Disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011 by the Promoter and Promoter Group along with person acting in Concert of the Company for the Financial Year ended on 31st March 2025
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Awaiting price reaction for this filing.
The promoters and promoter group of Gravity India Limited, including individual promoters Varun Thakkar, Ankit Thakkar, Dakshaben Rasiklal Thakkar, Samyir Rasiklal Thakkar, and Varun Rasiklal Thakkar, along with promoter group entity Gravity Synthetics Pvt. Limited and persons acting in concert, have filed their annual disclosure under Regulation 31(4) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. Each entity has confirmed that no encumbrance (pledge, lien, or similar charge) was created on their shares, directly or indirectly, during the financial year ended 31st March 2025. The disclosure was submitted to BSE on 3rd April 2025 and is a routine annual compliance requirement.
This is a neutral, routine regulatory filing with no material impact on the stock price. The fact that promoters have not pledged any shares is mildly reassuring for retail investors, as it indicates no immediate funding stress or risk of forced stake sale by promoters.