The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Varun Rasiklal Thakkar
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Varun Rasiklal Thakkar, a promoter of Gravity India Limited, has sold 3,512 equity shares in the open market on 21 August 2025. The shares sold represent 0.0390% of the company's total share capital. Before the sale, the promoter held 5,42,971 shares (6.0317%); after the sale, his holding stands at 5,39,459 shares (5.9927%). The disclosure was filed under SEBI's Takeover Regulations. The total equity share capital of the company remains unchanged at Rs. 9,00,19,500 (90,01,950 shares of Rs. 10 each).
This is a very small, routine trim by the promoter with negligible impact on shareholding pattern or stock price. The promoter's stake remains well below 1% change threshold and the sale is not material to investors.