FDC Ltd promoter revises SAST disclosure for 3.09% share transfer
- FDC Ltd promoter Nandan Mohan Chandavarkar revised SAST disclosures for clarity
- Revised filing clarifies off-market transfer of 50,30,086 shares (3.09%) via gift
- Shares moved to Mohan Anand and Sandhya Mohan Chandavarkar trusts
- Total promoter group holding remains unchanged at 69.66%
- Transaction executed on June 24, 2026, with no consideration involved

*this image is generated using AI for illustrative purposes only.
FDC Ltd promoter Nandan Mohan Chandavarkar has submitted revised disclosures under Regulation 29(2) of the SEBI (SAST) Regulations, 2011, to clarify details of an off-market inter-se transfer. The filing, dated September 2, 2026, addresses observations from the BSE regarding earlier disclosures submitted on June 25, 2026.
The revised submission reproduces transaction details directly in the disclosure format columns for enhanced clarity. Chandavarkar confirmed that the revision does not alter any previously disclosed information regarding the acquisition or disposal of shares.
Transaction Details
The underlying transaction involves the transfer of 50,30,086 shares, representing 3.09% of the total voting capital, from Nandan Mohan Chandavarkar to two promoter trusts. The transfer was executed by way of gift without consideration on June 24, 2026.
| Metric | Value |
|---|---|
| Shares Transferred | 50,30,086 |
| Stake Percentage | 3.09% |
| Mode of Transfer | Off-market inter-se transfer (gift) |
| Date of Transfer | June 24, 2026 |
| Consideration | Nil |
Chandavarkar transferred 26,70,316 shares (1.64%) to the Mohan Anand Chandavarkar Trust and 23,59,770 shares (1.45%) to the Sandhya Mohan Chandavarkar Trust. Following the transfer, his individual holding reduced from 50,41,086 shares (3.10%) to 11,000 shares (0.01%).
Promoter Group Holding
The aggregate holding of the promoter group, including Persons Acting in Concert (PAC), remains unchanged at 11,34,10,433 shares, constituting 69.66% of the total voting capital. The total equity share capital of FDC Ltd stands at ₹16,28,10,084, comprising 16,28,10,084 fully paid-up equity shares of Re. 1/- each.
What the Numbers Show
The data indicates a consolidation of promoter holdings within trust structures rather than a change in overall control. While Nandan Mohan Chandavarkar’s direct stake dropped significantly to 0.01%, the combined stake of the Mohan Anand Chandavarkar Trust and Sandhya Mohan Chandavarkar Trust increased to 12.45% each. This internal restructuring leaves the total promoter group stake stable at 69.66%, suggesting no dilution of control.
Historical Stock Returns for FDC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.04% | -1.96% | -16.92% | -8.49% | -26.64% | -0.58% |
How might this consolidation of promoter stakes into trusts impact FDC Ltd's corporate governance structure and decision-making processes?
Could the shift from individual to trust-based holding signal future estate planning or succession strategies for the promoter family?
Will this internal restructuring affect the liquidity of promoter shares or influence market sentiment regarding potential future open market sales?


































