Disclosure under Regulation 7(2) read with Regulation 6(2) - Continual Disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015
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Mr. Jay Rasiklal Thakkar, a promoter of Gravity (India) Limited, sold 2,316 equity shares on the open market on 30 April 2025. The shares were sold for a total consideration of Rs. 10,931.52. This represents only 0.0257% of the company's total share capital. After the sale, his holding reduced from 22,500 shares (0.25%) to 20,184 shares (0.2242%). The disclosure was filed under SEBI's Prohibition of Insider Trading Regulations as a continual disclosure of a promoter trade.
This is a very small sale by a promoter (well below 1% of capital) and is unlikely to have any meaningful impact on the stock price or shareholder value. It is a routine insider trading compliance disclosure.