We are enlcosing herewith the SAST disclsoure recd from Manju Chodhury for sale of 2000 equity shares on 09.06.2025
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Awaiting price reaction for this filing.
Frontline Corporation Ltd has submitted a SEBI SAST (Substantial Acquisition of Shares and Takeover) Regulations disclosure to BSE regarding a market sale of 2,000 equity shares by Manju Choudhary, a member of the promoter/promoter group. Before the transaction, she held 80,688 shares (1.613% of total share capital); after the sale, her holding stands at 78,688 shares (1.574%). The transaction was executed on June 9, 2025, and the disclosure was filed on June 11, 2025. The company's total equity share capital remains 50,00,000 shares of Rs.10 each. The sale was carried out on BSE through a regular market transfer, with no other changes to encumbrances or derivative positions reported.
This is a very minor promoter group sell-off representing only 0.04% of total share capital and is unlikely to have any meaningful impact on the stock price or shareholder sentiment. The promoter's effective stake in the company remains negligible at under 2%, so no material change in control is indicated.