The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
FDC · price
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FDC Ltd disclosed an inter-se transfer within its promoter group, where promoter Aditi C Bhanot acquired 99,56,821 shares (6.12% of share capital) from Virgo Advisors Private Limited, the trustee of the Aditi Family Discretionary Trust. The transaction took place on 17th February 2026 as part of a trust distribution to a beneficiary. After the transfer, Aditi C Bhanot's stake rises from 0.68% (11,12,560 shares) to 6.80% (1,10,69,381 shares), while Virgo Advisors' holding drops to zero. The acquisition qualifies for exemption from the open offer requirement under Regulation 10(1)(a)(i) of SEBI Takeover Regulations as it is a transfer between persons within the promoter group. No price was applicable since this is a private arrangement within the promoter family.
This is a reorganisation of promoter holdings rather than a change in overall promoter control, so it is neutral for the stock. Existing shareholders are unaffected as total promoter ownership and voting power remain the same — only the entity holding the shares changes within the family.