Brigade Enterprises

July 10 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE - BOARD TO CONSIDER FUND RAISING VIA ISSUE OF SECURITIES ON JULY 15, 2026

Source text: ID:nBSE8mjRpG

Further company coverage: BRIG.NS

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Corrects spelling of 'about' in bullet 4

** Shares of Brigade Enterprises BRIG.NS fall 2.3% to 542 rupees

** Real estate developer says environmental clearance for Chennai residential project has been revoked

** BRIG says it is appealing against the order and exploring all appropriate legal and regulatory remedies

** YTD, BRIG down about 18%

(Reporting by Vijay Malkar)

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Brigade Enterprises announced that the Tamil Nadu State Level Environment Impact Assessment Authority revoked the environmental clearance for its residential project 'Brigade Morgan Heights' in Chennai, a decision the company called legally unsustainable and procedurally improper. The developer said it received no prior notice or hearing before the revocation, which came as a shock given that the Madras High Court had dismissed a public interest litigation against the project just three months ago. Brigade, which has made substantial investments and begun construction, is appealing the order and exploring all legal remedies. The company also noted that the proposed Ramsar site zone covers over 11,000 acres in South Chennai, potentially affecting other projects and landowners.

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** IDBI Capital initiates coverage on Brigade Hotel Ventures BRIA.NS with "buy", TP at 86 rupees

** Shares of BRIA up as much as 1.24% to 62.24 rupees

** Brokerage says BRIA's strong presence in southern India, aggressive expansion plans and backing from Brigade Group position it for long-term growth

** Expects net sales and EBITDA to grow at a CAGR of 22.8% and 28.3%, respectively, over FY26-28

** Says new hotel assets coming onstream by FY30 should support higher room rates and profitability

** YTD stock down 8.31%

(Reporting by Devika Nair in Bengaluru)

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May 25 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE GROUP SIGNS JDA FOR 8.50 BILLION RUPEES PREMIUM RESIDENTIAL PROJECT IN HYDERABAD

Source text: ID:nBSEvQx2T

Further company coverage: BRIG.NS

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May 6 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE MARCH-QUARTER CONSOL NET PROFIT 1.45 BILLION RUPEES

• BRIGADE MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 14.58 BILLION RUPEES

Source text: [ID:]

Further company coverage: BRIG.NS

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April 28 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE - BRIGADE GROUP ACQUIRES 5.72 ACRES LAND IN HYDERABAD; TO DEVELOP A RESIDENTIAL PROJECT

• BRIGADE - LAND PARCEL ACQUIRED AT 440 MILLION RUPEES PER ACRE

Source text: ID:nBSE3DHCPC

Further company coverage: BRIG.NS

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** India's Nifty's real estate sector .NIFTYREAL gains 2.4%, hits over-one-month high

** Rate-sensitive index set for over 13% weekly gain - its strongest showing since September 2021

** Outperforming other sub-indexes for weekly gains, the index houses names such as Prestige PREG.NS, Lodha LODH.NS, DLF DLF.NS and Brigade BRIG.NS

** Index down 16.6% in March on Iran war-related losses

** FY27 expected to be launch-heavy for most players which will drive pre-sales growth; sharp price correction provides attractive entry points - HDFC Securities

** With Reserve Bank of India keeping rates steady on Wednesday, Anuj Puri, chairman, Anarock group noted steady rates means stability for current and future home loan borrowers

** For people buying homes, its good news and they can move forward with more confidence - Puri

** YTD, index down 13%; benchmark Nifty 50 .NSEI down 8%

(Reporting by Pranav Kashyap in Bengaluru)

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** Shares of Brigade Enterprises BRIG.NS rise 9.6% to 735.05 rupees, on course to gain for third straight session

** Property developer launches Brigade Lumina residential project in Bengaluru, with revenue potential of over 7 bln rupees ($74.3 mln)

** Trading vols over 5x the 30-day average at 1.7 mln shares so far

** YTD, BRIG down ~17%

($1 = 94.2730 Indian rupees)

(Reporting by Vijay Malkar)

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March 26 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE GROUP LAUNCHES BRIGADE LUMINA IN BENGALURU WITH REVENUE POTENTIAL OVER 7 BILLION RUPEES

Source text: ID:nBSECCvcH

Further company coverage: BRIG.NS

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March 25 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• LAUNCHES BRIGADE BELVEDERE WITH REVENUE POTENTIAL EXCEEDING 11 BILLION RUPEES

