NSEGeneral Updates21h ago · 19 Aug 2026, 07:21 pm

General Updates

Brigade Enterprises Limited · BRIGADE

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Brigade Enterprises Limited has acquired 100% stake in Celebrations Private Limited, a step-down subsidiary, for Rs. 30 lakhs. The acquisition is for real estate development projects.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Brigade Enterprises Limited has informed the Exchange about Acquisition of Equity Shares by the Company

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BRIGADE_19082026192138_IntimationforacquisitionofsharesCPL.pdf

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Ref: BEL/NSEBSE/AQN/19082026 August 19, 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 Private Limited, step down subsidiary of the Company. M/s. Brigade Hospitality Services Limited, wholly owned subsidiary of the Company was holding 100% of the equity shares of M/s. Celebrations Private Limited before this acquisition. Due to the aforesaid acquisition M/s. Celebrations Private Limited has become a wholly owned subsidiary of the Company with effect from August 19, 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 Private such as size, turnover etc. Limited Brief Details: M/s. Celebrations 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. 30,00,000/- (Rupees Thirty 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 wholly owned subsidiary and hence, a related promoter/ promoter group/group party transaction. 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. August 19, the acquisition 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. 30,00,000/- (Rupees Thirty 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 Private Limited is a Private acquired in terms of products/line of Limited Company incorporated on November 08, business acquired, date of incorporation, 2021. The object of the Company is to carry on the history of last 3 years turnover, country business of real estate development. in which the acquired entity has presence and any other significant information (in Turnover of last three financial years: brief) 2025-26 : NIL 2024-25 : NIL 2023-24 : NIL Country of Presence: India Other significant information: Not Applicable