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, a member of the promoter group of Frontline Corporation Ltd, has disclosed a sale of 5,172 equity shares (0.10% of total share capital) through an off-market transfer on 18/09/2025. After this sale, her holding has decreased from 66,572 shares (1.33%) to 61,400 shares (1.23%) of the company. The disclosure was filed under SEBI's SAST Regulations, 2011 and submitted to BSE and Calcutta Stock Exchange on 23/09/2025.
This is a small off-market transaction by a promoter group member with negligible impact on overall shareholding or market price. Retail investors should note the reduction in promoter holding, but the change is too minor to materially affect ownership structure or shareholder sentiment.