This is a regulatory disclosure submitted to the BSE Limited and the National Stock Exchange of India Ltd. pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company has granted 2,74,214 stock options to eligible employees under the Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024 (the "Scheme") on June 01, 2026. The grant was determined by the Nomination and Remuneration Committee (NRC).
Key Details of the Grant:
- Total Shares Covered: 2,74,214 equity shares of face value ₹2 each are covered by the stock options granted.
- Conversion: Each stock option is convertible into one fully paid-up equity share of face value ₹2 each.
- Exercise Price: The exercise price is ₹2 per stock option.
- Exercise Period: The options may be exercised within a period of 10 (ten) years from the date of vesting, subject to the terms and conditions of the Scheme.
- Regulatory Compliance: The Scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Other Scheme Terms:
The Scheme provides for the manner in which Stock Options would be dealt with in case of specific employee events, including death, permanent incapacity, resignation, termination, and retirement.
Status of Other Metrics:
The disclosure states that items pertaining to options vested, options exercised, options lapsed, variation of terms, and diluted earnings per share are "Not Applicable" as the disclosure pertains solely to the grant of options.
Compliance and Availability:
The information is disclosed in accordance with the SEBI Master Circular dated January 30, 2026. A detailed annexure (Annexure-A) is enclosed with the submission. The information has also been made available on the company's website at www.groww.in.
The letter is signed by Roshan Bhanuprakash Dave, Company Secretary and Compliance Officer, on June 02, 2026.