FirstCry’s subsidiary, Swara Baby Products Private Limited, has established a new wholly-owned subsidiary named Swara Corp. in the State of Delaware, USA, effective December 8, 2025. This new entity is a step-down subsidiary of FirstCry. Swara Corp. will focus on trading diapers and disposable consumer hygiene products, expanding the company’s global reach.
Swara Corp. Incorporated
Swara Corp. has been officially established as a wholly-owned subsidiary of Swara Baby, which is itself a subsidiary of FirstCry. The incorporation took place in Delaware, USA, on December 8, 2025, marking a significant expansion step for the company.
Details of the New Subsidiary
The primary business activity of Swara Corp. will be the trading of diapers and disposable consumer hygiene products. The authorized capital of Swara Corp. is 10,000 shares with a par value of $1.00 per share. Since it is newly incorporated, there is currently no applicable turnover or size to report.
Strategic Rationale
The creation of Swara Corp. supports FirstCry’s strategic objectives in the disposable consumer hygiene product sector. FirstCry, through Swara Baby, holds 87.29% shareholding on a fully diluted basis. The incorporation aims to facilitate trading activities related to diapers and disposable consumer hygiene products. Initial subscription will fall within the purview of Related Party Transaction and the same will be done at arm’s length.
Timeline
The company anticipates that the share subscription process will be completed on or before February 28, 2026. The cost of acquisition for the 10,000 shares is $10,000.
Source: BSE
