Billionbrains Garage Ventures Limited has incorporated a wholly owned subsidiary, Groww Foundation, on February 02, 2026, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The incorporation follows the company's earlier communication dated December 19, 2025, regarding the establishment of a Section 8 company.

Foundation Structure and Legal Framework

Groww Foundation has been established as a Not-For-Profit Company under Section 8 of the Companies Act, 2013, structured as a company limited by guarantee. This legal framework enables the foundation to operate as a philanthropic entity while maintaining corporate governance standards.

Scope of Activities and Objectives

The foundation will undertake comprehensive philanthropic initiatives across multiple domains. Groww Foundation shall undertake activities relating to social development, education, environmental sustainability, research, culture, community engagement, and other philanthropic initiatives. This broad mandate positions the foundation to address various social and environmental challenges through structured programs.

Regulatory Compliance and Approvals

The incorporation process did not require specific governmental or regulatory approvals beyond standard company formation procedures. As a Section 8 company limited by guarantee, traditional share subscription mechanisms do not apply to this entity structure.

Corporate Governance Structure

Billionbrains Garage Ventures Limited maintains complete control over Groww Foundation with 100% ownership. The foundation operates under the oversight of the parent company while maintaining its distinct identity as a philanthropic organization. Company Secretary and Compliance Officer Roshan Dave signed the regulatory disclosure, ensuring proper compliance with SEBI Listing Regulations.

The establishment of Groww Foundation represents the company's commitment to structured corporate social responsibility and community engagement through a dedicated philanthropic vehicle.

Billionbrains Garage Ventures Limited, known by its brand name Groww , has officially notified stock exchanges about an important administrative update to its Corporate Identification Number (CIN). The change reflects the company's transition from an unlisted to a listed entity following its debut on major Indian stock exchanges.

CIN Update Details

The company informed both BSE Limited and National Stock Exchange of India Limited on January 30, 2026, about the CIN modification. The notification was signed by Company Secretary and Compliance Officer Roshan Dave.

The change from 'U' to 'L' in the CIN prefix signifies the company's transformation from an unlisted public company to a listed public company, as recognized by the Ministry of Corporate Affairs.

Company Profile and Capital Structure

Billionbrains Garage Ventures Limited, formerly known as Billionbrains Garage Ventures Private Limited, was incorporated on January 9, 2018. The company operates from its registered office located at Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No.16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore, Karnataka.

Stock Exchange Information

The company's equity shares are now traded on both major Indian stock exchanges with the following identifiers:

Corporate Governance Updates

According to the Ministry of Corporate Affairs records dated January 30, 2026, the company maintains active compliance status. The company held its last Annual General Meeting on September 2, 2025, with the balance sheet date as March 31, 2025. The company is classified as a non-government public company limited by shares and does not qualify as a small company under applicable regulations.

The administrative update ensures that all regulatory records accurately reflect the company's current listed status, providing clarity for investors, regulators, and other stakeholders in the financial markets.