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. Dakshaben Rasiklal Thakkar has disclosed the sale of 430,610 equity shares of Gravity India Ltd on 02 June 2025, representing 4.7835% of the company's total share capital. The disclosure was filed under Regulation 7(2) read with Regulation 6(2) of SEBI's Prohibition of Insider Trading Regulations, 2015, which mandates continual disclosure by promoters and designated persons. The company secretary, Geetanjali Malik, submitted the disclosure to BSE on 04 June 2025. The filing details the share count and percentage sold but does not disclose the transaction value or the buyer's identity.
A 4.78% insider sale is a sizeable block transaction that could create near-term supply pressure on the stock and may be viewed negatively by retail investors. Shareholders should watch for further disclosures to gauge whether more selling is likely.