Non applicability of Regulation 57 of SEBI ( LODR ) 2015 for the period ended on 31st March 2025
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Frontline Corporation Ltd has informed the stock exchanges that SEBI's Listing Obligation Regulation 57(5) does not apply to the company. This regulation requires listed entities to notify exchanges about interest, dividend, or principal payments on non-convertible debentures (NCDs) and similar securities. The company's compliance officer confirmed this in a letter dated 26 April 2025. In effect, this is a routine declaration confirming the company does not have any listed NCDs, preference shares, or other such instruments — only its ordinary equity shares are listed on BSE and Calcutta Stock Exchange.
This is a routine compliance disclosure with no material impact on shareholders or the stock. It simply confirms the company has no outstanding debentures or similar listed debt/preference instruments on which payment-related disclosures would be due.