Gravity , a company listed on the BSE under scrip code 532015, witnessed significant share sales by two of its promoters on August 21, 2025. The transactions, conducted through open market sales, resulted in a combined reduction of 1.37% stake in the company.

Details of the Share Sales

Daksha Rasiklal Thakkar, one of the promoters, sold 119,805 equity shares, representing 1.33% of the company's total capital. Following this transaction, Daksha Rasiklal Thakkar's holding in the company has been reduced to zero.

Varun Rasiklal Thakkar, another promoter, sold 3,512 equity shares, accounting for 0.04% of the total capital. After the sale, Varun Rasiklal Thakkar retains 539,459 shares, equivalent to a 5.99% stake in the company.

Impact on Shareholding

The transactions have led to changes in the promoter shareholding structure of Gravity. Here's a breakdown of the changes:

Company Overview

Gravity has a total equity share capital of Rs. 9,00,19,500, comprising 90,01,950 equity shares with a face value of Rs. 10 each. The company's shares are listed on the BSE Limited.

Regulatory Compliance

In compliance with SEBI regulations, the promoters have made the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. These disclosures were promptly communicated to the BSE Limited and the Board of Directors of Gravity.

Previous Transaction

It's worth noting that this sale follows a previous transaction by Varun Rasiklal Thakkar on August 20, 2025, where he sold 163,477 equity shares, representing 1.82% of the company's total capital. This earlier sale reduced his holding from 7.85% to 6.03%.

Gravity has reported a significant change in its promoter shareholding. Varun Rasiklal Thakkar, a key promoter of the company, has reduced his stake through an open market transaction.

Transaction Details

Thakkar sold 163,477 equity shares of Gravity, representing approximately 1.82% of the company's total share capital. The shares, each with a face value of Rs. 10.00, were sold in the open market.

Impact on Shareholding

Following this transaction, Thakkar's holding in Gravity has decreased substantially:

This represents a net reduction of 1.82% in Thakkar's stake in the company.

Company Capital Structure

The sale has not affected Gravity's overall equity structure. The company's total equity share capital remains unchanged at Rs. 9,00,19,500, comprising 90,01,950 equity shares with a face value of Rs. 10.00 each.

Regulatory Compliance

The transaction was disclosed in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Thakkar, as a promoter of Gravity, filed the necessary disclosures with the BSE Limited, where the company is listed.

About Gravity

Gravity is a publicly traded company listed on the BSE Limited. The company's shares are actively traded on the exchange, allowing for such open market transactions by promoters and other shareholders.

Investors and market participants are advised to take note of this change in the promoter's shareholding pattern, as it may have implications for the company's ownership structure.