NSESale or disposal4 Aug 2026 · 4 Aug 2026, 04:29 pm

Sale or disposal

Billionbrains Garage Ventures Limited · GROWW

✦ AI SummaryFundraise

Billionbrains Garage Ventures Limited has informed the Exchange about the update on proposed investment by State Street Global Advisors, Inc. in Groww Asset Management Limited (Subsidiary). The conditions precedent and closing conditions under the transaction documents have been fulfilled, and the transactions have been completed. State Street Global Advisors, Inc. now holds 4.85% voting rights and 22.94% economic interest in Groww Asset Management Limited.

Analysis Scores

Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Billionbrains Garage Ventures Limited has informed the Exchange about the update on proposed investment by State Street Global Advisors, Inc. in Groww Asset Management Limited (Subsidiary) is annexed herewith.

Attachments (1)

📄

BILLIONBRAINS_04082026162849_SSGA_SD.pdf

pdf

Download →
View document text
August 04, 2026 To, To, The Listing Department, The Listing Department BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 Scrip code: 544603 Symbol: GROWW Dear Sir / Madam, Sub: Update on Proposed Investment in Groww Asset Management Limited This is in furtherance to our letter dated January 14, 2026, March 26, 2026 and June 01, 2026, whereby we had informed the Stock Exchanges regarding the execution of the Share Subscription and Share Purchase Agreement, Shareholders' Agreement and other relevant documents involving Billionbrains Garage Ventures Limited ("Company"), Groww Asset Management Limited ("Groww AMC") and State Street Global Advisors, Inc. ("SSGA") in relation to SSGA's proposed investment in Groww AMC (‘Proposed Transaction’). We are pleased to inform you that all conditions precedent and closing conditions under the transaction documents have been duly fulfilled, including receipt of the requisite regulatory and other approvals. Accordingly, the transactions contemplated under the intimation dated January 14, 2026 have been completed. Pursuant to completion of the Proposed Transaction, SSGA holds voting rights aggregating to 4.85% and an economic interest aggregating to 22.94% of the fully diluted share capital of Groww AMC. The above disclosure is being made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In compliance with the aforesaid regulation, the aforesaid information is also being made available on the Company's website i.e. www.groww.in. Kindly take the above information on record. Thanking you, Yours faithfully, For Billionbrains Garage Ventures Limited (Formerly known as Billionbrains Garage Ventures Private Limited) Roshan Dave Company Secretary and Compliance Officer Billionbrains Garage Ventures Limited (Formerly known as Billionbrains Garage Ventures Private Limited) Registered Office: Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No.16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103 W: www.groww.in E:corp.secretarial@groww.in T: +91 80-69601300 CIN: L72900KA2018PLC109343