Billionbrains Garage Ventures Limited (Groww) has granted a total of 149,874 stock options to eligible employees under its Billionbrains Garage Ventures Limited Employee Stock Option Scheme 2024 ("Scheme"). The grant was made on August 13, 2026.
Key Details of the Grant:
- Each stock option is convertible into one fully paid-up equity share with a face value of ₹2 each.
- The total number of equity shares covered by these options is 149,874.
- The exercise price for all 149,874 options is ₹2 per stock option.
- The grant is in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
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.
Significant Terms:
The Scheme provides specific terms for dealing with Stock Options in cases of death, permanent incapacity, resignation, termination, or retirement of an employee.
Compliance & Disclosure:
- The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- It also adheres to the SEBI Master Circular dated January 30, 2026.
- The information has been made available on the company's website at www.groww.in.
Additional Information:
- Items pertaining to options vested, options exercised, options lapsed, variation of terms, and diluted EPS were marked as "Not Applicable" as this disclosure is solely for the grant of options.
- The document was signed by Roshan Dave, Company Secretary and Compliance Officer.