News Orders & Deals FirstCry Completes Acquisition of Additional Stake in Swara Baby Products Private LimitedFirstCry Completes Acquisition of Additional Stake in Swara Baby Products Private Limited
FirstCry has completed the acquisition of additional stake in Swara Baby Products Private Limited, increasing its shareholding from 75.92% to 76.59%. The transaction involved exchanging 52,890 Series A1 equity shares in Solis Hygiene for 56,26,738 equity shares in Swara Baby. Solis Hygiene has become a wholly-owned subsidiary of Swara Baby and a step-down subsidiary of FirstCry.
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FirstCry (Brainbees Solutions) has completed the acquisition of an additional stake in its subsidiary Swara Baby Products Private Limited, as disclosed in a regulatory filing dated January 08, 2026. The transaction represents a strategic consolidation within the company's subsidiary structure.
Transaction Details
The acquisition involved a share exchange mechanism where FirstCry acquired 56,26,738 equity shares in Swara Baby Products Private Limited in consideration of 52,890 Series A1 equity shares held by the company in Solis Hygiene Private Limited. This transaction was part of a broader restructuring where Swara Baby agreed to acquire 100% stake in Solis Hygiene from all existing shareholders.
| Transaction Parameter: | Details |
|---|---|
| Shares Acquired in Swara Baby: | 56,26,738 equity shares |
| Consideration Given: | 52,890 Series A1 equity shares in Solis Hygiene |
| Total Solis Hygiene Shares Acquired by Swara Baby: | 66,665 equity shares |
| New Shares Allotted by Swara Baby: | 70,92,200 equity shares |
Shareholding Changes
Following the completion of this transaction, FirstCry's shareholding in Swara Baby Products Private Limited has increased from 75.92% to 76.59%. This represents an increase of 0.67 percentage points in the company's ownership stake.
| Shareholding Details: | Before Transaction | After Transaction |
|---|---|---|
| FirstCry's stake in Swara Baby: | 75.92% | 76.59% |
| FirstCry's indirect control in Solis Hygiene: | Direct ownership | 76.59% (indirect) |
Corporate Structure Impact
The transaction has resulted in significant changes to the corporate structure within the FirstCry group. Solis Hygiene Private Limited has transitioned from being a direct subsidiary of FirstCry to becoming a wholly-owned subsidiary of Swara Baby Products Private Limited. Consequently, Solis Hygiene is now classified as a step-down subsidiary of FirstCry, with the parent company maintaining 76.59% indirect control.
Regulatory Compliance
The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This filing serves as a follow-up to the company's earlier intimation dated December 26, 2025, which had announced the Board of Directors' approval for this acquisition. The completion of the transaction aligns with the timelines previously communicated to the stock exchanges.
Summary
The successful completion of this acquisition strengthens FirstCry's position within its subsidiary network while maintaining regulatory compliance. The transaction demonstrates the company's strategic approach to optimizing its corporate structure through internal reorganization and consolidation of its baby and hygiene product segments.
Historical Stock Returns for Firstcry (Brainbees Solutions)
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.78% | +0.67% | -7.17% | -25.83% | -39.58% | -59.98% |
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