<ul><li>Fintech startup Groww has received approval from the Competition Commission of India (CCI) to issue bonus shares to all existing equity shareholders.</li><li>Groww received the CCI approval as part of its preparation for a public listing in India after relocating its parent entity from the United States.</li><li>The CCI order approved the acquisition of additional voting rights by certain shareholders and the issuance of bonus shares to existing shareholders.</li><li>The CCI also approved the removal of differential voting rights held by Groww's founders, aligning their voting power with other shareholders.</li></ul>

Groww gets CCI approval for bonus shares, founders relinquish extra voting rights

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