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Brainbees Solutions Limited ( (IN:FIRSTCRY) ) has issued an announcement.
Brainbees Solutions Limited’s board has approved an intra-group restructuring under which the company will acquire an additional 5,626,738 equity shares in its subsidiary Swara Baby Products Private Limited in exchange for 52,890 Series A1 equity shares it holds in another subsidiary, Solis Hygiene Private Limited. Following this transaction, Swara Baby will acquire full ownership of Solis Hygiene, raising Brainbees’ direct stake in Swara Baby from 75.92% to 76.59% and converting Solis Hygiene into a step-down subsidiary with corresponding indirect control of 76.59%, a move that simplifies the group structure and consolidates its position in the baby and hygiene products ecosystem. The board also recorded the resignation of Ms. Neha Surana as Company Secretary and Compliance Officer, while retaining her in the secretarial team, and appointed Mr. Mandar Joshi as the new Company Secretary, Compliance Officer and key managerial personnel effective 27 December 2025, ensuring continuity in the company’s governance and regulatory oversight.
More about Brainbees Solutions Limited
Brainbees Solutions Limited, which operates the FirstCry brand, is a Pune-headquartered retailer focused on baby and kids’ products, offering a wide range of merchandise through its online platform and related subsidiaries in the childcare and hygiene segment.
Average Trading Volume: 58,411
Technical Sentiment Signal: Sell
Current Market Cap: 154.6B INR
Find detailed analytics on FIRSTCRY stock on TipRanks’ Stock Analysis page.