Groww has completed the mandatory newspaper publication of its unaudited financial results for the quarter and nine months ended December 31, 2025. The company, formally known as Billionbrains Garage Ventures Limited, published these results in compliance with SEBI listing regulations on January 15, 2026.

## Regulatory Compliance and Publication Details

The financial results were published in two newspapers to meet regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company selected Financial Express for English publication and Kannada Prabha for regional language coverage, ensuring comprehensive stakeholder communication.

## Corporate Governance and Transparency

The newspaper publications fulfill the company's obligations under Regulation 30 and 47 of SEBI regulations. Company Secretary and Compliance Officer Roshan Dave signed the regulatory filing, confirming adherence to disclosure requirements. The results are simultaneously available on the company's website at www.groww.in , providing easy access for investors and stakeholders.

## Digital Accessibility and Stakeholder Communication

Beyond newspaper publication, Groww has made the financial results accessible through multiple channels. The company provides a QR code linking directly to its investor relations section, demonstrating commitment to transparent communication. Stakeholders can access detailed financial information, including the limited review report, through the company's dedicated investor relations portal.

The publication represents standard corporate practice for listed companies, ensuring regulatory compliance while maintaining transparency with shareholders and the broader investment community. This quarterly disclosure forms part of Groww's ongoing commitment to corporate governance standards in the Indian financial services sector.

Billionbrains Garage Ventures Limited, operating under the Groww brand, has filed its quarterly monitoring agency report for IPO fund utilization during the quarter ended December 31, 2025. The report, prepared by CRISIL Ratings Limited as the appointed monitoring agency, provides detailed insights into how the company deployed its IPO proceeds across various strategic initiatives.

IPO Proceeds and Overall Utilization

The company's IPO, conducted from November 04 to November 07, 2025, raised gross proceeds of ₹10,600.00 million. After deducting issue expenses of ₹440.16 million, the net proceeds stood at ₹10,159.84 million. During the quarter ended December 31, 2025, Groww utilized ₹2,513.09 million from the total IPO proceeds.

Strategic Deployment Across Key Areas

The company's fund utilization during the quarter was spread across four primary objectives as outlined in the offer document. The largest deployment was towards funding the margin trading facility business through subsidiary Groww Invest Tech Private Limited (GIT), which received ₹850.00 million during the quarter.

Cloud Infrastructure and Technology Enhancement

Groww allocated ₹401.48 million towards cloud infrastructure expenses during the quarter. This represents utilization from the total allocated amount of ₹1,525.00 million for this objective, leaving ₹1,123.52 million unutilized. The proceeds were specifically used for availing cloud infrastructure related services to support the company's technology platform.

Brand Building and Marketing Activities

The company invested ₹672.29 million in brand building and performance marketing activities during the quarter. This utilization comes from the total allocated amount of ₹2,250.00 million for marketing initiatives, with ₹1,577.71 million remaining unutilized for future marketing campaigns.

Subsidiary Investments and Capital Enhancement

NBFC Capital Augmentation

Groww invested ₹423.77 million in its subsidiary Groww Creditserv Technology Private Limited (GCS), an RBI-licensed NBFC, for augmenting its capital base. The proceeds were utilized towards onward lending at the subsidiary level. Out of the total allocated ₹2,050.00 million for this purpose, ₹1,626.23 million remains unutilized.

Margin Trading Facility Business

The company deployed ₹850.00 million towards funding the margin trading facility business through subsidiary GIT. This represents the largest single utilization during the quarter from the allocated ₹1,675.00 million for this objective, leaving ₹825.00 million unutilized.

Unutilized Funds Management

The company has deployed its unutilized proceeds of ₹8,086.91 million across various fixed deposits and bank accounts. The major portion is invested in fixed deposits with AU Small Finance Bank and State Bank of India, earning returns ranging from 5.30% to 6.70%. Total earnings from these investments as of December 31, 2025, stood at ₹49.42 million.

Regulatory Compliance and Monitoring

CRISIL Ratings Limited, serving as the monitoring agency, confirmed that all utilizations were in line with the disclosures made in the offer document. The report indicates no deviations from the stated objects and confirms that no shareholder approval was required for any material deviations. This marks the first monitoring agency report since the company's IPO completion.

The monitoring agency noted that the company transferred ₹1,085.42 million from its monitoring account to its current account for operational ease in utilizing funds for cloud infrastructure and marketing activities. Out of this transferred amount, ₹1,073.78 million were utilized, with ₹11.64 million remaining as balance in the current account.