BSEGravity India Ltd-$HighNegative
Announced Fri, 2 May · 16:41 IST

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

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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

Price reaction · full curve

Awaiting price reaction for this filing.

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.