Disclosure under Regulation 7(2) Read with Regulation 6(2) - Continual Disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015 - Jay Thakkar
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Mr. Jay Thakkar, an insider at Gravity India Ltd, sold 20,184 equity shares on 8th May 2025. This represents 0.2242% of the company's total share capital. The disclosure was filed under SEBI's Prohibition of Insider Trading Regulations (Regulation 7(2) read with 6(2)). The company submitted this disclosure to BSE on 9th May 2025 through Company Secretary Geetanjali Malik.
This is a small insider sale (well below 1% of capital) and is unlikely to have any material impact on the stock price. It is a routine regulatory disclosure and signals no major change in promoter or insider conviction.