Billionbrains Garage Ventures Ltd disclosed its shareholding pattern for the financial year ended March 31, 2026, confirming compliance with SEBI regulations. The company submitted the filing to BSE Limited and National Stock Exchange of India Ltd. under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure provides transparency regarding the ownership structure and any encumbrances on shares held by the promoters.

The promoters of Billionbrains Garage Ventures Ltd declared that no new encumbrances were created on the shares held by them or their respective promoter groups during FY26. This declaration excludes encumbrances that were already disclosed to the stock exchanges in accordance with Regulation 31(1) and 31(2) of the Takeover Code. The promoters stated that they acted solely on their own behalf and not as persons acting in concert.

The filing identified four individuals as promoters: Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. Additionally, the document listed 65 entities classified as promoter group members, bringing the total number of disclosed individuals and entities to 69. The list includes family members, Hindu Undivided Families (HUFs), family trusts, and various private limited companies associated with the promoters.

The detailed roster of promoter group members features entities such as Stargazer Growth LLP, Stargazer Inc., and Inkandoak Book Ventures Private Limited. Other listed entities include Chandu Mal Cotton Factory, Bansal Cold Store, and Hindustan Feeds. The presence of these entities highlights the extended network of stakeholders associated with the company's primary promoters.

Roshan Dave, the Company Secretary and Compliance Officer, signed the disclosure on behalf of Billionbrains Garage Ventures Ltd. The document was digitally signed and submitted to the exchanges on April 08, 2026. The company, formerly known as Billionbrains Garage Ventures Private Limited, is headquartered at Vaishnavi Tech Park in Bangalore.

Promoter and Promoter Group Details

Billionbrains Garage Ventures Limited granted 2,74,214 stock options to eligible employees under its Employee Stock Option Scheme 2024 on June 01, 2026. The options are priced at ₹2 each and are convertible into fully paid-up equity shares with a face value of ₹2 per share. The grant was approved by the Nomination and Remuneration Committee (NRC) and is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The scheme adheres to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The total number of equity shares covered by these options is 2,74,214, including adjustments for corporate actions as provided under the ESOP schemes. The exercise period for the options is ten years from the date of vesting, subject to the terms and conditions of the scheme.

Vesting details were not applicable as this disclosure pertains specifically to the grant of options. The scheme outlines provisions for handling stock options in cases of death, permanent incapacity, resignation, termination, or retirement.

Key Details of the Grant