BSECompany Update14h ago · 25 Sept 2026, 09:16 pm

Acquisition of Equity Shares by the Company

Brigade Enterprises Ltd · 532929

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Brigade Enterprises Ltd has acquired 100% stake in Celebrations Development Company Private Limited, a step-down subsidiary, for Rs. 10 lakhs.

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Growth Catalyst2/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Brigade Enterprises Ltd - 532929 - Announcement under Regulation 30 (LODR)-Acquisition

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Ref: BEL/NSEBSE/AQN/25092026 September 25, 2026 Listing Department Department of Corporate Services – Listing National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Re.: Scrip Symbol: BRIGADE/ Scrip Code: 532929 Dear Sir/ Madam, Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Acquisition of Equity Shares by the Company: We would like to inform you that the Company has acquired 100% stake in the equity shares of M/s. Celebrations Development Company Private Limited (formerly known as BCV Real Estates Private Limited), a step down subsidiary of the Company. M/s. BCV Developers Private Limited, a subsidiary of the Company was holding 100% of the equity shares of M/s. Celebrations Development Company Private Limited (formerly known as BCV Real Estates Private Limited) before this acquisition. Due to the aforesaid acquisition, M/s. Celebrations Development Company Private Limited (formerly known as BCV Real Estates Private Limited) has become a wholly owned subsidiary of the Company with effect from September 25, 2026. The disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, relating to the aforesaid disclosure is enclosed as Annexure A. The above information is also hosted on the website of the Company at www.brigadegroup.com Kindly take the same on your records. Thanking You, Yours faithfully, For Brigade Enterprises Limited P. Om Prakash Company Secretary & Compliance Officer Annexure A Information as required under Regulation 30 – Para A of Part A Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as follows: SI. No. Particular Disclosure 1. Name of the target entity, details in brief Name of Target entity: M/s. Celebrations such as size, turnover etc. Development Company Private Limited (formerly known as BCV Real Estates Private Limited) Brief Details: M/s. Celebrations Development Company Private Limited (formerly known as BCV Real Estates Private Limited) is a private limited company incorporated under the Companies Act, 2013. It is a step down subsidiary of the Company. The Authorised and Paid up Share Capital is Rs. 10,00,000/- (Rupees Ten Lakhs only) Turnover as on March 31, 2026: NIL. The Company is in the process of being operational due to which there is no revenue generation. 2. Whether the acquisition will fall within The transaction is between the Company and its related party transaction(s) and whether subsidiary and hence, a related party transaction. promoter/ promoter group/group It is on arm’s length basis. The Companies have any interest in the Promoter/Promoter group/Group company is Transaction. If yes, nature of interest and interested to the extent of their shareholding, if details thereof and whether the same is any, in target entity. done at “arm’s length” 3. Industry to which the entity being Real Estate Development Business acquired belongs 4. Objects and impact of acquisition The acquisition is made with the object to (including but not limited to, disclosure of undertake Real Estate development projects in the reasons for acquisition of target entity, if its Company. business is outside the main line of business of the listed entity) 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for completion of The acquisition is completed today i.e. September the acquisition 25, 2026 7. Consideration - whether cash Cash consideration or share swap or any other form and details of the same 8. Cost of acquisition and/ or the price at Rs. 10,00,000/- (Rupees Ten Lakhs Only) at a face which the shares are acquired value of Rs. 10/- per equity share. 9. Percentage of shareholding/control The Company has acquired 100% equity stake in acquired and / or number of shares the Target Entity. acquired 10. Brief background about the entity M/s. Celebrations Development Company acquired in terms of products/line of Private Limited (formerly known as BCV Real business acquired, date of incorporation, Estates Private Limited) is a Private Limited history of last 3 years turnover, country Company incorporated on May 04, 2022. The in which the acquired entity has presence object of the Company is to carry on the business and any other significant information (in of real estate development. brief) Turnover of last three financial years: 2025-26 : NIL 2024-25 : NIL 2023-24 : NIL Country of Presence: India Other significant information: Not Applicable