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, a member of the promoter group of Frontline Corporation Ltd, has sold 950 equity shares via off-market transfer on September 8, 2025. This represents just 0.019% of the company's total equity capital. Her holding reduced from 67,771 shares (1.36%) to 66,821 shares (1.34%). The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations with both BSE and Calcutta Stock Exchange. The transaction is very small and unlikely to materially affect the company's ownership structure.
Minimal impact on shareholders - this is a tiny off-market transfer by an individual promoter family member representing less than 0.02% of equity. No meaningful change in promoter control or stock price impact expected.