The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shraddha Varun Thakkar
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shraddha Varun Thakkar, an immediate relative of the promoter/promoter group of Gravity (India) Limited, sold 97,684 equity shares representing 1.0851% of the total share capital via open market on 30th April 2025. The company has a total equity share capital of 90,01,950 shares. The filing is a mandatory disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, submitted to BSE. The mode of sale was open market, and the disclosure was signed from Mumbai on 2nd May 2025.
A 1.08% open-market sale by an immediate relative of the promoter group is a mild negative signal for retail investors, indicating some stake reduction within the promoter circle, though the quantum is relatively small for a small-cap company.