Globalbees Acquires 42% Stake in Better & Brighter Homecare

Brainbees Solutions Limited announced that its material subsidiary, Globalbees Brands Private Limited, has acquired an additional 42% stake in Better & Brighter Homecare Private Limited for ₹16.26 Crore in cash. This acquisition increases Globalbees' shareholding in Better & Brighter from 58% to 100%, making it a wholly-owned subsidiary. Better & Brighter deals in moisture absorbers under the brand name "Absorbia". The combined turnover for the "Absorbia" brand across Globalbees' subsidiaries was over ₹20.73 Crores in FY26. The transaction is considered an arm's length deal.