Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011
Price
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Awaiting price reaction for this filing.
Ms. Shraddha Varun Thakkar, an immediate relative of the promoter group of Gravity India Limited, sold 97,684 equity shares (1.0851% of total capital) on 30 April 2025 through the open market. Prior to the sale, her holding stood at 97,684 shares (1.0851%), and after the sale her holding in the company is reduced to nil. The total equity share capital of the company remains unchanged at 90,01,950 shares. The disclosure has been filed with BSE under SEBI Takeover Regulations to report the transaction.
This is a minor promoter-group stake sale of just over 1% via the open market, with the seller exiting her holding completely. The quantum is small relative to the company's total capital, so the direct price impact is likely limited, though it may signal a reduction in promoter-group shareholding that investors should track.