Saligrama of Braiin Ltd (NASDAQ: BRAI) reports major direct and trust-held stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Viswanatha Chetan Saligrama, President and COO of Braiin Ltd, reports beneficial ownership of Ordinary Shares as of the stated date. He holds 4,631,383 Ordinary Shares directly and an additional 5,107,305 Ordinary Shares indirectly through the Advaitha Family Trust, reflecting both personal and trust-held positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Viswanatha Chetan Saligrama
Role
President, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 4,631,383 shares (Direct);
Ordinary Shares — 5,107,305 shares (Indirect, Held by Advaitha Family Trust.)
Footnotes (1)
Key Figures
Direct Ordinary Shares: 4,631,383 shares
Indirect Ordinary Shares via trust: 5,107,305 shares
2 metrics
Direct Ordinary Shares
4,631,383 shares
Total shares held directly following the reported holdings
Indirect Ordinary Shares via trust
5,107,305 shares
Total shares held indirectly via Advaitha Family Trust
Key Terms
Ordinary Shares, indirect ownership, Advaitha Family Trust, beneficial ownership
4 terms
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership describing trust-held shares"
Advaitha Family Trust financial
"nature_of_ownership: "Held by Advaitha Family Trust.""
beneficial ownership financial
"Form 3 summarizes beneficial ownership of Ordinary Shares by the insider"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does Braiin Ltd (BRAI) Form 3 report for Viswanatha Chetan Saligrama?
The Form 3 reports that Viswanatha Chetan Saligrama beneficially owns Braiin Ltd Ordinary Shares, including a large direct position and additional shares held indirectly via the Advaitha Family Trust, establishing his initial ownership position as a director and President, COO.
What is the Advaitha Family Trust’s role in Braiin Ltd (BRAI) ownership?
The Advaitha Family Trust holds 5,107,305 Ordinary Shares of Braiin Ltd indirectly attributed to Saligrama. These shares are reported as indirect ownership, indicating they are held by the trust rather than in his personal name, but are still beneficially associated with him.
Is the Braiin Ltd (BRAI) Form 3 a record of trades or current holdings?
The Form 3 here shows holding entries for Ordinary Shares, not explicit buy or sell transactions. It records the number of shares Saligrama beneficially owns directly and indirectly as of the reported date, establishing a baseline ownership position rather than detailing market trades.
What roles does Saligrama hold at Braiin Ltd (BRAI) in this filing?
In this filing, Saligrama is identified as both a director and an officer of Braiin Ltd, serving as President, COO. These roles explain why his ownership must be reported, highlighting his status as a key member of the company’s leadership team.