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 Limited, sold 1,005 equity shares via off-market transfer on 1 September 2025. Her holding in the company reduced from 68,998 shares (1.38%) to 67,993 shares (1.36%). The disclosure was filed under Regulation 29(1)/(29)(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total equity share capital of the company remained unchanged at 50,00,000 shares of Rs.10 each.
This is a very small off-market sale (just 0.02% of total shares) by a single promoter group member and is unlikely to have any meaningful impact on the stock price or shareholder sentiment.