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, identified as part of the Promoter group of Frontline Corporation Ltd, filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Her shareholding marginally decreased from 52,745 shares (1.06%) to 52,740 shares (1.05%) — a transfer of just 5 equity shares through a market transfer on 05/12/2025. The company's total equity share capital remained unchanged at Rs. 4,97,74,500 (50,00,000 equity shares of Rs. 10 each). The transaction is negligible in size and unlikely to affect the overall promoter holding or shareholding pattern of the company.
No material impact for shareholders, as the transaction involves only 5 shares and the promoter's stake moves from 1.06% to 1.05% — well below any regulatory trigger threshold.