Billionbrains Garage Ventures Ltd

Billionbrains Garage Ventures Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The decision is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The specific date for the Board of Directors' meeting to approve these results will be communicated separately. The information is also available on the company's website.

Billionbrains Garage Ventures Ltd has issued a revised intimation regarding the grant of 2,74,214 stock options under its Employee Stock Option Scheme 2024. The company corrected the date of grant from June 01, 2026, to June 02, 2026, due to an inadvertent error in the previous filing dated June 02, 2026. All other details of the stock option grant remain unchanged. The options are exercisable at ₹2 per stock option and are convertible into one equity share each. The exercise period is 10 years from the vesting date.

SEBI has taken on record the proposed transaction involving State Street Global Advisors, Inc. (SSGA) investing in Groww Asset Management Limited (Groww AMC), a wholly-owned subsidiary of Billionbrains Garage Ventures Ltd. Following the transaction, SSGA will hold 4.85% voting rights and a 22.94% economic interest in Groww AMC's fully diluted share capital. The transaction does not involve any change in control of Groww AMC.

Ribbit Cayman GW Holdings V Ltd. disposed of 62,755,964 equity shares of Billionbrains Garage Ventures Ltd., reducing its holding from 342,480,601 to 279,724,637 shares. This transaction was executed through open market block trade on May 12, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ribbit Capital V L.P. disposed of equity shares of Billionbrains Garage Ventures Ltd. according to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sale involved 79,376,985 shares, reducing Ribbit Capital's holding to 353,810,176 equity shares. The transaction was executed through open market (block trade) on May 12, 2026.

GW E Ribbit Opportunity V LLC disposed of equity shares in Billionbrains Garage Ventures Ltd, as per Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The sale involved 2,218,498 shares, reducing their holding from 12,107,097 to 9,888,599 shares. The transaction was executed through the open market on May 12, 2026.

Billionbrains Garage Ventures Ltd has filed its Monitoring Agency Report for the quarter ended March 31, 2026, issued by CRISIL Ratings Limited. The report, prepared as per SEBI regulations, confirms the utilization of funds raised through the company's Initial Public Offer (IPO). The report indicates no deviation from the IPO's stated objectives. The IPO, which occurred between November 4-7, 2025, raised gross proceeds of ₹10,600 million, with net proceeds of ₹10,159.84 million after accounting for issue expenses.

Billionbrains Garage Ventures Ltd has announced the disclosure of Key Performance Indicators (KPIs) as defined in their prospectus dated November 7, 2025. These KPIs are now available on the company's investor relations website. This action complies with SEBI regulations, including the Issue of Capital and Disclosure Requirements Regulations, 2018, and Listing Obligations and Disclosure Requirements Regulations, 2015.

Billionbrains Garage Ventures Ltd announced key management and audit changes following a Board Meeting. The company approved the appointment of M/s. Nilesh Shah & Associates as Secretarial Auditors for five years, subject to shareholder approval. The Board also noted the resignation of Mr. Ashish Agrawal as Nominee Director, effective April 20, 2026. Additionally, the company approved its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with the auditor's report.

Billionbrains Garage Ventures Ltd announced the resignation of Mr. Ashish Agrawal, Nominee Director, effective April 20, 2026. He has ceased to be a member of the Corporate Social Responsibility Committee and Stakeholder Relationship Committee. The Board expressed appreciation for his contributions. The company also approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and appointed M/s Nilesh Shah & Associates as Secretarial Auditors for five years.