BSEGravity India Ltd-$HighNegative
Announced Tue, 29 Apr · 20:22 IST

Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Samir Thakkar, a promoter of Gravity (India) Limited, sold 100,000 equity shares (1.1109% of total capital) through open market on BSE on April 28, 2025. Before the sale, he held 188,368 shares (2.0925%); after the sale, his holding dropped to 88,368 shares (0.9817%). The disclosure was filed under SEBI Takeover Regulations 2011. The total share capital of the company remains unchanged at 19,001,950 shares.

Likely market impact

This is a promoter selling more than 1% of his stake in the open market, which retail investors may view as a mildly negative signal about insider confidence, though the seller remains a promoter with a small residual holding.