Announced Tue, 4 Aug · 16:18 IST
SSGA completes investment in Groww AMC; 4.85% voting, 22.94% economic stake
GROWW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹191.32
prior close
₹192.45
base price
After-mkt
timing
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+0.1+0.2+0.3+0.3-1.2-0.4+0.9+1.2+3.4+2.8————
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AI summary
State Street Global Advisors (SSGA) has completed its proposed investment in Groww Asset Management Limited (Groww AMC), a subsidiary of Billionbrains Garage Ventures (Groww). All conditions precedent and regulatory approvals have been fulfilled. Post-completion, SSGA holds 4.85% voting rights and 22.94% economic interest in Groww AMC's fully diluted share capital. The deal was first announced via agreements signed in January 2026.
Likely market impact
Brings a marquee global asset manager as strategic partner in Groww AMC, boosting credibility and growth potential of the AMC business.