The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jay Thakkar
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Awaiting price reaction for this filing.
Jay Thakkar, identified as a member of the promoter group, sold 19,607 equity shares representing 0.2178% of the total share capital of Gravity (India) Limited on April 29, 2025 through the open market. The sale reduced his holding from 42,107 shares (0.4678%) to 22,500 shares (0.25%). The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's total equity share capital remains unchanged at 90,01,950 shares. The shares are listed on the BSE.
This is a minor stake sale by an individual promoter, trimming an already small holding. Given the very small size (well below 1%), this is unlikely to have a meaningful impact on the stock price or on promoter control of the company.