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

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹4.65

prior close

₹4.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.2%+1.3% vs market

Other Textile Products peers, median of 166sector-1.9%+1.0% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.0 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+7.3

30m

+7.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-2.2+1.3-1.9+1.0

Next day

+2.8-2.3+5.1-1.4+4.2

-0.2-0.8+0.6-1.2+1.0

-4.1-3.4-0.7-3.9-0.2

-4.3-2.2-2.1-2.3-2.0

-0.2-3.0+2.8-2.9+2.7

-0.9+1.4-2.2-0.6-0.2

15d

+36.3+7.4+29.0+2.6+33.7

+16.3+9.7+6.7+2.2+14.1

+29.0+13.0+16.0+3.6+25.5

+35.5+12.6+22.9+3.1+32.4

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 166Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.