Shareholding28 Aug 2026, 11:36 am
Ribbit Cayman Sells 49.94M Shares of Billionbrains Garage
AI Summary
Ribbit Cayman GW Holdings V Ltd has disclosed the disposal of 49,942,079 equity shares in Billionbrains Garage Ventures Ltd. The transaction, executed via open market block trade on August 27, 2026, reduced Ribbit Cayman's holding from 279,724,637 shares to 229,782,558 shares. This represents a significant reduction in their stake in the company. The disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Ribbit Cayman GW Holdings V Ltd disposed of 49.94 million shares.
- The sale occurred on August 27, 2026, via open market block trade.
- Billionbrains Garage Ventures Ltd is the target company.
- Holding reduced from 279.72 million to 229.78 million shares.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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