Firstcry (Brainbees Solutions) has increased its ownership stake in Swara Baby to 76.59% following the completion of a transaction involving Solis Hygiene. This development marks a significant strategic move for the company in strengthening its position within the baby care product segment.

Transaction Overview

The deal completion has resulted in Brainbees Solutions achieving a controlling stake of 76.59% in Swara Baby. The transaction involved Solis Hygiene, though specific details regarding the nature of the deal structure have not been disclosed.

Strategic Implications

This ownership increase represents Brainbees Solutions' continued focus on expanding its presence in the baby care market. The enhanced stake in Swara Baby aligns with the company's broader strategy of strengthening its product portfolio and market position.

The completion of this transaction demonstrates the company's commitment to strategic acquisitions and partnerships that support its business objectives in the competitive baby care segment.

Brainbees Solutions Limited has officially completed a comprehensive intra-group restructuring of its hygiene business vertical through its Board of Directors meeting held on December 26, 2025. The strategic move involves a complex share swap arrangement worth ₹190.78 crores, alongside key leadership changes in the company's secretarial function, as disclosed in regulatory filings to NSE and BSE.

Board Meeting Outcomes and Strategic Restructuring

The Board meeting, which commenced at 3:30 PM IST and concluded at 3:51 PM IST, approved the acquisition of additional 56,26,738 equity shares in Swara Baby Products Private Limited in exchange for 52,890 Series A1 equity shares held in Solis Hygiene Private Limited. This restructuring aims to consolidate the complete hygiene vertical under a single subsidiary structure.

Financial Performance of Restructured Entities

Both companies involved in the restructuring have demonstrated strong operational performance. Swara Baby Products, incorporated on November 23, 2016, specializes in manufacturing and trading baby diapers and hygiene products, while Solis Hygiene, incorporated on December 5, 2020, operates in similar business segments.

Solis Hygiene contributed 3% of consolidated turnover and 2% of consolidated net worth to Brainbees Solutions during the 2024-25 financial year.

Leadership Transition in Key Managerial Personnel

The company implemented significant changes in its secretarial function. Ms. Neha Surana resigned from her position as Company Secretary and Compliance Officer effective from closure of business hours on December 26, 2025, citing personal reasons, though she continues employment with the secretarial team.

Regulatory Compliance and Strategic Impact

The restructuring involves related party transactions conducted at arm's length under SEBI regulations. Following completion, Solis Hygiene will become a wholly-owned subsidiary of Swara Baby, which will enable better financial reporting and showcase the actual performance of the hygiene vertical at the consolidated level. The indirect control of Brainbees Solutions in Solis Hygiene will be 76.59% through its increased stake in Swara Baby.

The company has filed the necessary disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance for this strategic business reorganization. The filing was signed by Gautam Sharma, Group Chief Financial Officer, and submitted to both NSE (Symbol: FIRSTCRY) and BSE (Scrip Code: 544226).