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 filed a SAST disclosure reporting an off-market sale of 42 equity shares on 18/09/2025. Prior to the sale, she held 66,614 shares (1.33% of total share capital); after the sale, her holding stands at 66,572 shares, still 1.33%. The total equity share capital of the company remains at Rs. 4,97,74,500 (50,00,000 shares of Rs. 10 each). The transaction size is negligible and does not change her percentage stake in the company.
This is a routine, immaterial disclosure — only 42 shares were sold off-market, leaving the promoter's stake effectively unchanged at 1.33%. No meaningful impact on shareholders or the stock price is expected from this filing.