Mumbai, Aug. 26 -- Trading volumes were elevated during the session. On the BSE, 58.89 lakh shares changed hands against a three-month average of 41 lakh shares. On the NSE, 15.56 crore shares were traded against a three-month average of 3.25 crore shares.

The block deal comes a day after reports said Ribbit Capital was planning to sell around 1.6% stake in the company for about Rs 1,914 crore at a floor price of Rs 195 per share. The floor price represented a 3.95% discount to Groww's closing price of Rs 203.01 on 25 August 2026.

The proposed sale was a secondary transaction, meaning the proceeds would go to the selling investor rather than Billionbrains Garage Ventures.

As of 30 June 2026, Ribbit Capital V L.P. held 35.38 crore share...