Date: July 1, 2026
Board Meeting Outcomes
- The Board of Directors of Brainbees Solutions Limited approved participation in an Offer for Sale of equity shares in subsidiary Swara Baby Products Limited
- Approval covers sale of up to ₹3,000 million worth of equity shares of face value ₹2 each
- The OFS is part of Swara Baby Products Limited's proposed Initial Public Offering
- The final amount may be revised as permissible under applicable law
Conditions and Approvals
- The OFS is subject to market conditions
- Requires receipt of applicable approvals from Securities and Exchange Board of India (SEBI)
- Requires approvals from BSE Limited and National Stock Exchange of India Limited
- Subject to approval from any other regulatory authorities as may be applicable
- Subject to commercial and other considerations
Subsidiary Status
- Swara Baby Products Limited shall continue to be a subsidiary of Brainbees Solutions Limited post-IPO
- Continuation of subsidiary status will be in compliance with applicable regulations
Additional Details
- Price and other IPO details will be determined in due course by the competent body
- The intimation is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015