Disclsoure under SEBI (SAST) regulations and SEBI (PIT) regulations for sale of 23 equity shares by Manju Choudhary
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Awaiting price reaction for this filing.
Frontline Corporation Ltd has submitted a SEBI disclosure regarding the sale of just 23 equity shares by Manju Choudhary, a member of the Promoter Group, on 12 September 2025 via open market transfer. Before the sale, Manju Choudhary held 66,821 shares (1.34% of total voting capital); after the sale, the holding stands at 66,798 shares (1.34%). The company's total equity share capital remains at 50,00,000 shares of Rs. 10 each (Rs. 4.97 crore), unchanged by this transaction. The sale is extremely small in value and percentage terms, with no impact on the company's total capital structure.
This is a routine, negligible-scale regulatory filing — 23 shares sold out of ~66,821 held has no meaningful effect on shareholding pattern or stock price. The promoter group's overall stake remains effectively unchanged at around 1.34%, well below 50%.