NSEAcquisition30 Jun 2026 · 30 Jun 2026, 04:57 pm
Acquisition
Brainbees Solutions Limited · FIRSTCRY
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Brainbees Solutions Limited has extended the timeline for further investment in Firstcry Management DWC LLC, a wholly owned subsidiary, due to procedural delays.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Brainbees Solutions Limited has informed the Exchange about the extension in the timeline of further investment in Firstcry Management DWC LLC, a wholly owned subsidiary of the Company.
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BRAINBEES_30062026165703_Disclosureunderregulation30UpdateFCManagementsigned.pdf
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FC/SE/2026-27/24
June 30, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C – 1, Block G, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (E), Dalal Street,
Mumbai-400051 Mumbai-400001
Symbol: FIRSTCRY Scrip Code: 544226
Subject: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Ref: Earlier intimation dated May 26, 2026 bearing reference number FC/SE/2026-27/15
Dear Sir/Ma’am,
This is in furtherance to our intimation dated May 26, 2026 wherein we had informed the
Exchanges that Brainbees Solutions Limited (“the Company”) will make a further investment
in Firstcry Management DWC LLC, a wholly owned subsidiary of the Company, of an amount
not exceeding AED 34 Million out of Initial Public Offer (“IPO”) proceeds for further
investment of not exceeding SAR 22 Million in Firstcry Trading Company, Kingdom of Saudi
Arabia, a wholly owned subsidiary of Firstcry Management DWC LLC and balance amount will
be invested in Firstcry Retail DWC LLC, United Arab Emirates, a wholly owned subsidiary of
Firstcry Management DWC LLC, for business expansion. The said transaction was proposed to
be completed on or before June 30, 2026.
In this connection, we hereby further inform that the Company proposes to extend the
timeline for completion of the proposed investment of an amount not exceeding
AED 34 Million, on or before July 31, 2026, in Firstcry Management DWC LLC, a wholly owned
subsidiary of the Company, from its earlier scheduled timeline of June 30, 2026, due to
procedural delays.
Kindly take the above on your record and acknowledge receipt of the same.
Thanking you,
For Brainbees Solutions Limited
Mandar Joshi
Company Secretary & Compliance Officer
Brainbees Solutions Limited CIN: L51100PN2010PLC136340
Corporate/Registered Office:- Rajashree Business Park, Plot No. 114, Survey No. 338, Tadiwala Road,
Nr. Sohrab Hall, Pune – 411001 Contact: +91-8482989157 Email Id:legal@firstcry.com Website:
www.firstcry.com