Groww Q2FY27 Results: Board approves financials, promoter reclassification
- Board approved unaudited Q2FY27 standalone and consolidated results
- Certain promoter group members approved for reclassification to Public category
- Reclassification subject to SEBI Regulation 31A approvals
- Limited Review Report submitted by M/s. BSR & Co. LLP
*this image is generated using AI for illustrative purposes only.
Billionbrains Garage Ventures Limited , operating under the brand Groww, approved its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The board also cleared the reclassification of certain promoter group members from the "Promoter Group" category to the "Public" category.
The decision follows a request received for reclassification, which was subject to necessary approvals under Regulation 31A of the SEBI Listing Regulations. The company stated it is in the process of making the required applications and submissions with the stock exchanges.
Board meeting details
The board meeting commenced at 10:45 am and concluded at 12:35 pm on October 14, 2026. The unaudited financial results were enclosed along with the Limited Review Report received from statutory auditors M/s. BSR & Co. LLP, Chartered Accountants.
| Item | Details |
|---|---|
| Period | Quarter and half year ended September 30, 2026 |
| Auditor | M/s. BSR & Co. LLP, Chartered Accountants |
| Meeting Time | 10:45 am to 12:35 pm |
| Regulatory Reference | Regulation 30 and 31A, SEBI Listing Regulations |
Promoter group changes
The reclassification moves specific individuals or entities out of the promoter group into the public shareholder category. This action was taken pursuant to requests made earlier, as intimated by the company on October 12, 2026. The change is conditional upon receipt of all prescribed approvals from the regulatory authorities.
The information regarding these outcomes has been made available on the company's website in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Groww
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.52% | -0.20% | -3.71% | -0.98% | +46.81% | +46.81% |
How might the reclassification of promoter group members to the public category impact Groww's future shareholding pattern and liquidity on stock exchanges?
What specific strategic or operational motivations are driving the promoter group's request to reclassify certain members under SEBI Regulation 31A?
Could the pending regulatory approvals for this reclassification delay any potential secondary offerings or fundraising activities by Groww?
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
