FirstCry Allots 21,474 Equity Shares Under Employee Stock Option Plans

Firstcry (Brainbees Solutions) has announced the allotment of 21,474 equity shares and transfer of 63,937 equity shares under its Employee Stock Option Plans (ESOPs). The Nomination and Remuneration Committee approved these transactions on December 24, 2025, pursuant to the exercise of vested options by employees.

ESOP Allotment and Transfer Details

The share allotment and transfer were executed across three different ESOP schemes operated by the company:

ESOP Scheme	Allotment	Transfer	Total Shares
Employee Stock Option Plan 2011	15,974 shares	-	15,974
Brainbees Employees Stock Option Plan 2022	5,500 shares	20,163 shares	25,663
Brainbees Employees Stock Option Plan 2023	-	43,774 shares	43,774
Total	21,474 shares	63,937 shares	85,411 shares

All equity shares carry a face value of ₹2.00 each and are fully paid-up. The shares were issued through both cash exercise and cashless exercise methods under the 2022 and 2023 ESOP plans.

Financial Impact and Share Capital

The allotment resulted in an increase in the company's paid-up share capital:

Parameter	Amount
Previous Paid-up Capital	₹1,04,39,85,370
Revised Paid-up Capital	₹1,04,40,28,318
Total Issued Shares	52,20,14,159
Diluted Earnings Per Share	₹0.595

The money realized through the exercise of options amounted to ₹2,50,582.24 under the 2011 plan and ₹11,000.00 under the 2022 plan.

Exercise Price Structure

The exercise prices varied across different ESOP schemes:

Employee Stock Option Plan 2011:

15,662 shares at ₹15.44 per share (premium: ₹13.44)
312 shares at ₹28.08 per share (premium: ₹26.08)

Brainbees Employees Stock Option Plan 2022:

Exercise price: ₹2.00 per option

Outstanding Options and Vesting Status

As of the disclosure date, the company maintains significant vested options under both active schemes:

BBESOP 2011: 1,38,345 options vested (excluding shares exercised/options relinquished to date)
BBESOP 2022: 1,35,73,984 options vested (excluding shares exercised to date)

Regulatory Compliance and Share Rights

The allotment was conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The newly allotted and transferred equity shares rank pari-passu with existing equity shares of the company in all respects and are not subject to any lock-in restrictions.

For cashless exercise of options, the Trust is authorized to sell shares on behalf of option holders to recover exercise price and tax amounts from the options exercised. The diluted earnings per share calculation was based on the company's H1 FY26 earnings report.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.93%	+2.56%	-4.54%	-11.22%	-52.92%	-56.31%

Firstcry (Brainbees Solutions) has announced the formation of a new subsidiary called Swara Corp in the United States. This strategic corporate development marks a significant step in the company's international expansion efforts.

Corporate Structure Expansion

The establishment of Swara Corp represents Brainbees Solutions' move to create a dedicated corporate presence in the US market. This subsidiary formation allows the company to operate through a localized entity structure in the United States.

Parameter	Details
Subsidiary Name	Swara Corp
Location	United States
Parent Company	Brainbees Solutions
Corporate Action	New Subsidiary Formation

Strategic Implications

The formation of this US-based subsidiary demonstrates Brainbees Solutions' commitment to establishing a stronger foothold in international markets. By creating Swara Corp, the company has positioned itself to potentially leverage opportunities in the American market through a dedicated corporate structure.

This corporate development reflects the company's strategic approach to international expansion, utilizing subsidiary formations to establish presence in key global markets. The US subsidiary structure may facilitate various business operations and market entry strategies for Brainbees Solutions in the American market.

The creation of Swara Corp marks Brainbees Solutions' expansion into the US market through this new corporate structure, signaling the company's intent to strengthen its global presence and explore growth opportunities in the United States.