The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Choudhary
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Awaiting price reaction for this filing.
Manju Choudhary, classified as a Promoter of Frontline Corporation Ltd, has filed a disclosure under Regulation 29(2) of SEBI Takeover Regulations for the sale of just 2 equity shares on 05/09/2025. Her shareholding decreased marginally from 67,773 shares (1.36%) to 67,771 shares (1.36%) of the company's equity capital. The total value of the transaction was ₹98.46, and the mode of sale appears to be an off-market transfer. The disclosure has been submitted to BSE, Calcutta Stock Exchange, and the company.
This is a negligible transaction with no meaningful impact on promoter holding or share price. The promoter's stake remains unchanged at 1.36%, and the filing appears to be a routine regulatory disclosure for a tiny off-market share transfer.