Disclsoure under SEBI ( SAST) Regulations and SEBI (PIT) Regulations for sae of 1005 shares by Manju Choudhary
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Frontline Corporation Ltd has informed stock exchanges about a disclosure received from promoter Manju Choudhary for the sale of 1,005 equity shares on 1 September 2025 through a market transfer. The transaction was carried out under SEBI (SAST) Regulations and SEBI (PIT) Regulations. Before the sale, Manju Choudhary held 68,998 shares (1.38% of the company), and after the sale her holding stands at 67,993 shares (1.36%). The company's total equity share capital remains unchanged at 50,00,000 shares of Rs. 10 each. The disclosure also lists several persons acting in concert with the acquirer.
The sale is very small in size — only 1,005 shares representing 0.02% of the company's share capital — so it is unlikely to have any meaningful impact on the stock price or shareholder value. Retail investors should note this is a routine insider trading disclosure by a promoter with a minor stake.