Promoters, PE Firms Offload Stakes in V2 Retail and Groww

Promoters of V2RETAIL V2 Retail and major shareholders in Groww’s parent company executed significant open-market transactions on November 6, triggering heavy volumes across the ***** Commodities and Ram Chandra Agarwal jointly sold 1.61 crore shares of V2 Retail, equating to a 4.42% stake, for Rs 258 crore at Rs 160 apiece. Six investors absorbed the entire block, with Aditya Kumar Halwasiya picking up the largest chunk of 83 lakh shares worth Rs 132.8 crore. The stock reacted positively, surging 7.54% to close at Rs ***** a much larger deal, Peak XV Partners Investments VI-1 and YC Holdings II offloaded a combined Rs 2,457 crore worth of shares in Billionbrains Garage Ventures, Groww’s parent. Peak XV sold 6.02 crore shares (0.95% stake) for Rs 1,295.78 crore at Rs 215.20, while YC Holdings disposed of 5.5 crore shares (0.87% stake) for Rs 1,160.99 crore at Rs 211.09. Goldman Sachs Bank Europe SE – ODI emerged as a key buyer, acquiring 3.55 crore shares for Rs 763.58 crore. Groww shares closed 3.93% lower at Rs 215.08.