Billionbrains Garage Ventures Limited (GROWW) announced the outcome of its Board Meeting held on January 14, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. These results, along with the Limited Review Report from statutory auditors M/s. BSR & Co. LLP, have been enclosed and will be uploaded on the company's website.

Furthermore, the Board approved the acquisition of further shares in Groww Asset Management Limited (Groww AMC), a wholly-owned non-material subsidiary. This includes the approval of a Share Subscription and Share Purchase Agreement (SSPA) and a Shareholders' Agreement (SHA) with State Street Global Advisors, Inc. (Buyer). The Buyer will invest up to ₹5,800.03 crore (USD 5.80 billion) for a secondary purchase and primary subscription of shares in Groww AMC, resulting in a dilution of up to 23% of its fully diluted share capital. Upon completion, Groww AMC will cease to be a wholly owned subsidiary but will remain a subsidiary of Billionbrains Garage Ventures. The transaction is subject to regulatory and other necessary approvals and is expected to be completed on or before September 2026.

The Board Meeting commenced at 11:30 a.m. (IST) and concluded at 12:20 p.m. (IST).