• INITIAL PHASE INCLUDES TWO TOWERS WITH 773 PREMIUM RESIDENTIAL UNITS

Source text: ID:nBSE7gTNZ4

Further company coverage: BRIG.NS

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March 13 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BUZZWORKS LEASES OFFICE SPACE IN HYDERABAD TO MYCOMPLIANCEOFFICE

Source text: ID:nBSE5kZH1X

Further company coverage: BRIG.NS

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** Shares of Brigade Enterprises BRIG.NS up 2.7% to 689 rupees, on track to rise for a second consecutive session

** Real estate developer enters the industrial real estate sector with an industrial park in Bengaluru in the southern Indian state of Karnataka

** Analysts rate stock "strong buy" on avg; median PT is 1,074 rupees - data compiled by LSEG

** Stock down 24% YTD

(Reporting by Yagnoseni Das in Bengaluru)

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March 10 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE FORAYS INTO INDUSTRIAL REAL ESTATE WITH BRIGADE INDUSTRIAL PARK

• INDUSTRIAL PARK TO OFFER 2 MILLION SQ FT LEASABLE SPACE FOR STRATEGIC SECTORS

Source text: ID:nBSE9Yqw3t

Further company coverage: BRIG.NS

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March 3 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• LEASES 156,000 SQ FT AT BRIGADE TWIN TOWERS

• LEASE AGREEMENT WITH MANN+HUMMEL FILTER AND LABCORP AT BRIGADE TWIN TOWERS

Source text: ID:nBSEb3B6KH

Further company coverage: BRIG.NS

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Feb 26 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• STRATEGIC PARTNERSHIP BETWEEN BRIGADE GROUP AND PRIMUS SENIOR LIVING

• PARTNERS WITH PRIMUS TO LAUNCH THREE COMMUNITIES

• PROJECTS EXPECTED GDV ABOUT 7.50 BILLION RUPEES

Source text: ID:nBSE9FMYR0

Further company coverage: BRIG.NS

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Jan 30 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE - GROUP SIGNS AGREEMENT TO BUY LAND IN SECUNDERABAD

• BRIGADE - SIGNS AGREEMENT TO BUY LAND IN SECUNDERABAD

• BRIGADE - PROJECT ESTIMATED GROSS DEVELOPMENT VALUE OF 6.50 BILLION RUPEES

Source text: ID:nBSE9mcrwM

Further company coverage: BRIG.NS

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** Shares of Indian hotel developer Brigade Hotel Ventures BRIA.NS rise 2.23% to 62.16 rupees

** Co's quarterly profit rises nearly 1.5x, rev from ops increases 11.6%

** Co expects growth to be led by existing hotels and ramp-up in select properties; strengthening portfolio with nine upcoming hotels in luxury and upscale segments - statement

** Both analysts covering the stock rate it "strong buy"; median PT is 113.50 rupees - LSEG

** Stock down ~7% so far in January

(Reporting by Abhirami G in Bengaluru)

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Sept 26 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES LTD - COMPANY BUYS 100% STAKE IN AMG INFO PARK

• BRIGADE ENTERPRISES LTD - ACQUISITION COST IS 134.4 MILLION RUPEES

Source text: ID:nBSE9hFVL3

Further company coverage: BRIG.NS

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Sept 22 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES LTD - SIGNS RESIDENTIAL DEVELOPMENT IN SOUTH BENGALURU WITH 12 BILLION RUPEES GDV

Source text: ID:nBSE7zhQ87

Further company coverage: BRIG.NS

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** Shares of Brigade Hotel Ventures BRIA.NS rise 0.5% to 83.93 rupees

** ICICI Securities initiates with "buy" rating, 117 rupees PT implying 43% upside to last close

** Brokerage highlights plans to 2x operational rooms by FY30 with 9 new hotels, 34 billion rupees ($385.09 million) capex

** Forecast 17% revenue, 20% EBITDA CAGR over FY25-28 on premium hotel ramp-up, margin expansion

** BRIA has strong growth potential as new high-end hotels open and start contributing more meaningfully to profits - ICICI Securities

** Says, co's valuation at around 20% discount to peers Lemon Tree LEMO.NS and Chalet Hotels CHAL.NS

** BRIA up around 3% since listing on July 31

($1 = 88.2900 Indian rupees)

