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, identified as part of the promoter group of Frontline Corporation Ltd, has filed a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. On 18 August 2025, she sold 500 equity shares of the company through an off-market transfer. Her shareholding declined marginally from 70,400 shares (1.41%) to 69,900 shares (1.40%) of the company's paid-up equity capital. Frontline Corporation's total equity share capital stands at 50,00,000 shares of Rs.10 each, valued at Rs.4.97 crore in total. The disclosure has been filed with BSE and the Calcutta Stock Exchange, where the stock is listed under scrip codes 532042 and 016057.
This is a negligible sale of just 500 shares (0.01% of capital) by a minor promoter and is highly unlikely to have any material impact on the stock price or overall shareholding pattern of the company.