StockWatch
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Pharmaceuticals
Shareholding29 Jun 2026, 11:26 am

Sandhya Mohan Chandavarkar Trust Acquires 1.45% Stake in FDC Ltd via Gift

AI Summary

Sandhya Mohan Chandavarkar Trust, through its Managing Trustee Nandan Mohan Chandavarkar, has acquired 23,59,770 equity shares, representing 1.45% of the total shareholding, in FDC Ltd. The acquisition occurred on June 24, 2026, via an off-market inter-se transfer among promoters, structured as a gift. This disclosure is made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The transaction involved shares valued at approximately ₹16.28 crore.

Key Highlights

  • Promoter trust acquired 1.45% stake in FDC Ltd.
  • Acquisition was through an off-market gift transfer.
  • Transaction date was June 24, 2026.
  • Disclosure filed under SEBI SAST Regulations.