Disclosure under Regulation 7(2) read with Regulation 6(2) - Continual Disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015
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Awaiting price reaction for this filing.
Ms. Shraddha Thakkar, an Immediate Relative (wife of Varun Thakkar, classified as a Promoter/Director), sold 99,990 equity shares of Gravity (India) Limited on 29 April 2025 through on-market transactions. This sale represents 1.1108% of the company's total share capital and was executed at a total value of approximately Rs. 4.65 lakh. Following this sale, her holding reduced from 197,674 shares (2.1959%) to 97,684 shares (1.0851%). The disclosure was filed under SEBI's Insider Trading Regulations as a continual disclosure by a connected person.
This is a promoter-group insider trimming holdings by over 1% of the company through a market sale. While the absolute value is modest, insider selling signals at the promoter level can be a soft negative sentiment cue for retail investors watching the stock.