Acquisitions18 Oct 2025, 06:44 pm
Globalbees Brands Private Limited Acquires Additional 14.91% Stake in Dynamic IT Solution Private Limited for INR 1.50 Crore
AI Summary
Brainbees Solutions Ltd has updated on the acquisition of further stake by its material subsidiary, Globalbees Brands Private Limited, in Dynamic IT Solution Private Limited. This acquisition is in line with the Memorandum of Understanding and Share Purchase and Subscription Agreement dated December 15, 2021. Globalbees has acquired an additional 14.91% stake in Dynamic IT Solution Private Limited from other shareholders for a total consideration of INR 1.50 Crore. Consequently, Globalbees' shareholding in Dynamic IT Solution Private Limited has increased from 75% to 89.91%.
Key Highlights
- Globalbees Brands Private Limited acquires an additional 14.91% stake in Dynamic IT Solution Private Limited
- The acquisition is made for a total consideration of INR 1.50 Crore
- Globalbees' shareholding in Dynamic IT Solution Private Limited increases from 75% to 89.91%
- The acquisition is in line with the MoU and Share Purchase Agreement dated December 15, 2021
- The acquisition is made from other shareholders of Dynamic IT Solution Private Limited