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