Gravity
13.02
+0.62(+5.00%)
Market Cap₹101.53 Cr
PE Ratio16.99
IndustryTextiles
Company Performance:
1D+5.00%
1M+16.67%
6M+119.93%
1Y+211.48%
5Y+627.37%
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More news about Gravity
17Mar 26
Gravity (India) Limited Receives BSE In-Principle Approval for Rights Issue of Equity Shares
Gravity (India) Limited has received in-principle approval from BSE Limited for its proposed rights issue of fully paid-up equity shares, with the approval granted on March 16, 2026. The company can now use BSE's name in its Letter of Offer subject to mandatory disclaimer requirements and must comply with various regulatory conditions including record date notifications and price disclosures. The exchange has also granted in-principle approval for listing the securities subject to completion of post-issue requirements and statutory compliances.
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26Nov 25
Gravity (India) Limited Addresses Auditor Qualifications in Quarterly Results
Gravity (India) Limited has responded to six auditor qualifications in its Q2 FY24 Limited Review Report. Issues include unverified income of Rs. 2,036.40 Lakhs, non-compliance with Ind AS 19 and 116, delayed TDS deposits, and misalignment of business activities with the company's object clause. Management has provided explanations and outlined corrective measures for each qualification, emphasizing their commitment to compliance and transparent financial reporting. The company has initiated steps to address these non-compliances and expects to complete the processes in due course.
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04Sept 25
Gravity (India) Limited Approves Property Sale, Schedules AGM, and Plans Business Expansion
Gravity (India) Limited's board has approved the sale of a property in Silvassa, scheduled the 38th AGM for September 30, 2025, and proposed expansion into IT services and electronic devices trading. The board also appointed CA Kamlesh Dave as statutory auditor and regularized four directors. These decisions, including changes to the company's object clause, are subject to shareholder approval at the upcoming AGM.
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23Aug 25
Gravity India Promoters Offload 1.37% Stake in Open Market Transactions
Two promoters of Gravity (BSE: 532015) sold shares on August 21, 2025, reducing their combined stake by 1.37%. Daksha Rasiklal Thakkar sold 119,805 shares (1.33%), exiting completely. Varun Rasiklal Thakkar sold 3,512 shares (0.04%), retaining a 5.99% stake. This follows Varun's earlier sale of 1.82% stake on August 20. The transactions comply with SEBI regulations and have been disclosed to BSE and Gravity's Board.
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22Aug 25
Gravity Promoter Varun Rasiklal Thakkar Reduces Stake by 1.82%
Varun Rasiklal Thakkar, a key promoter of Gravity, has sold 163,477 equity shares (1.82% of total share capital) in an open market transaction. His shareholding has decreased from 7.85% (706,448 shares) to 6.03% (542,971 shares). The company's total equity share capital remains unchanged at Rs. 9,00,19,500. The transaction was disclosed in compliance with SEBI regulations.
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Gravity
13.02
+0.62
(+5.00%)
1 Year Returns:+211.48%
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