BSECompany Update21 Aug 2026 · 21 Aug 2026, 05:34 pm
Pursuant to Regulation 31(A) of SEBI(Listing Obligation and Disclosure Requirement) Regulation, 2015, we hereby inform you that Frontline Financial Services Limited has recieved a request ....
Frontline Financial Services Ltd · 531685
✦ AI SummaryPromoter Reclassif.
Frontline Financial Services Ltd has received a request from Mr. Tushar Shashikant Shah to reclassify his status from Promoter/Promoter Group category to Public category. The request will be placed before the Board of Directors for consideration.
Analysis Scores
Earnings Impact5/10
Growth Catalyst5/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Frontline Financial Services Ltd - 531685 - Intimation Of Receipt Of Request For Reclassification From Promoter Category To Public Category Under Regulation 31A Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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Date: 21/08/2026
The Manager – Listing Department
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400001 (MH)
Scrip Code: 531685
ISIN: INE776R01011
Subject: Intimation regarding receipt of request for reclassification from Promoter category
to Public category under Regulation 31A of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby inform you that Frontline Financial Services Limited has received
a request from Mr. Tushar Shashikant Shah, presently forming part of the Promoter/Promoter
Group of the Company, seeking reclassification of his status from Promoter/Promoter Group
category to Public category.
The details of the promoter seeking reclassification are as follows:
Particulars Details
Name of Promoter Mr. Tushar Shashikant Shah
Current Category Promoter/Promoter Group
Proposed Category Public
No. of Equity Shares held 1,07,400 Equity Shares
Percentage of Shareholding 1.82%
The request received from Mr. Tushar Shashikant Shah will be placed before the Board of
Directors of the Company at its ensuing Board Meeting for consideration in accordance with the
applicable provisions of Regulation 31A of the SEBI (LODR) Regulations, 2015.
The Company shall take further necessary action in accordance with the applicable provisions of
the SEBI (LODR) Regulations, 2015 and shall make the requisite disclosures/intimations to the
Stock Exchange(s) as and when applicable.
This is submitted for your information and records.
Thanking you,
For Frontline Financial Services Limited
Sandeep Chaganlal Mathur
Authorised Signatory & Managing Director
DIN: 08173027