Brainbees Solutions Limited — JV/Acquisition, 02-05-2026: Acquisition

FirstCry's subsidiary, Swara Baby, is making a strategic move into the US market by establishing a new wholly-owned entity, Swara Corp., in Delaware. This 100% subsidiary aims to facilitate geographic expansion. Initial nominal capital for Swara Corp. is $10,000. The company noted procedural delays in remitting this capital, pushing the deadline to June 30, 2026. This setup positions Brainbees for potential future growth opportunities in the American market.