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Brainbees Tightens Control Over Subsidiaries, Appoints New Compliance Chief

Story Highlights
  • Brainbees approved an intra-group share swap, raising its stake in Swara Baby and making Solis Hygiene a step-down subsidiary.
  • The board accepted Neha Surana’s resignation as Company Secretary and named Mandar Joshi to succeed her from December 27, 2025.
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Brainbees Tightens Control Over Subsidiaries, Appoints New Compliance Chief

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Brainbees Solutions Limited ( (IN:FIRSTCRY) ) just unveiled an update.

Brainbees Solutions Limited has approved an intra-group restructuring under which it 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. As Swara Baby moves to acquire 100% of Solis Hygiene from existing shareholders, Brainbees’ stake in Swara Baby will rise from 75.92% to 76.59%, turning Solis Hygiene into a step-down subsidiary and slightly increasing the parent’s indirect control over that business within its group structure. In parallel, the board recorded the resignation of Ms. Neha Surana as Company Secretary and Compliance Officer with effect from the close of business on 26 December 2025, while she continues in the secretarial team, and appointed Mr. Mandar Joshi as the new Company Secretary, Compliance Officer and Key Managerial Personnel effective 27 December 2025, signaling continuity in corporate governance and compliance oversight despite the leadership transition.

More about Brainbees Solutions Limited

Brainbees Solutions Limited, which operates the FirstCry brand, is a listed company in India focused on baby and kids’ products, with its corporate and registered office in Pune. The company positions itself as a leading player in the childcare retail sector, offering a wide range of products for infants and children through its FirstCry platform and related subsidiaries.

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.

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