarkar re-appointed as Executive Director
- Cost Auditor remuneration for FY27 ratified by shareholders
*this image is generated using AI for illustrative purposes only.
FDC Limited held its 86th Annual General Meeting on September 24, 2026, at 10:00 am IST. The meeting was conducted via Video Conferencing and Other Audio Visual Means in compliance with regulatory guidelines.
The proceedings covered the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Members also approved the re-appointment of Ashok Anand Chandavarkar as Executive Director and ratified the remuneration for the Cost Auditor for FY27.
Board attendance and governance
The meeting was chaired by Mohan A. Chandavarkar, Chairman and Managing Director. The Board of Directors present included Joint Managing Director Nandan M. Chandavarkar, Executive Director Ashok Anand Chandavarkar, and CEO International Business Ameya A. Chandavarkar. Independent Directors Dr. Mahesh Bijlani, CA Vijay Nautamlal Bhatt, CA Vijay Suresh Maniar, Dr. Charuta Mandke, and CA Kishore Saletore were also in attendance.
Key Managerial Personnel present included Chief Financial Officer Vishal D. Shah and Company Secretary Varsharani Katre. The meeting noted the departure of Uday Kumar Gurkar, former Chairman and Independent Director, effective April 1, 2026.
Voting and procedural details
A total of 64 members attended the virtual meeting. Remote e-voting facilities were provided through the NSDL portal, with the voting window open from September 21, 2026, to September 23, 2026. Mr. Sanjay Dholakia served as the Scrutinizer for the e-voting process.
| Item | Resolution Type | Status |
|---|---|---|
| Adoption of Standalone Financial Statements (FY26) | Ordinary | Passed |
| Adoption of Consolidated Financial Statements (FY26) | Ordinary | Passed |
| Re-appointment of Ashok Anand Chandavarkar | Ordinary | Passed |
| Ratification of Cost Auditor Remuneration (FY27) | Ordinary | Passed |
The Chairman addressed member queries regarding the company's performance and global expansion plans. Voting results will be submitted separately to stock exchanges as required by SEBI Listing Regulations.
Historical Stock Returns for FDC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.21% | -1.28% | -0.83% | +5.38% | -27.69% | -2.07% |
How will the re-appointment of Ashok Anand Chandavarkar as Executive Director influence FDC Limited's strategic direction in the upcoming fiscal year?
What specific global expansion initiatives did the Chairman highlight, and how might they impact the company's revenue mix in international markets?
In what ways does the departure of former Chairman Uday Kumar Gurkar affect the board's governance structure and succession planning?
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