The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shraddha Varun Thakkar

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.9%Reaction day

₹4.78

prior close

₹4.66

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%-4.4% vs market

Other Textile Products peers, median of 174sector+0.1%-3.1% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.1 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+4.1

10m

-1.3

15m

-1.3

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+1.5-4.4+0.1-3.1

Next day

-6.7-1.2-5.5-2.2-4.5

-6.9+0.1-7.0-1.2-5.7

-2.9-0.8-2.1-1.6-1.4

+0.2-0.9+1.1-2.1+2.3

-3.6+3.7-7.3+0.1-3.7

-0.4+7.1-7.5+2.6-3.0

15d

+32.2+11.2+21.0+5.0+27.2

+28.7+13.2+15.5+4.7+23.9

+27.6+15.5+12.1+6.5+21.2

+27.8+12.7+15.1+1.7+26.1

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 174Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shraddha Varun Thakkar, an immediate relative of the promoter of Gravity (India) Limited, sold 99,990 equity shares (1.11% of total capital) in the open market on 29 April 2025. Her holding in the company reduced from 1,97,674 shares (2.20%) to 97,684 shares (1.09%). The disclosure has been filed with BSE under SEBI's substantial acquisition and takeover regulations.

Likely market impact

A modest open-market sale by a promoter's immediate relative, reducing personal holding by about half. This is a relatively small stake sale (1.11%) and is unlikely to materially impact the stock price, though it is worth monitoring for any further selling by the promoter group.