BSEGravity India Ltd-$· Textiles & ApparelsHighNegative
Announced Wed, 30 Apr, 2025 · 10:12 IST

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

Promoter Stake Sell 1pctOwnership Changes View source PDFExplain 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
-0.9%Reaction day
₹4.65
prior close
₹4.82
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.2%+1.3% vs market
Other Textile Products peers, median of 166sector-1.9%+1.0% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.0 pts more 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
5m
+0.0
10m
+0.0
15m
+0.0
30m
+0.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.9-2.2+1.3-1.9+1.0
Next day
+2.8-2.3+5.1-1.4+4.2
2d
-0.2-0.8+0.6-1.2+1.0
3d
-4.1-3.4-0.7-3.9-0.2
4d
-4.3-2.2-2.1-2.3-2.0
5d
-0.2-3.0+2.8-2.9+2.7
1w
-0.9+1.4-2.2-0.6-0.2
15d
+36.3+7.4+29.0+2.6+33.7
1m
+16.3+9.7+6.7+2.2+14.1
2m
+29.0+13.0+16.0+3.6+25.5
3m
+35.5+12.6+22.9+3.1+32.4
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 166Pending

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

AI summary

Promoter Samir Thakkar sold 100,000 equity shares of Gravity (India) Limited on April 28, 2025, through the open market. The sale represents 1.1109% of the company's total share capital. Before the transaction, he held 188,368 shares (2.0925%); after the sale, his holding dropped to 88,368 shares (0.9817%). The disclosure was filed under SEBI's Takeover Regulations (Reg 29(2)) and Insider Trading Regulations (Reg 7(2) read with 6(2)).

Likely market impact

This is a notable reduction in promoter stake, cutting his holding by more than half (from ~2.09% to under 1%), which retail investors should monitor as repeated promoter selling can be a negative sentiment signal for the stock.