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Brigade Enterprises’ arm enters into share purchase agreement with HUL

24 Mar 2015 Evaluate

Brigade Enterprises’ subsidiary - Brigade Properties, has entered into share purchase agreement with Hindustan Unilever (HUL) based on which it has acquired HUL’s 100% stake in Brooke Bond Real Estates. Brooke Bond Real Estates will develop an IT SEZ of over 3 million square feet.

Due to this, Brooke Bond Real Estates has become a wholly owned subsidiary of Brigade Properties, a Brigade Group company, and a step down subsidiary of the company with immediate effect.

Brigade Properties is a joint venture between the listed entity Brigade Enterprises and GIC, Singapore.


Brigade Enterprises Share Price

773.10 14.90 (1.97%)
11-May-2026 09:12 View Price Chart
Peers
Company Name CMP
Lodha Developers 946.70
Dilip Buildcon 471.30
DLF 600.00
Oberoi Realty 1719.95
Ahluwalia Contract(I 856.00
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