India, March 23 -- Groww promoter group entities - Mufasa, Thousand Oaks Trust and Fortune First Trust - have each pledged 62.5 Lakh shares to Aditya Birla Capital for "personal" reasons on March 20, the company informed in its exchange filings today.

The pledges were created on March 13, 2026, with Aditya Birla Capital Limited acting as the lender and were carried out on Friday. Based on the stock's closing price of Rs.161.2 on March 20, the 1.88 Cr shares pledges are worth about Rs.302.3 Cr. 

Groww has not issued any public statement regarding the pledges so far.

All three entities, which are a part of the promoter group, are linked to Groww's cofounders  Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh, sources tol...