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Brainbees Solutions Limited ( (IN:FIRSTCRY) ) just unveiled an update.
Brainbees Solutions Limited has announced the incorporation of a new step-down subsidiary, Swara Corp., in Delaware, USA, through its subsidiary Swara Baby Products Private Limited. This move is aimed at expanding its operations in the trading of diapers and disposable consumer hygiene products. The acquisition involves a cash consideration of $10,000 for 10,000 shares, and Swara Corp. will be wholly owned by Swara Baby. This strategic expansion is expected to enhance Brainbees’ market positioning in the consumer hygiene sector.
More about Brainbees Solutions Limited
Brainbees Solutions Limited operates in the consumer goods industry, focusing on trading diapers and disposable consumer hygiene products. The company is known for its online retail platform, FirstCry, which caters to baby and kids’ products, and it is expanding its market presence through strategic subsidiaries.
Average Trading Volume: 61,503
Technical Sentiment Signal: Sell
Current Market Cap: 152.3B INR
Find detailed analytics on FIRSTCRY stock on TipRanks’ Stock Analysis page.