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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Manju Choudhary, identified as a member of the promoter/promoter group of Frontline Corporation Ltd, sold 2,000 equity shares through an off-market transfer on 10/06/2025. Her holding declined from 78,688 shares (1.574%) to 76,688 shares (1.533%) of the company's paid-up equity capital. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity capital of the company remains unchanged at Rs. 4.97 crore (50 lakh shares of Rs. 10 each). The sale size is very small at just 0.040% of the company's share capital.
This is a very minor off-market transaction by an individual promoter group member with negligible impact on overall shareholding pattern; unlikely to materially affect stock price or promoter control of the company.