Brainbees Solutions has increased its shareholding in Globalbees Brands Private Limited to 51.68% on a fully diluted basis. This follows the conversion of a convertible loan into Series C3 Compulsorily Convertible Preference Shares (CCPS). The investment involved ₹19,96,32,990, and the transaction was completed on September 19, 2025. The move solidifies Brainbees’ position in Globalbees.
Globalbees Investment Update
Brainbees Solutions has finalized an increase in its investment in Globalbees Brands Private Limited (“Globalbees”). On September 19, 2025, Brainbees increased shareholding following the conversion of a convertible loan. Globalbees is a material subsidiary of the company.
Details of the Transaction
The investment was originally structured as a convertible loan, which has now been converted into Series C3 Compulsorily Convertible Preference Shares (CCPS). Brainbees allotted 607 Series C3 CCPS at a face value of INR 5/- each, with a premium of INR 3,28,845/- per share, amounting to INR 19,96,11,950/-. There was a difference of INR 21,040/- due to valuation which is to be refunded.
Impact on Shareholding
Following this allotment, Brainbees Solutions now holds 89,886 shares of Globalbees. As a result, Brainbees’ shareholding in Globalbees has increased from 51.51% to 51.68% on a fully diluted basis.
Source: BSE
