Brainbees Solutions Limited announced the outcome of its Board meeting held on February 13, 2026. The Board approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. Additionally, the company noted the resignation of Non-Executive Director, Mr. Puneet Renjhen, and approved the appointment of Ms. Saloni Jain Rana as the new Non-Executive Additional Director, both effective the same date.
Outcome of Board Meeting – February 13, 2026
The Board of Directors of Brainbees Solutions Limited convened on Friday, February 13, 2026, to review and approve key operational and statutory matters. The meeting commenced at 03:30 P.M. (IST) and concluded at 04:27 P.M. (IST).
Approval of Financial Results (Q3 FY2025-26)
The primary item considered was the approval of the Un-audited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. These results were recommended by the Audit Committee prior to Board approval.
Consolidated Performance Highlights (Q3 Ended Dec 31, 2025)
The consolidated results showed a Total Comprehensive Loss for the period/year of (₹362.60) million for the quarter. For the nine months ended December 31, 2025, the Total Comprehensive Loss stood at (₹1,538.55) million. The Revenue from operations for the nine-month period reached ₹63,852.76 million.
Standalone Performance Highlights (Q3 Ended Dec 31, 2025)
On a standalone basis, the company reported a Profit for the period/year of ₹462.12 million for the quarter ended December 31, 2025. The Profit before tax for the quarter was ₹603.95 million, derived from Revenue from operations of ₹7,497.96 million.
Board Composition Change
Resignation of Director
The Board noted the resignation tendered by Mr. Puneet Renjhen (DIN: 09498488), Non-Executive Director (Nominee of Mahindra & Mahindra Limited), effective February 13, 2026, due to a recasting of the board nomination by Mahindra & Mahindra Limited.
Appointment of New Director
The Board approved the appointment of Ms. Saloni Jain Rana (DIN: 11489732) as a Non-Executive Additional Director (Nominee of Mahindra & Mahindra Limited), effective February 13, 2026. Ms. Rana will hold office until the conclusion of the ensuing Annual General Meeting for the Financial Year 2026-27.
Ms. Rana is currently a Vice President in Partnerships and Alliances at Mahindra and Mahindra Limited, bringing 17 years of experience in investment banking.
IPO Fund Utilization Update
The company provided an update on the utilization of net proceeds amounting to INR 16,017.35 million received from the Initial Public Offering (IPO). As of December 31, 2025, a total of ₹7,751.48 million has been utilized against the total allocated amount. Major utilization areas included investment in subsidiaries (e.g., Globalbees Brands and FirstCry Trading) and setting up new modern stores.
Auditor’s Review Report
The financial statements were subjected to a Limited Review by the Statutory Auditors, M/s. Walker Chandiok & Co. LLP. The auditors provided a conclusion on the consolidated results based on their review, noting reliance on reports from other auditors for certain subsidiaries, whose unreviewed results were deemed not material to the Group.
Source: BSE
