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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Ms. Dhakshaben Rasiklal Thakkar has disclosed a sale of 200,000 equity shares of Gravity (India) Limited, representing 2.2217% of the company's total paid-up capital, executed on 6 June 2025. The disclosure was filed under SEBI's Prohibition of Insider Trading Regulations (Reg 7(2) read with 6(2) – Continual Disclosure), which applies to promoters, immediate relatives, and other designated persons. The company received and forwarded this disclosure to BSE on 9 June 2025, and the document does not disclose the sale price. Gravity (India) is a small-cap BSE-listed textile-related company (Scrip Code: 532015) and the shares were sold in the open market.
A 2.22% insider sell-off is a notable negative signal for retail investors, as it may indicate reduced promoter confidence or a need for liquidity. Given Gravity (India) is a small-cap with limited free float, such a block sale can weigh on short-term share price and overall sentiment.