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Brainbees Solutions Limited ( (IN:FIRSTCRY) ) has provided an announcement.
Brainbees Solutions Limited has announced the termination of an agreement with several shareholders, including SVF Frog (Cayman) Limited and others, which was initially intended to maintain the company’s status as an Indian-owned entity under FEMA rules. This decision follows the fulfillment of a condition where the resident bloc holds more than 60% of the company’s share capital for 30 consecutive days, leading to the agreement’s termination effective November 27, 2025. This move could impact the company’s operational dynamics and shareholder structure, potentially affecting its market positioning.
More about Brainbees Solutions Limited
Brainbees Solutions Limited operates in the retail industry, primarily focusing on children’s products. It is known for its e-commerce platform, FirstCry, which offers a wide range of baby and kids products. The company is headquartered in Pune, India, and aims to cater to the needs of parents and children across the country.
Average Trading Volume: 191,613
Technical Sentiment Signal: Sell
Current Market Cap: 161B INR
For an in-depth examination of FIRSTCRY stock, go to TipRanks’ Overview page.