Brainbees Solutions Limited — JV/Acquisition, 19-09-2025: Acquisition
19-09-2025 | 07:34 pm
19-09-2025 | 07:34 pm
FirstCry (Brainbees Solutions) has increased its investment in Globalbees Brands, a material subsidiary. The company converted a ~₹19.96 Cr convertible loan into Series C3 Compulsorily Convertible Preference Shares, further strengthening its hold. This move boosts FirstCry's fully diluted shareholding in Globalbees from 51.51% to 51.68%. The investment reinforces FirstCry's commitment to its ecosystem, solidifying its strategic control and supporting future growth avenues within the subsidiary.
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