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, part of the promoter group of Frontline Corporation Ltd, filed a Regulation 29(2) SAST disclosure reporting the sale of 184 equity shares via off-market transfer on 16 September 2025. Her holding marginally decreased from 66,798 shares (1.34%) to 66,614 shares (1.33%) of the company. The change is negligible (0.00%) and the transfer is off-market, suggesting an inter-family or private arrangement rather than a market sale. Frontline's total equity capital stands at Rs. 4.98 crore (50 lakh shares of Rs. 10 each).
This is a routine, insignificant disclosure with no material impact on shareholding pattern or stock price — the change is too small (184 shares) to affect investor perception.