NSEPress Release20 Aug 2026 · 20 Aug 2026, 02:02 pm
Press Release
Brigade Enterprises Limited · BRIGADE
✦ AI Summary▲ PositiveOrder Win
Brigade Enterprises Limited has signed a lease agreement with HealthEdge, a US-based healthcare technology company, for a super built-up area of approximately 1.62 lakh sq. ft. across 11 floors of Brigade Square in Thiruvananthapuram. This marks an important milestone in Brigade Group's expansion in Thiruvananthapuram and reinforces the city's growing appeal as a destination for global technology and healthcare companies.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Brigade Enterprises Limited has informed the Exchange regarding a press release dated August 20, 2026, titled "Brigade Group Signs Lease Agreement with US based HealthEdge at Brigade Square, Thiruvananthapuram".
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Ref: BEL/NSEBSE/PR/20082026 August 20, 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: Regulation 30 - Press Release – “Brigade Group Signs Lease Agreement with US based HealthEdge
at Brigade Square, Thiruvananthapuram”
We are enclosing herewith the copy of the press release titled “Brigade Group Signs Lease Agreement with
US based HealthEdge at Brigade Square, Thiruvananthapuram”.
This is also hosted on the Company’s website at www.brigadegroup.com
This is pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Kindly take the same on your records.
Thanking you,
Yours faithfully,
For Brigade Enterprises Limited
P. Om Prakash
Company Secretary & Compliance Officer
Encl: As above
PRESS RELEASE
Brigade Group Signs Lease Agreement with US based HealthEdge at Brigade Square,
Thiruvananthapuram
1.62 lakh sq. ft. leased at Brigade Square, Brigade Group’s first IT office building in Technopark
Thiruvananthapuram, August 20, 2026: Brigade Group has signed up a lease agreement with HealthEdge,
a U.S. headquartered healthcare technology company backed by Bain Capital, for a super built-up area of
approximately 1.62 lakh sq. ft. across 11 floors of Brigade’s first IT Office building, Brigade Square in
Thiruvananthapuram. HealthEdge provides AI-powered software and technology-enabled services that
help health plans modernize healthcare administration. With an integrated platform spanning claims
administration, payment accuracy, provider network management, care management, and risk adjustment,
HealthEdge enables health plans to harness automation and AI to deliver frictionless, cost-effective
healthcare experiences.
Located in Technopark – Phase1, Brigade Square is a 2 lakh sq. ft. IT office building designed to support the
evolving requirements of technology-driven businesses. This marks an important milestone in Brigade
Group’s expansion in Thiruvananthapuram and reinforces the city’s growing appeal as a destination for
global technology and healthcare companies.
Commenting on the development, Nirupa Shankar, Joint Managing Director, Brigade Enterprises Limited,
said, “Our objective is to create high-quality, technologically equipped workspaces that attract global
businesses to the city. Brigade Square was therefore envisioned as a future-ready workplace that can meet
the evolving technology, infrastructure and employee experience requirements of world-class organisations.
Having a global healthcare technology company such as HealthEdge as a key occupier is a strong validation
of Thiruvananthapuram’s potential as a technology destination. It also contributes to the creation of high-
quality employment opportunities and strengthens the wider business ecosystem.”
Kevin Adams, CEO, HealthEdge said, “Health plans are under real pressure to control costs and operate
more efficiently, and they need services and technology partners who deliver measurable results. Our teams
in India are central to that work, with deep expertise in AI and engineering, product development, and
operations. This new campus in Thiruvananthapuram reflects our long-term commitment to those teams
and to the growth we're building together at HealthEdge."
HealthEdge’s new campus brings together teams across Engineering, Product Development, Technology,
Operations and Corporate Functions. The new facility has been designed to support collaboration,
innovation and employee experience, with a range of dedicated workplace and employee amenities. The
campus includes an executive floor with a boardroom, meeting rooms and executive dining, along with a
dedicated cafeteria, training rooms, collaborative workspaces, wellness rooms and a mothers’ room.
Brigade Group has significant expansion plans for Thiruvananthapuram. The Group has signed a
Memorandum of Understanding (MoU) with the Government of Kerala to develop a 2 million sq. ft. World
Trade Center within Technopark- Phase 1. Brigade Square will form part of this larger development, further
strengthening the Group’s presence in the city and its contribution to the growth of Thiruvananthapuram’s
commercial and technology ecosystem. The proposed World Trade Center is expected to further enhance the
city’s ability to attract multinational companies, technology businesses and other knowledge-driven
enterprises, while creating a platform for global businesses to establish and expand their operations in
Kerala.
About HealthEdge: HealthEdge® is trusted to provide the technology and services that power health plans’
most important value streams. With an integrated platform of solutions spanning claims administration,
quality improvement, prospective payment accuracy, provider network management, care management,
member engagement and risk adjustment, HealthEdge enables health plans to converge their data so they
can harness automation and the promise of AI. Combining this next-gen technology with services and
expertise gives health plans unmatched capabilities to deliver a future of frictionless and cost-effective
healthcare experiences. For more information, visit HealthEdge.com.
About Brigade Group: Established in 1986, Brigade Group is one of India’s leading property developers
with close to four decades of expertise in building positive experiences for all their stakeholders and winning
their customers’ trust. Brigade has developed many landmark buildings and transformed skylines across
India in the cities of Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City
with developments across Residential, Office, Retail, Hospitality and Education Sectors.
For information on Brigade Group, please visit BrigadeGroup.com
For more information, please contact:
Miriam Macwana, Brigade Enterprises Ltd., Head-Corporate Communications,
Phone: + 91 80 41379200; E-mail: miriammacwana@brigadegroup.com