21-Sept-2026 16:29:42
GROWWGeneral news
BILLIONBRAINS GARAGE VENTURES LTD : DISCLOSURE UNDER REG 29(2) OF TAKEOVER REGULATIONS
• Sequoia Capital Global Growth Fund III has sold 1,55,34,152 equity shares of face value ₹2 each. • Transactions took place between May 12, 2026 and September 17, 2026 via open market transactions. • Seller's holding was 9,85,33,510 shares (1.57% of total share capital) before disposal. • After sale, holding reduced to 8,29,99,358 shares (1.32% of total diluted share capital). • The transactions triggered disclosure threshold under Regulation 29(2) of Takeover Regulations. Impact: Neutral (Disclosure of substantial share sale)
Billionbrains Garage Ventures Limited
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