Billionbrains Garage Ventures Ltd

Billionbrains Garage Ventures Ltd announced the completion of the proposed investment by State Street Global Advisors, Inc. (SSGA) in Groww AMC. All conditions precedent and closing conditions have been fulfilled, including regulatory approvals. Following the transaction, SSGA now holds 4.85% of the voting rights and 22.94% of the economic interest in Groww AMC's fully diluted share capital. This disclosure is made in compliance with SEBI regulations and is also available on the company's website.

Billionbrains Garage Ventures Ltd has announced the 8th Annual General Meeting (AGM) scheduled for Monday, August 24, 2026, at 02:00 p.m. (IST). The meeting will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has also attached the Annual Report for the Financial Year 2025-26 and the Notice convening the AGM. The Annual Report and Notice are being sent electronically to members with registered email addresses. For others, a web-link will be provided. MUFG Intime India Private Limited has been appointed as the e-voting agency. The cut-off date for voting eligibility is Monday, August 17, 2026. Remote e-voting will commence on August 20, 2026, and conclude on August 23, 2026.

Billionbrains Garage Ventures Ltd announced its 8th Annual General Meeting (AGM) will be held on Monday, August 24, 2026, at 02:00 p.m. (IST) via Video Conferencing/Other Audio-Visual Means. The company has attached its Annual Report for FY 2025-26 and the Notice convening the AGM. The Annual Report and Notice are being sent electronically to members with registered email addresses. For others, a web-link will be provided. MUFG Intime India Private Limited is appointed as the e-voting agency. The cut-off date for voting eligibility is August 17, 2026. Remote e-voting will commence on August 20, 2026, and conclude on August 23, 2026.

Billionbrains Garage Ventures Ltd has been levied a penalty of ₹5,000 plus 18% GST (total ₹5,900) by the Stock Exchanges for a one-day delay in filing the Disclosure of Related Party Transactions for the half-year ended March 31, 2026. The filing, required in XBRL mode by April 20, 2026, was uploaded on April 21, 2026, due to technical issues. The company's board has noted the delay and advised strengthening internal processes. Billionbrains Garage Ventures Ltd is committed to timely compliance going forward. The company has been advised to pay the fine within 15 days or face potential freezing of promoter shareholding.

Billionbrains Garage Ventures Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CRISIL Ratings Limited, details the utilization of funds raised through the company's Initial Public Offer (IPO). As per SEBI regulations, the report confirms the application of funds raised. The company has also uploaded this information on its website, www.groww.in. The report indicates no deviation from the IPO's stated objects and confirms that the monitoring agency has no perceived conflict of interest. The total IPO issue size was ₹1,060.00 crore, with net proceeds of ₹1,015.98 crore after accounting for issue expenses.

Billionbrains Garage Ventures Ltd has informed the stock exchanges, ROC, and SEBI about the Key Performance Indicators (KPIs) as defined in their prospectus dated November 07, 2025. These KPIs have been uploaded to the company's investor relations website (https://groww.in/investor-relations) for public access. This disclosure is in compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Investors can now refer to the company's website for detailed performance metrics.

Billionbrains Garage Ventures Ltd announced a reclassification of its authorised share capital following a Board Meeting. The company's authorised share capital will be reclassified from ₹5000 Crores, divided into 2332.50 Crores Equity Shares of ₹2 each and 33.50 Crores Preference Shares of ₹10 each, to ₹5000 Crores divided into 2500 Crores Equity Shares of ₹2 each. This change necessitates a consequential alteration in the capital clause of the Memorandum of Association, subject to shareholder approval. The Board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and appointed Ernst & Young LLP as the Internal Auditor for FY 2026-27.

Billionbrains Garage Ventures Limited announced the appointment of M/S Ernst & Young LLP as the new internal auditor for the Financial Year 2026-27, succeeding the previous auditor upon completion of their term. The Board of Directors also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and proposed a reclassification of Authorised Share Capital, subject to shareholder approval. The Board meeting took place on July 15, 2026, commencing at 10:30 a.m. IST and concluding at 11:15 a.m. IST.

Billionbrains Garage Ventures Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board also approved the reclassification of authorized share capital, subject to shareholder approval, and appointed Ernst & Young LLP as the new Internal Auditor for FY 2026-27. The company's registered office is located in Bangalore, Karnataka, and further details are available on their website.

Billionbrains Garage Ventures Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved a reclassification of the company's authorized share capital, subject to shareholder approval. Additionally, Ernst & Young LLP has been appointed as the Internal Auditor for the Financial Year 2026-27. The company also provided details regarding the limited review report from its statutory auditors, BSR & Co. LLP.