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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

760.80 22.10 (2.99%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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