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/promoter group of Frontline Corporation Ltd, sold 2,000 equity shares through open market on June 9, 2025. Her shareholding fell from 80,688 shares (1.613%) to 78,688 shares (1.574%), a marginal reduction of 0.040%. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of the company remains unchanged at Rs. 4,97,74,500 comprising 50,00,000 equity shares of Rs. 10 each.
This is a very small sale by a single promoter group member and is unlikely to have any meaningful impact on the stock price or the overall promoter holding structure of the company.