(Reporting by Nishit Navin in Bengaluru)

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Aug 22 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES - JAYANT B MANMADKAR RESIGNS AS CFO OF BRIGADE

• BRIGADE ENTERPRISES LTD - PRADYUMNA KRISHNA KUMAR NAMED INTERIM CFO

Source text: ID:nBSE43j6JR

Further company coverage: BRIG.NS

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Aug 8 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE - LAUNCHES A PREMIUM PLOTTED DEVELOPMENT IN EAST BENGALURU WITH REVENUE POTENTIAL OF 2.25 BILLION RUPEES

Source text: ID:nBSExjhb9

Further company coverage: BRIG.NS

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July 25 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES LTD - BRIGADE GROUP LAUNCHES BRIGADE AVALON IN BENGALURU

• BRIGADE ENTERPRISES LTD - AVALON PROJECTED REVENUE OVER 10 BILLION RUPEES

Source text: ID:nBSE59kS8J

Further company coverage: BRIG.NS

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Adds CEO comment in paragraph 5

July 21 (Reuters) - India's Brigade Hotel Ventures BRIA.NS set a price band of 85 to 90 rupees for its IPO, seeking a valuation of up to 34.19 billion rupees ($396.96 million), as it aims to expand its presence in the domestic hospitality sector.

The IPO of Brigade Hotel Ventures, the hospitality arm of Brigade Enterprises BRIG.NS, will open for bidding from July 24 to July 28.

The trimmed-down 7.6-billion-rupee ($88 million) IPO is a fresh issue, with the number of shares yet to be disclosed and proceeds earmarked for debt repayment and acquisitions.

Brigade Hotel Ventures first filed for an IPO in October with an offer size from 9 billion rupees.

CEO Ananda Natarajan told Reuters the reduction follows a 1.26 billion rupees pre-IPO funding round and a debt payment of about 5 million rupees made since June 24.

India's hospitality sector is on a strong upswing, fuelled by a rebound in travel, rising room rates, and steady demand from both leisure and business segments. With improving margins and growing investor interest, hotel firms are tapping public markets to fund growth.

The domestic hotel market has expanded nearly twelvefold between 2015 and 2025, with the luxury segment set to grow 74% over the next four years, driven by a robust project pipeline, according to consultancy Horwath HTL.

Brigade Hotel Ventures operates nine hotels across five Indian cities, with a total inventory of 1,604 keys. The properties are managed in partnership with global hospitality brands like Marriott, Accor and IHG, spanning the midscale to upper scale segments.

In February, the company announced plans to add five new hotels, including luxury properties, aiming to expand its portfolio to 2,560 keys by fiscal 2029.

The company competes with the newly listed Schloss Bangalore SCHL.NS, owner of luxury hotel chain "The Leela", among others.

($1 = 86.1300 Indian rupees)

(Reporting by Manvi Pant, Yagnoseni Das and Chandini Monnappa in Bengaluru; Editing by Sherry Jacob-Phillips and Janane Venkatraman)

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** Shares of Brigade Enterprises BRIG.NS rise 3.2% to 1125.6 rupees, their biggest one-day pct gain in over a month

** Real estate developer's arm BuzzWorks launches 50,000 square feet workspace at Hyderabad

** Analysts rate stock "strong buy" on avg; median PT is 1400 rupees - data compiled by LSEG

** Stock down 9.5% YTD

(Reporting by Aleef Jahan in Bengaluru)

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July 9 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• TO RAISE FUNDS VIA NON-CONVERTIBLE DEBENTURES

• BOARD MEETING ON JULY 14 TO APPROVE FUND RAISING

Source text: ID:nBSE5NGT2F

Further company coverage: BRIG.NS

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** Shares of Brigade Enterprises BRIG.NS rise 2.3% to 1,031.35 rupees

** Brigade Group signs joint agreement for plotted development project at Malur, East Bengaluru

** Project has gross development value of 1.75 bln rupees ($20.6 mln)

** Stock set to gain for sixth straight session

** BRIG down ~17% YTD

($1 = 85.1225 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

April 21 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE GROUP SIGNS JDA FOR PLOTTED DEVELOPMENT IN EAST BENGALURU

• GROSS DEVELOPMENT VALUE OF PROJECT IS AROUND 1.75 BILLION RUPEES

Source text: ID:nBSE8JsF0s

Further company coverage: BRIG.NS

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