Groww has announced the grant of 6,04,009 stock options to eligible employees under its Employee Stock Option Scheme 2024. The grant was made on March 14, 2026, as part of the company's employee incentive program.

Stock Option Grant Details

The comprehensive details of the stock option grant have been disclosed in compliance with regulatory requirements:

Scheme Compliance and Structure

The Employee Stock Option Scheme 2024 operates in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Each stock option granted is convertible into one fully paid-up equity share having a face value of Rs. 2 each. The total of 6,04,009 equity shares of face value Rs. 2 each are covered by the stock options granted, including requisite adjustments pursuant to corporate actions as provided under the ESOP schemes.

Exercise Terms and Conditions

The granted stock options come with specific terms governing their exercise:

• Exercise Period: Options may be exercised within 10 years from the date of vesting
• Pricing Structure: Fixed exercise price of Rs. 2 per stock option
• Conversion Ratio: One-to-one conversion into equity shares
• Special Provisions: The scheme includes provisions for handling stock options in cases of death, permanent incapacity, resignation, termination, and retirement

Regulatory Compliance

Billionbrains Garage Ventures Limited has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has notified both BSE (Scrip code: 544603) and NSE (Symbol: GROWW) about the stock option grant. Additionally, the information has been made available on the company's website at www.groww.in as required by regulatory guidelines.

The disclosure follows the format specified in the SEBI Master Circular dated January 30, 2026, ensuring comprehensive transparency regarding the employee stock option grant to all stakeholders.

Billionbrains Garage Ventures Limited, operating under the brand name groww , has announced a significant allotment of equity shares to its employee welfare trust. The company's Nomination and Remuneration Committee approved the allotment of 10,00,00,000 equity shares to the Groww Employee Welfare Trust on March 06, 2026, as part of the Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024.

Share Allotment Details

The allotted shares carry a face value of Rs. 2/- each and are fully paid up. These shares have been specifically allocated to the ESOP Trust and will subsequently be transferred to eligible employees when they exercise their stock options under the established scheme.

Impact on Share Capital

The allotment has resulted in a substantial increase in the company's paid-up share capital. The capital structure transformation reflects the company's commitment to employee participation through equity ownership.

Regulatory Compliance and Next Steps

The allotment was conducted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about this development through formal notifications.

Billionbrains Garage Ventures Limited is currently completing the necessary formalities for listing and trading approval of the newly allotted shares. The company has also made this information available on its official website at www.groww.in , ensuring transparency and regulatory compliance.

Company Information

Billionbrains Garage Ventures Limited, formerly known as Billionbrains Garage Ventures Private Limited, operates from its registered office in Bangalore, Karnataka. The company is listed on both BSE (Scrip code: 544603) and NSE (Symbol: GROWW), providing investors with multiple trading platforms for its equity shares.