Billionbrains Garage Ventures has informed that the Board of Directors (the Board) of the Billionbrains Garage Ventures (Company), at its meeting held today has, taken the following actions: Approved the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026 (the Unaudited Financial Results). The copy of the Unaudited Financial Results along with the Limited Review Report received from our Statutory Auditors, BSR & Co. LLP, Chartered Accountants is enclosed as Annexure A; Approved the reclassification of Authorised Share Capital of the Company from Rs. 5000,00,00,000 (Rupees Five Thousand Crores Only) divided into 2332,50,00,000 (Two Thousand Three Hundred and Thirty-Two Crores and Fifty Lakhs) Equity Shares of Rs. 2/- (Rupees Two Only) each, and 33,50,00,000 (Thirty-Three Crores Fifty Lakhs) Preference Shares of Rs. 10/- (Rupees Ten Only) each to Rs. 5000,00,00,000 (Rupees Five Thousand Crores Only) divided into 2500,00,00,000 (Two Thousand Five Hundred Crores) Equity Shares of Rs. 2 (Rupees Two Only) each and consequential alteration in the capital clause of the Memorandum of Association subject to shareholders’ approval; Based on the recommendation of the Audit Committee, the Board has approved the appointment of Ernst & Young LLP as the Internal Auditor of the Company for the Financial Year 2026-27, in place of the existing Internal Auditor, upon completion of its term. The details required under Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations and the SEBI circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, is annexed herewith as Annexure B. The Board Meeting commenced at 10:30 a.m. (IST) and concluded at 11:15 am (IST).
The above information is a part of company’s filings submitted to BSE.
