Brainbees Solutions Limited — JV/Acquisition, 30-06-2026: Acquisition

Brainbees Solutions (FirstCry) shared an update regarding its US expansion. Its subsidiary, Swara Baby Products, is incorporating Swara Corp. as a wholly-owned step-down subsidiary in Delaware, USA, a move for geographic expansion. The initial capital subscription of $10,000 for 10,000 shares was earlier planned. However, FirstCry has announced a further extension for remitting this initial capital to Swara Corp. The new deadline for this procedural step is now December 31, 2026, due to ongoing procedural delays, impacting the timeline for establishing its US footprint.