Popees Baby Care India Ltd
Popees Baby Care India to Acquire Popees Baby Care Products via Share Swap
M&A
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MEDIUM RISK
📅 Filed on BSE: 09 Oct 2026, 12:20 AM IST · BSE ID: 26f1903e-68fa-46fe-ba7b-6387fd102db5
View Original BSE Filing (PDF)
💡
In Simple Terms
The company plans to buy another company, Popees Baby Care Products, using its own shares and warrants as payment.
🤖 AI Summary
- Popees Baby Care India Ltd (PBCIL) approved acquiring 99.31% of Popees Baby Care Products Ltd (PBCPL).
- Acquisition will occur via a share swap, issuing up to 2,60,44,323 equity shares and 98,53,471 convertible warrants.
- Issue price for shares and warrants is ₹142.44/- per share/warrant to PBCPL shareholders (promoters & non-promoters).
- Authorized Share Capital of PBCIL will increase from Rs. 10,25,00,000/- to Rs. 47,00,00,000/-.
- Shareholder approval for the proposals will be sought at an EGM on November 18, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity Shares to be Issued (Maximum)
2,60,44,323
Convertible Warrants to be Issued (Maximum)
98,53,471
Issue Price per Share/Warrant
₹142.44/-
Current Authorized Share Capital
Rs. 10,25,00,000/-
New Authorized Share Capital (Proposed)
Rs. 47,00,00,000/-
Target Company Turnover (Q1 FY27)
Rs. 4,581.72 Lakhs
🏢 How This Affects the Company
This acquisition will integrate Popees Baby Care Products Limited (PBCPL) into Popees Baby Care India Limited (PBCIL), potentially expanding PBCIL's overall market presence and product portfolio within the baby care segment. PBCPL reported a turnover of Rs. 4,581.72 Lakhs for the quarter ended 30.06.2026.
The acquisition will lead to an increase in Popees Baby Care India Limited's authorized share capital from Rs. 10,25,00,000/- to Rs. 47,00,00,000/-. The issuance of up to 2,60,44,323 equity shares and 98,53,471 convertible warrants at ₹142.44/- per share/warrant will affect the company's equity structure.
The integration of PBCPL, with its existing authorized share capital of Rs. 30,00,00,000/- and paid-up share capital of Rs. 27,80,47,490/-, suggests an expansion of Popees Baby Care India Limited's operational scale.
The presence of common promoters, Mr. Shaju Thomas and Mrs. Linta Purayidathil Jose, in both Popees Baby Care India Limited and Popees Baby Care Products Limited implies a related party transaction. Shareholder approval for the increased authorized capital and preferential issue is pending.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to vote on the proposed increase in authorized share capital and the preferential issue at the Extraordinary General Meeting on November 18, 2026.
👤
Who Is Affected
Existing shareholders will be affected by the increase in the authorized share capital and the potential dilution from the issuance of up to 2,60,44,323 new equity shares and 98,53,471 convertible warrants to the shareholders of Popees Baby Care Products Limited.
🔍
Management Signal
The decision indicates management's intent to expand the company's scale and market presence through acquisition, utilizing a share swap arrangement.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Outcome of EGM on November 18, 2026, for shareholder approval.
Execution of Share Subscription and Share Purchase Agreement post-approvals.
Disclosure of financial details and integration progress of the acquired entity.
MEDIUM RISK
The acquisition is subject to shareholder approval, and involves a related party transaction with common promoters in both entities.
💡 Investor Takeaway
Popees Baby Care India Ltd's board approved acquiring 99.31% of Popees Baby Care Products Ltd via a share swap, issuing up to 2,60,44,323 equity shares and 98,53,471 convertible warrants at ₹142.44/- per unit. The company's authorized share capital will increase from Rs. 10,25,00,000/- to Rs. 47,00,00,000/-, pending shareholder approval on November 18, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Proposed acquisition of 99.31% of Popees Baby Care Products Limited broadens the operational scope of Popees Baby Care India Limited.
- The target company, Popees Baby Care Products Limited, reported a turnover of Rs. 4,581.72 Lakhs for the quarter ended 30.06.2026.
⚠️ Concerns
- The acquisition and associated share capital increase are subject to shareholder approval at the EGM on November 18, 2026.
- The transaction involves a related party due to common promoters, Mr. Shaju Thomas and Mrs. Linta Purayidathil Jose.
❓ Frequently Asked Questions
What stake is Popees Baby Care India Ltd acquiring in Popees Baby Care Products Ltd?
Popees Baby Care India Ltd is acquiring 99.31% of the share capital of Popees Baby Care Products Limited.
How is Popees Baby Care India Ltd paying for the acquisition?
The acquisition is through a share swap arrangement, involving the issuance of up to 2,60,44,323 equity shares and up to 98,53,471 convertible warrants.
What is the issue price for the shares and warrants in the acquisition?
The issue price for the equity shares and convertible warrants is ₹142.44/- per share/warrant.
When is the Extraordinary General Meeting for shareholder approval?
The Extraordinary General Meeting is scheduled for Wednesday, November 18, 2026, at 12:00 P.M.
What is the proposed increase in Popees Baby Care India Ltd's authorized share capital?
The authorized share capital is proposed to increase from Rs. 10,25,00,000/- to Rs. 47,00,00,000/-.
Questions based on this BSE filing only. For information purposes.