Groww AMC has completed its investment transaction with State Street Global Advisors (SSGA). SSGA now holds 4.85% voting rights and 22.94% economic interest in Groww AMC.
Billionbrains Garage Ventures Limited was levied a fine of Rs. 5,000 for a one-day delay in filing related party transactions disclosure. The board noted the delay and advised strengthening internal processes.
Billionbrains Garage Ventures Limited's Board noted a delay in Related Party Transaction disclosure. The Board advised strengthening internal processes for future timely filings.
Billionbrains Garage Ventures' board meeting is scheduled to discuss the Share Subscription and Share Purchase Agreement and Shareholders' Agreement concerning an investment in Groww AMC. The Competition Commission of India has approved this proposed transaction.
