Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011 - Jay Thakkar
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jay Thakkar, classified as a Promoter of Gravity India Limited, has sold his entire holding of 20,184 equity shares on 8 May 2025 through the open market. The shares sold represent 0.2242% of the company's total share capital of 90,01,950 equity shares. After this sale, Mr. Thakkar holds zero shares in the company, meaning he has completely exited his position. The disclosure was filed under SEBI's Takeover Regulations to formally notify the stock exchange about the transaction.
The sale is very small in size (under 0.25% of capital), so the direct impact on the stock price is likely minimal. However, it signals a complete exit by a named promoter, which retail investors may want to monitor alongside other promoter holdings for broader ownership trends.