Brainbees Solutions’ arm makes further investments in JW Brands

Brainbees Solutions Ltd. | e-Commerce | Retail | BSE: 544226 | NSE: FIRSTCRY

21 Sep 2024 Evaluate

Brainbees Solutions’ material subsidiary -- Globalbees Brands has made further investments of Rs 20.5 crore in JW Brands, step down subsidiary of the Company. JW Brands deals in selling watches and jewellery under the brands 'Joker & Witch’, ‘Bewitched’ and ‘Teejh’.

Acquisition of further stake in subsidiary JW Brands by GlobalBees Brands pursuant to the Share Purchase and Subscription Agreement dated July 21, 2022.

Brainbees Solutions offers products for mothers, babies, and Kids via its online platform 'FirstCry'.

Peers

Company Name	CMP
Eternal	334.80
Swiggy	264.00
Meesho	216.85
FSN E-Comm. Ventur.	333.50
Brainbees Solutions	180.80
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.