Disclsoure under SEBI (SAST) Regulations and SEBI (PIT) Regulations for sale of 184 shares by Manju Choudhary
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Awaiting price reaction for this filing.
Manju Choudhary, a member of the Promoter/Promoter Group of Frontline Corporation Ltd, sold 184 equity shares on 16 September 2025 through a market transfer. Her holding declined marginally from 66,798 shares (1.34%) to 66,614 shares (1.33%) of the company. The company has a total equity share capital of 50,00,000 shares of Rs. 10 each, worth Rs. 4.97 crore. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
This is an extremely small sale (just 184 shares, effectively 0.00% change in holding) and is unlikely to have any material impact on the stock price or shareholder value. It appears to be a routine regulatory disclosure for a minor promoter group transaction.