Billionbrains Garage Ventures Limited ( groww ) announced on August 04, 2026, that State Street Global Advisors, Inc. (SSGA) has completed its investment in Groww Asset Management Limited (Groww AMC). The completion of this transaction marks a significant milestone for the asset management firm, integrating global financial expertise into its operations and strengthening its capital base through a strategic partnership with a major international asset manager.

The company disclosed to the Bombay Stock Exchange and the National Stock Exchange of India Ltd. that all conditions precedent and closing conditions under the transaction documents have been fulfilled. This includes the receipt of requisite regulatory approvals necessary for the transfer of shares and implementation of the agreement.

Transaction Structure

Pursuant to the completion of the proposed transaction, SSGA’s stake in Groww AMC is structured with distinct voting and economic rights. This structure is common in strategic investments where investors seek economic participation without proportional control over corporate governance decisions.

The figures represent the shareholding as a percentage of the fully diluted share capital of Groww AMC.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely disclosure of material events to stock exchanges to ensure transparency for investors. The information was also published on the company’s website, www.groww.in , in compliance with these requirements.

This announcement follows previous intimations dated January 14, 2026, March 26, 2026, and June 01, 2026, regarding the execution of the Share Subscription and Share Purchase Agreement and the Shareholders' Agreement between Billionbrains Garage Ventures Limited, Groww AMC, and SSGA.

What the Numbers Show

The disparity between SSGA’s voting rights (4.85%) and its economic interest (22.94%) indicates a dual-class share structure or a specific shareholder agreement that decouples economic benefit from voting control. This allows Groww AMC to maintain operational independence and existing governance structures while benefiting from SSGA’s substantial financial commitment and global distribution capabilities. For investors in Billionbrains Garage Ventures Limited, this completion removes execution risk associated with regulatory approvals and finalizes the strategic alliance.

Billionbrains Garage Ventures Limited , trading as Groww, has scheduled its 8th Annual General Meeting (AGM) for Monday, August 24, 2026. The meeting will commence at 2:00 P.M. (IST) and be conducted exclusively through Video Conferencing (VC) or Other Audio Visual Means (OAVM). This digital format ensures shareholders can participate remotely while the company transacts business as outlined in the AGM notice, including the approval of financial results for FY25.

The announcement was made pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The public notice was published in Financial Express (all English editions) and Kannada Prabha (Kannada language) on July 30, 2026. The company emphasized that the AGM will be held in compliance with the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs (MCA), including General Circular No. 03/2025 dated September 22, 2025.

Meeting Details and Participation

The deemed venue for the AGM is the company’s registered office in Bengaluru. However, members will not be physically present at a common venue. Instead, participation will be entirely digital. The Notice of the AGM, along with the Annual Report for Financial Year 2025-26, was sent electronically to members who have registered their email addresses with the company, National Securities Depository Limited (NSDL), Central Depository Services (India) Limited (CDSL), or the Registrar and Share Transfer Agent, MUFG Intime India Private Limited (MIPL).

For shareholders who have not registered their email addresses, a letter containing a weblink to access the AGM notice and annual report has been dispatched. These documents are also available on the company’s website ( www.groww.in ), the websites of BSE and NSE, and the RTA’s portal.

E-Voting and Registration Procedures

Groww is providing a remote e-voting facility to all members to cast votes on resolutions set out in the AGM notice. Additionally, voting can be done during the AGM via the e-voting system. Members attending through VC/OAVM will be counted for quorum purposes under Section 103 of the Companies Act, 2013.

The Board has appointed MUFG Intime India Private Limited as the e-voting agency. Members holding shares in demat or physical form as on Monday, August 17, 2026 (the cut-off date), are entitled to cast their vote. Remote e-voting shall commence on Thursday, August 20, 2026, at 9:00 A.M. (IST) and end on Sunday, August 23, 2026, at 5:00 P.M. (IST).

Shareholders holding shares in demat mode are advised to register their email addresses with their Depository Participants (DPs). Those without registered emails can obtain login details by sending a signed request letter with DPID-CLID, PAN, and Aadhaar copies to the designated investor helpdesk emails. Physical share holders must submit specific forms to MIPL to register their contact details.