Reply to the clarification on increase in volume of shares of the Company is attached herewith.
GROWW · price
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Awaiting price reaction for this filing.
BSE had sought a clarification from Billionbrains Garage Ventures Ltd (the Groww parent) about a sharp rise in trading volume of its shares. The company responded that it is in compliance with SEBI's listing and disclosure rules (Regulation 30 of the LODR Regulations, 2015). It stated there is no undisclosed information or pending announcement that could explain the price or volume movement. The company attributed the surge in trading activity to purely market-driven forces beyond its control. It also reaffirmed its commitment to making all required disclosures going forward.
This is a routine, neutral response. For shareholders, it means the company is not aware of any hidden catalyst behind the recent volume spike. Short-term volatility may continue since the company has no explanation beyond market dynamics.