ReferIndia News FirstCry subsidiary Globalbees increases stake in appliances brand Candes to 92%

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FirstCry subsidiary Globalbees increases stake in appliances brand Candes to 92%

Published on: April 1, 2026, 11:42 a.m. | Source: The Economic Times

Brainbees Solutions’ subsidiary, Globalbees Brands, has raised its stake in Candes Technology from 62% to 92% by buying an additional 30% for Rs 37,250 per share. The deal was completed on March 31, 2026. Brainbees saw Q3 FY26 losses rise to Rs 38 crore amid higher expenses.

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