Disclosure under Regulation 7(2) read with Regulation 6(2) - Continual Disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015 - Dakshaben Thakkar
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Gravity (India) Limited has submitted a continual disclosure under SEBI's Prohibition of Insider Trading Regulations on behalf of Ms. Dakshaben Rasiklal Thakkar. She sold 121,336 equity shares of the company on 8th May 2025, which represents 1.3479% of the company's total share capital. The disclosure was filed with BSE on 9th May 2025 under Regulation 7(2) read with Regulation 6(2). The company has requested BSE to take the disclosure on record.
A sell-side disclosure of over 1% stake by an insider/promoter may be viewed negatively by the market in the short term, as it signals a reduction in insider holding. Retail investors should monitor whether further sales follow and assess the overall promoter shareholding pattern post-transaction.