Billionbrains Garage Ventures Ltd. Sees Fortune First Trust Encumbrance Activity
Billionbrains Garage Ventures Limited announced on March 20, 2026, activity related to encumbrance of shares by Fortune First Trust, a promoter group. The disclosure, made to the National Stock Exchange of India Limited and BSE Limited, details the creation of encumbrances on shares held by various entities within Fortune First Trust.The disclosure reveals that Fortune First Trust created an encumbrance on 2,000,000 shares, representing 0.32% of the total share capital, on March 13, 2026. These shares were pledged to Aditya Birla Capital Limited. The total value of these shares encumbered is 6,250,000, representing 0.10% of the total share capital.
Further details on the creation of encumbrances for other entities including Rohi Ramlal Parmar, Harsh Jain, Tanya Gupta (Ikigai Family Trust), Anagha Kapse, Lalit Keshre, Ishan Bansal, Nupur Jain, Neeraj Singh, and Ramesh Kumar Jain, are presented below:
| Name of Entity | Number of Shares | % of Total Share Capital | Details of Events Pertaining to Encumbrance | Post Event Holding of Encumbered Shares | Post Event Holding of Encumbered Shares | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rohi Ramlal Parmar | 8,014,000 | 0.13 | |||||||||||
| Harsh Jain | 3,915,797 | ||||||||||||
| Tanya Gupta (Ikigai Family Trust) | 15,000,000 | 0.24 | |||||||||||
| Vikas Singh | 3,591,308 | 0.06 | 3,591,308 | ||||||||||
| Anagha Kapse | 15,000,000 | 0.24 | |||||||||||
| Lalit Keshre | 53,906,467 | 8.55 | |||||||||||
| Ishan Bansal | 25,771,521 | 4.09 | |||||||||||
| Nupur Jain | 7,157,590 | 0.11 | |||||||||||
| Tanya Gupta | 6,479,000 | 0.10 | |||||||||||
| Neeraj Singh | 36,319,931 | 5.76 | |||||||||||
| Ramesh Kumar Jain | 80,000 | 0.00 |
The total number of shares encumbered currently amounts to 145,778,226, representing approximately 23.06% of the total share capital. Fortune First Trust maintains that no other promoters or members of the promoter group hold shares in the company. Additionally, none of the promoters and members of the promoter group are acting in concert with Fortune First Trust regarding the aforementioned encumbrance.
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