FDC Limited has announced the reconstitution of its key Board Committees—Audit, Nomination & Remuneration, and CSR—effective April 1, 2026. Furthermore, following the completion of tenure for the current Chairman, Mr. Mohan Chandavarkar, the Managing Director, will be re-designated as Chairman & Managing Director from the same date. The document details the new committee memberships, featuring several Non-Executive Independent Directors.
Board Committee Reconstitution Details
FDC Limited has formalized the reconstituted composition of its standing Board Committees, effective from April 1, 2026, following an earlier announcement made on March 18, 2026.
Audit Committee Changes
The Audit Committee will now feature CA Vijay Maniar as the new Chairperson, with all other members designated as Non-Executive Independent Directors, except for Mr. Mohan A. Chandavarkar, who retains a Member position as the Managing Director.
- Chairperson: CA Vijay Maniar (Non-Executive Independent Director)
- Members: Mr. Mohan A. Chandavarkar (Managing Director), CA Vijay N Bhatt (Non-Executive Independent Director), and CA Kishore M. Saletore (Non-Executive Independent Director).
Nomination and Remuneration Committee
This committee remains strongly weighted toward Independent Directors. Dr. Mahesh Bijlani takes on the role of Chairperson.
- Chairperson: Dr. Mahesh Bijlani (Non-Executive Independent Director)
- Members: CA Vijay Maniar (Non-Executive Independent Director) and CA Vijay N Bhatt (Non-Executive Independent Director).
Corporate Social Responsibility (CSR) Committee
Mr. Mohan Chandavarkar, the current Managing Director, will serve as the Chairperson of the CSR Committee.
- Chairperson: Mr. Mohan Chandavarkar (Managing Director)
- Members: Mr. Ashok Chandavarkar (Executive Director), Ms. Nomita Chandavarkar (Non-Executive Director), and Dr. Charuta Mandke (Non-Executive Independent Director).
Key Leadership Redesignation
A significant leadership transition will occur as CA Uday Kumar Gurkar completes his tenure as an Independent Director and Chairman of the Board. Effective April 1, 2026, Mr. Mohan Chandavarkar, currently the Managing Director, will be re-designated as the Chairman & Managing Director of FDC Limited.
Source: BSE
