Disclsoure under SEBI (SAST) Regulations and SEBI (PIT) Regulations for sale of 5000 Equity Shares by Manju Choudhary on 26/09/2025
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Awaiting price reaction for this filing.
Manju Choudhary, a member of the Promoter/Promoter Group of Frontline Corporation Ltd, sold 5,000 equity shares on 26 September 2025 through a market transfer. This reduced her holding from 61,400 shares (1.23%) to 56,400 shares (1.13%) of the company's total share capital. The sale represents only 0.10% of the company's equity, which has a total share capital of Rs. 4,97,74,500 divided into 50 lakh equity shares of Rs. 10 each. The disclosure has been filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011 and Form C under SEBI (PIT) Regulations, 2015.
This is a minor, routine insider sale representing just 0.10% of the company's capital. It is unlikely to have any meaningful impact on the stock price or signal any major change in promoter sentiment, as the promoter group's overall stake remains largely intact.