Announced Mon, 29 Jun · 11:25 IST
FDC promoter Nandan Chandavarkar gifts 1.45% stake to family trust
Ownership Changes View source PDF
FDC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹407.80
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+5.6+6.4+6.8+5.3+6.2+2.1———
Up moveDown movePending
AI summary
FDC promoter Nandan Mohan Chandavarkar has transferred 23,59,770 shares (1.45%) of the company to Sandhya Mohan Chandavarkar Trust as a gift through an off-market inter-se transfer on June 24, 2026. Both are part of the promoter group, so total promoter holding stays unchanged at 69.66%. This is a family restructuring with no change in overall promoter ownership or voting power.
Likely market impact
Internal promoter family restructuring. No change in total promoter holding of 69.66%. Neutral for shareholders.