FIRSTCRY : SUBSIDIARY GLOBALBEES TO SELL 51.54% STAKE IN MUSH TEXTILE FOR RS 5.69 CR

• GlobalBees Brands, a subsidiary of Brainbees, to sell its entire 51.54% shareholding in Mush Textile, a step-down subsidiary • Purchasers are Nihar Gosalia (existing shareholder) for 13.45% and Vaishvik Brahmbhatt for 38.09% • Aggregate consideration at ₹5.69 Cr (Rs 5,68,93,940) • Completion timeline extended from October 15, 2026 to on or before November 30, 2026 at the purchasers' request via addendum to the October 07, 2026 MoU • Other terms and conditions of the MoU remain unchanged Impact: Neutral (Small-ticket ₹5.69 Cr divestment of a step-down subsidiary; extended timeline delays the exit)

Brainbees Solutions Limited

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