Billionbrains Garage Ventures Ltd

ESOP grant details

• 1,35,555 stock options granted to eligible employees under ESOP Scheme 2024 on October 14, 2026.
• Exercise price set at Rs 2 per stock option.
• Exercise period is ten years from the vesting date.
• Vesting status: Not Applicable as this is a grant.

Meeting Details

• Date: October 14, 2026; Type: group conference call; Mode: audio recording.

Participants

• Key company participants include the Company Secretary and Compliance Officer.

Availability & Purpose

• Purpose: earnings conference call for analysts and investors; recording available on company website.

Issue Overview

• Type of issue: IPO of equity shares.
• Net proceeds reported; no undersubscription or revision.
• Main use objectives: cloud infrastructure, brand building, NBFC capital base, MTF, inorganic growth, GCP.

Utilisation of Proceeds

• Utilisation aligned with offer disclosures.
• No material deviations or reallocations from stated objects.
• Internal reallocation: funds moved from monitoring to operating accounts; fully utilized.
• Cloud infra: fully utilised.
• Brand building: fully utilised.
• GCS NBFC capital base: fully utilised.
• GIT MTF: fully utilised.
• Inorganic growth and GP: largely utilized; small unutilised balance.
• Unutilised funds held in public offer and monitoring accounts.

Governance and Compliance

• All required approvals (statutory and board) obtained.
• No material adverse events or regulatory actions reported.
• No other information that would affect objectives.

General Corporate Purpose (GCP)

• GCP utilised for ordinary course expenses; board approved allocation.

Promoter-to-public reclassification

• Billionbrains filed Oct 14, 2026 seeking reclassification from Promoter Group to Public under Reg 31A.
• No-objection/approval sought from stock exchanges; update is available on the company's website.

Insider trading compliance update

• Audit Committee reported inadvertent contra trades by DP Sankalp Yadav on Aug 26, 2026.
• Two equity shares were purchased for Rs 393.16 and two sold for Rs 392.26 on the same day.
• A further purchase of one share occurred on Sep 17, 2026.
• The DP was moved to a non-critical team; DP list removal after Aug 01, 2026 not warranted.
• No profit was disgorged as these trades were executed in loss.
• Action taken: Audit Committee noted the incident and reasons were recorded in writing.
• DP Sankalp Yadav designation is Finance (Manager); role is Business Finance.
• This update is filed under SEBI Insider Trading Regulations and available on the company website.
• Previous violations: None.

KPI update

• KPI definitions per Nov 7, 2025 Prospectus filed with ROC/SEBI/exchanges to be uploaded on website.

Shareholders' letter update

• Q2 FY27 shareholders' letter dated Oct 14, 2026 filed with BSE/NSE.
• Company name updated from Billionbrains Garage Ventures Private Limited to Billionbrains Garage Ventures Ltd.
• Document hosted on www.groww.in; NSE symbol GROWW.

Consolidated results

• Consolidated revenue from operations: INR 1,501.53 Cr in Q2 FY27.
• Consolidated total income: INR 1,540.54 Cr in Q2 FY27.
• Consolidated PBT: INR 983.86 Cr in Q2 FY27.
• Consolidated PAT: INR 724.70 Cr in Q2 FY27.
• Consolidated EPS: basic 1.17, diluted 1.15 in Q2 FY27.
• Six-month consolidated revenue: INR 3,002.95 Cr; PAT: INR 1,459.74 Cr.

Standalone results

• Standalone revenue from operations: INR 917.56 Cr in Q2 FY27.
• Standalone total income: INR 1,111.80 Cr in Q2 FY27.
• Standalone PBT: INR 781.23 Cr in Q2 FY27.
• Standalone PAT: INR 591.76 Cr in Q2 FY27.
• Standalone EPS: basic 0.95, diluted 0.94 in Q2 FY27.
• Six-month standalone revenue: INR 1,871.04 Cr; PAT: INR 1,146.90 Cr.

IPO funds and corporate actions

• IPO completed; net IPO proceeds INR 1,015.98 Cr.
• Cloud infra utilisation: INR 152.50 Cr.
• Brand building utilisation: INR 225.00 Cr.
• Investment in Groww Creditserv NBFC: INR 205.00 Cr.
• Investment in Groww Invest Tech MTF: INR 167.50 Cr.
• Unutilised IPO funds as of Sep 30, 2026: INR 0.99 Cr.
• Composite Scheme of Arrangement approved; appointed date 01 April 2027.
• Listed on NSE & BSE on 12 November 2025.

Billionbrains Garage Ventures Limited (Formerly known as Billionbrains Garage Ventures Private Limited) – Closure of Trading Window from October 01, 2026 till 48 hours after the declaration of the unaudited financial results for the quarter and half year ended September 30, 2026