Manju Choudhary's Shareholding in Frontline Corporation Limited Declines Following Market Transfer
Manju Choudhary, identified as an acquirer and Person Acting in Concert (PAC), has completed a market transfer of shares in Frontline Corporation Limited. The transaction, which took place on June 08, 2026, resulted in a slight reduction in the holding percentage of Manju Choudhary in the company.The shares are held by Manju Choudhary, who is noted as being a Promoter and Person Acting in Concert regarding the target company, Frontline Corporation Limited. The stock of the corporation is listed on both BSE Limited and CSE Limited.
Acquisition Details and Shareholding Status
The transaction involved the sale of 100 shares carrying voting rights by Manju Choudhary. This acquisition/sale was executed through a Market Transfer process on June 08, 2026.The data provided outlines the change in shareholding from before to after the market transfer:
| Holding Parameter | Before Acquisition | After Acquisition/Sale |
|---|---|---|
| Shares Carrying Voting Rights (a) | 52,740 | 52,640 |
| % W.r.t. Total Share/Voting Capital | 1.06% | 1.052% |
| Shares Encumbered (b) | — | — |
| Equity Share Capital / Total Voting Capital | Rs. 4,97,74,500 (50,00,000 Equity shares of Rs. 10 each) | Rs. 4,97,74,500 (50,00,000 Equity shares of Rs. 10 each) |
The total share capital and voting capital of Frontline Corporation Limited remained unchanged at Rs. 4,97,74,500 (50,00,000 Equity shares of Rs. 10 each) before and after the said acquisition/sale. The Total Diluted Share/Voting Capital remained stable throughout the transaction.
Stock Price Movement
Frontline Corporation Ltd shares finished the day on Wednesday settled at ₹34.50, edging higher after gaining 4.04%. The stock saw a dynamic intraday journey, trading within a range that spanned from a low of ₹31.51 to its closing price of ₹34.50.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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