FDC Limited announced an internal restructuring of promoter shareholding involving an inter-se transfer of equity from the VIRGO ADVISORS PRIVATE LIMITED trust to individual beneficiary Aditi C Bhanot. The transaction, which occurred on February 17, 2026, involved 99,56,821 shares, equivalent to 6.12% of the total capital. This move shifts ownership internally without changing the overall promoter group control, resulting in Aditi C Bhanot’s holding increasing to 6.80% post-acquisition.
Internal Promoter Share Transfer Finalized
FDC Limited has formally disclosed the completion of a share acquisition executed under an exemption for inter-se transfer among promoters, specifically detailing a Trust Distribution to the Beneficiary. The transfer was executed on February 17, 2026, with the disclosure filed with the exchanges on February 19, 2026.
Details of the Acquisition
The transferor/seller in this transaction was VIRGO ADVISORS PRIVATE LIMITED, which transferred the entire holding of 99,56,821 shares. This block of shares represented 6.12% of the total diluted share capital of FDC Limited at the time of the transaction. The rationale cited for the transfer is an Inter-se transfer from Trust to Beneficiary, meaning no external funds were exchanged for the acquisition price (N.A.).
Resulting Shareholding Structure
The primary acquirer is Promoter Aditi C Bhanot. Her shareholding details before and after the transaction are as follows:
- Pre-Transaction Holding (Aditi C Bhanot): 11,12,560 shares, constituting 0.68% of the total share capital.
- Post-Transaction Holding (Aditi C Bhanot): The holding increased significantly to 1,10,69,381 shares, representing 6.80% of the total capital.
Concurrently, the transferor, Virgo Advisors Private Limited, recorded a decrease of 99,56,821 shares, resulting in their post-transaction holding being 0 shares or 0.00% of the total capital, confirming a full exit from the position used in the transfer.
Regulatory Compliance Confirmation
The disclosure confirms that since the transaction fell under Regulation 10(1)(a)(ii), the initial disclosure requirement under regulation 10(5) was applicable, and such disclosure was duly made on February 19, 2026, satisfying the necessary timelines for the restructuring.
Source: BSE
