BSEGravity India Ltd-$HighNegative
Announced Sat, 3 May · 14:21 IST

Disclosure under Regulation 7(2) read with Regulation 6(2) - Continual Disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015

Promoter Stake Sell 1pctOwnership Changes View source PDF

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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

Ms. Shraddha Varun Thakkar, an immediate relative of the promoter, sold 97,684 equity shares of Gravity (India) Limited on 30th April 2025 through a market sale. This represents 1.0851% of the company's total share capital, for a total consideration of Rs. 4,63,959.55. The disclosure was made under SEBI's Prohibition of Insider Trading Regulations. Post-sale, her holding in the company stands reduced to zero.

Likely market impact

A near-complete exit by an immediate relative of the promoter can be viewed negatively by retail investors, as it may raise concerns about insider confidence. However, the sale size is small in absolute terms and was executed on the open market.