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.
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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