Billionbrains Garage Ventures Limited (GROWW) — Board Meeting Announcement
📢 Key Event
SEBI approved SSGA's investment in Groww AMC
🔄 What Changed
4.85% voting stake and 22.94% economic interest in Groww AMC
💡 Investor Takeaway
The investment does not change control but adds a strategic stakeholder.
Billionbrains Garage Ventures announced SEBI's approval of State Street Global Advisors' proposed investment in its wholly owned subsidiary Groww Asset Management, which will acquire a 4.85% voting stake and 22.94% economic interest in Groww AMC without altering control, and made the disclosure available on its website.
📄 View Original Announcement (PDF)
About Billionbrains Garage Ventures Limited (GROWW)
Financial Services · Capital Markets · Listed on NSE
Market Cap: ₹1,17,736.59 Cr
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.