Key Transaction Details

Globalbees Brands Private Limited, a material subsidiary of Brainbees Solutions Limited (FirstCry, Scrip Code: 544226), acquired additional 10.09% shareholding in Dynamic IT Solution Private Limited on November 13, 2026. The acquisition was completed for a cash consideration of INR 1.02 crore.

Target Company Information

Dynamic IT Solution Private Limited is incorporated in India (October 31, 2002) and operates in the sports & fitness equipment industry under the brand name "Strauss". Historical financials:

  • FY 2023-24 Turnover: INR 27.4 Crores
  • FY 2024-25 Turnover: INR 11.92 Crores
  • FY 2025-26 Net Worth: INR 0.36 Crores

Note: The Strauss brand is sold through multiple subsidiaries of Globalbees. Combined revenue across all subsidiaries for the brand was more than INR 23.14 Crores in FY 2024-25.

Ownership Impact

Pre-acquisition shareholding: Globalbees held 89.91% (including shares held by a nominee)

Post-acquisition shareholding: Globalbees now holds 100% of Dynamic IT Solution Private Limited

Transaction Characteristics

The acquisition constitutes a related party transaction but was conducted at arm's length. Group companies and Directors/KMP have no interest in Dynamic IT except through their shareholding and common directorship. No governmental or regulatory approvals were required for this acquisition.