Shares of Groww -parent Billionbrains Garage Ventures experienced a significant rally on Wednesday, jumping as much as 9.5% to ₹175.60 on the BSE. The surge reflects strong investor optimism driven by the company's upcoming index inclusion and the strategic launch of its emergency trading platform.

Strong Post-IPO Performance

The stock has delivered exceptional returns since its market debut, rising 75.60% from its IPO issue price of ₹100.00. Since listing on November 12 at ₹114.00, the shares have gained 54.00%, establishing it as one of the market's standout new listings.

Index Inclusion Drives Institutional Interest

Groww is scheduled to join the BSE Large Cap index on January 6, 2026, alongside fellow newly listed company Lenskart Solutions, according to BSE Index Services notification. The inclusion extends beyond the flagship index, with Groww shares also being added to the BSE Allcap, BSE Large MidCap, and BSE Financial Services indices from the same date. This multi-index inclusion significantly enhances the stock's visibility among institutional and retail investors.

Emergency Trading Platform Launch

Adding to investor excitement, Groww unveiled "Groww Lite" on Monday, a web-based emergency trading portal designed to ensure uninterrupted market access during technical disruptions. The platform operates on separate DNS infrastructure, bypassing Cloudflare and standard routing layers to provide users with a fail-safe option for exiting or closing positions when the main app or website experiences outages.

"We are continuously working to make our core platforms even more robust. Groww Lite is designed as a safety layer for our users, something they hopefully never need to use but can depend on completely when they do," the company stated.

Financial Performance and IPO Details

Groww's IPO, which opened on November 4 and closed on November 7, successfully raised over ₹6,600.00 crore through a combination of fresh issuance and Offer for Sale (OFS). The offering saw strong market reception, with shares debuting at a near 31% premium over the issue price.

The company reported Q2 FY26 financial results, with consolidated net profit reaching ₹471.33 crore, representing a 12.00% increase from ₹420.16 crore in the previous year. Key operational metrics showed strong growth, with total transacting users rising 27.00% year-on-year to 19 million and customer assets surging 33.00% to ₹2.70 lakh crore.

However, revenue from operations declined to ₹1,018.74 crore from ₹1,125.40 crore in the year-ago quarter. The company, backed by marquee investors including Peak XV, Tiger Capital, and Microsoft CEO Satya Nadella, plans to deploy IPO proceeds toward technology development and business expansion.

Billionbrains Garage Ventures Limited has issued a postal ballot notice dated December 19, 2025, seeking shareholder approval for comprehensive amendments to its Employee Stock Option Scheme and other corporate initiatives. The notice outlines five special resolutions requiring member approval through remote e-voting.

Postal Ballot Details and Timeline

The company has engaged MUFG Intime India Private Limited as the registrar and share transfer agent for the postal ballot process. The remote e-voting period is scheduled from December 20, 2025, at 09:00 a.m. IST to January 18, 2026, at 05:00 p.m. IST.

Employee Stock Option Scheme Amendments

The primary resolution seeks approval for amendment and ratification of the Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024. The amendments focus on changing the implementation route from direct allotment to trust-based execution through the Groww Employee Welfare Trust.

Extension to Subsidiary and Associate Companies

The second resolution proposes extending ESOP benefits to eligible employees of subsidiary and associate companies, both in India and overseas. This expansion aligns with SEBI regulations requiring separate shareholder approval for such extensions.

Secondary Acquisition and Funding Provisions

Two additional resolutions address the operational aspects of the trust-based ESOP implementation:

Articles of Association Amendment

The fifth resolution seeks to amend the Articles of Association to incorporate director nomination rights. The proposed changes include:

• PeakXV Partners Investments VI-1 retains right to nominate a non-executive director while holding the most equity shares and at least 10% of outstanding shares
• Each founder (Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh) maintains director nomination rights as long as they remain promoters

Regulatory Compliance and Process

All proposed resolutions comply with SEBI regulations, including the Share Based Employee Benefits and Sweat Equity Regulations, 2021, and Listing Obligations and Disclosure Requirements Regulations, 2015. The company confirmed no grants have been made under the scheme since the equity shares listing on November 12, 2025.

The postal ballot notice and explanatory statements are available on the company's website and will be published in English and Kannada newspapers. Members can inspect relevant documents by contacting corp.secretarial@groww.in during the voting period.