Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Brainbees Solutions has informed that pursuant to the Shareholders’ Agreement dated 05th April 2022, Globalbees Brands, a material subsidiary of the Company has made further investments of Rs.5.88 crores in Solarista Renewables, step down subsidiary of the Company. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July 2023 are given as enclosed.
The above information is a part of company’s filings submitted to BSE.
