Holding Structure & Equity Allocation
of Bharat Renewable Agro Industries Network Limited (BRAIN Ltd)
Presented to the Board of Directors for review, deliberation, and approval
| Shareholder / Description | Category | Promoter Units | Equity Stake (%) |
|---|---|---|---|
| Promoter | 25 | ||
| Promoter | 25 | ||
| Promoter | 40 | ||
| Non-Controlling | 10 | ||
| Public Offer | — | ||
| Total | 100 | 100.00% | |
Equity Composition
Per-Promoter Equity Stake
Shareholding Pattern — Proportional View
The three promoters — Marjaan Shah (25 units), Amey Garad (25 units), and Dilip Vasvani (40 units) — collectively hold 90 promoter units, translating to a 27% combined equity stake. Together with the 3% non-controlling / gift stock allocation, the total promoter-group holding stands at 30%, constituting the controlling interest in the company.
The remaining 70% equity is unallocated and earmarked for public subscription by IPO investors, High Net-worth Individuals (HNI), Foreign Institutional Investors (FII), Banks, and other eligible categories. All shares under this tranche shall be issued at a premium of 1000% over face value, subject to applicable regulatory approvals and valuation report.
A total of 10 promoter units (3% equity) are earmarked for Subscribers, Stack to Staff participants, Working Professionals, and Target Achievers. These shares are issued as gift / incentive stock and carry no voting rights or controlling interest in the company's affairs.
This shareholding pattern and any proposed public offer shall be carried out in strict compliance with the Companies Act, 2013, SEBI (ICDR) Regulations, and all other applicable laws. Issue of shares at premium requires a valuation report from a registered valuer. The Board is requested to note and approve this structure before proceeding to filing.
