Shareholding28 Aug 2026, 11:34 am
Ribbit Capital V Sells 63.17M Shares of Billionbrains Garage Ventures
AI Summary
Ribbit Capital V, L.P. has disclosed the disposal of 63,169,322 equity shares in Billionbrains Garage Ventures Ltd. The transaction, executed via open market block trade on August 27, 2026, reduced Ribbit Capital V's holding from 353,810,176 shares to 290,640,854 shares. This represents a significant reduction in their stake in the company. The shares sold carried voting rights, and the total diluted share capital of the company after the sale remains 290,640,854 equity shares of INR 2 each.
Key Highlights
- Ribbit Capital V disposed of 63.17 million shares.
- The sale occurred on August 27, 2026, via open market block trade.
- Post-sale, Ribbit Capital V holds 290.64 million shares.
- This is a substantial reduction in shareholding.
- The transaction falls under SEBI (Takeovers) Regulations, 2011.
Price Impact
More from GROWW