Acquisition

FC/SE/2026-27/52 October 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: Intimation of acquisition made by Globalbees Brands Private Limited, a material subsidiary of Brainbees Solutions Limited (“the Company”) Dear Sir/Ma’am, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that pursuant to the Shareholders Agreement dated July 21, 2022, Globalbees Brands Private Limited (“Globalbees”), a material subsidiary of the Company, has today acquired additional stake in JW Brands Private Limited, a step-down subsidiary of the Company. The details as required under SEBI Master Circular dated January 30, 2026, bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, are given as under: - Sr. No. Particulars JW Brands Private Limited 1. Name of the target entity, details in brief JW Brands Private Limited (“JW Brands”), was such as size, turnover etc.; incorporated in India on February 07, 2020, and is engaged in the business of selling watches and jewellery under the brands “Joker & Witch”, “Bewitched” and “Teejh”. History of last 3 years’ turnover: 2025-26: INR 105.53 Crores 2024-25: INR 97.32 Crores 2023-24: INR 57.68 Crores Latest Financial Parameters: FY 2025-26: Turnover: INR 105.53 Crores Net worth: INR 40.14 Crores 2. Whether the acquisition would fall within Yes, the same will be at arm’s length and the related party transaction(s) and whether group companies and the Directors & KMP have the promoter/ promoter group/ group no interest in JW Brands except to the extent of companies have any interest in the entity their shareholding and common directorship. being acquired? If yes, nature of interest 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 and details thereof and whether the same is done at “arm’s length”; 3. Industry to which the entity being acquired Jewellery and Fashion Accessories belongs; 4. Objects and impact of acquisition (including Globalbees has acquired 14.23% additional but not limited to, disclosure of reasons for shareholding from other existing shareholders of acquisition of target entity, if its business is JW Brands, the existing subsidiary of Globalbees. outside the main line of business of the Pursuant to the said transaction, the shareholding listed entity); of Globalbees has been increased from 75.10% to 89.33% in JW Brands. 5. Brief details of any governmental or NA regulatory approvals required for the acquisition; 6. Indicative time period for completion of the October 30, 2026 acquisition; 7. Consideration - whether cash consideration Cash or share swap or any other form and details of the same; 8. Cost of acquisition and/or the price at which INR 18.68 Crore the shares are acquired; 9. Percentage of shareholding / control The percentage of additional shareholding acquired and / or number of shares acquired is 14.23%. acquired; 10. Brief background about the entity acquired Provided in Point 1 of this table. in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief); 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