Timeline extension for sale of step-down subsidiary Mush Textile

Strategic Transactions View source PDF Explain this filing

FIRSTCRY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹180.00

prior close

₹179.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%-2.0% vs market

E-Retail/ E-Commerce peers, median of 13sector-1.6%-1.6% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Smallcap 250 and 1.6 pts less than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.2-1.1-2.0-1.6-1.6

Next day

-5.1-3.4-1.7-4.4-0.6

-7.6-4.4-3.2-5.9-1.7

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-8.4pendingpending-4.1-4.3

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UpDownMarket · Nifty Smallcap 250Sector · E-Retail/ E-Commerce peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

FirstCry's subsidiary Globalbees had signed an MoU to sell its entire 51.54 percent stake in step-down subsidiary Mush Textile for Rs 5.69 crore. The deadline for completing this sale has now been extended from October 15, 2026 to November 30, 2026 at the buyers' request via an addendum. All other deal terms remain unchanged.

Likely market impact

Minimal impact for shareholders. Deal value and terms remain the same; only the completion deadline for the small Mush Textile sale has been pushed back by about six weeks.