Swara Baby Products Private Limited, a subsidiary of FirstCry, has acquired 100% stake in K.A. Enterprises (Hygiene) Private Limited (“KA Hygiene”) by issuing 38,49,572 Equity Shares of Swara Baby. Following this acquisition, KA Hygiene is now a wholly-owned subsidiary of Swara Baby. Swara Baby’s shareholding has adjusted from 87.29% to 75.92%.
Acquisition Announcement
Swara Baby Products Private Limited (“Swara Baby”), a subsidiary of FirstCry, announced on December 25, 2025, that it has acquired 100% stake in K.A. Enterprises (Hygiene) Private Limited (“KA Hygiene”). This acquisition was executed through the issuance of 38,49,572 Equity Shares of Swara Baby to the existing shareholders of KA Hygiene.
Impact on Shareholding
As a result of this acquisition, Swara Baby’s shareholding structure has been adjusted. The company’s shareholding in Swara Baby has changed from 87.29% to 75.92%. KA Hygiene now becomes a wholly-owned subsidiary of Swara Baby and a step-down subsidiary of FirstCry, giving FirstCry an indirect control of 75.92% in KA Hygiene.
Strategic Rationale
The acquisition is pursuant to the Share Subscription Agreement dated December 22, 2025, and the Share Purchase Agreement dated December 22, 2025. This strategic move reflects Swara Baby’s commitment to expanding its portfolio and market presence in the hygiene sector.
Source: BSE