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Brigade Enterprises soars on entering into Investment Framework Agreement with IFC

05 Nov 2026 Evaluate

Brigade Enterprises is currently trading at Rs. 563.05, up by 21.85 points or 4.04% from its previous closing of Rs. 541.20 on the BSE.

The scrip opened at Rs. 551.00 and has touched a high and low of Rs. 574.20 and Rs. 547.85 respectively. So far 44850 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 765.00 on 06-Nov-2025 and a 52 week low of Rs. 461.25 on 23-Mar-2026.

Last one week high and low of the scrip stood at Rs. 574.20 and Rs. 515.65 respectively. The current market cap of the company is Rs. 18354.28 crore.

The promoters holding in the company stood at 41.09%, while Institutions and Non-Institutions held 41.36% and 17.56% respectively.

Brigade Enterprises (BEL) has entered into an Investment Framework Agreement with International Finance Corporation (IFC), pursuant to which the company and IFC have agreed to invest in eligible middle income housing projects. 

Pursuant to the Investment Framework Agreement and in accordance with related transaction documents (including upon fulfilment of agreed conditions precedents), Venusta Ventures (a wholly owned subsidiary of BEL) proposes to issue unsecured, rated, redeemable, rupee-denominated non-convertible debentures, in one or more tranches, to IFC that are proposed to be listed on the wholesale debt market segment of BSE.

Purpose of entering into the agreement is to record the agreement of the company and IFC towards investment in the construction and development of eligible residential projects, including for development of a project by Venusta Ventures.

Brigade Enterprises, a flagship company of Brigade Group, is engaged in developing residential, commercial and retail properties primarily in Bangalore and Mysore, and has also developed and is managing a number of serviced apartments under the brand, Brigade Homestead.

Peers
Company Name CMP
Lodha Developers 1155.50
Prestige EstatesProj 1575.80
Dilip Buildcon 397.50
DLF 747.20
Oberoi Realty 1728.55
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