Brigade Enterprises Ltd rose 2.72% today to trade at Rs 1179.65. The BSE Realty index is up 1.09% to quote at 7632.44. The index is down 2.13 % over last one month. Among the other constituents of the index, Prestige Estates Projects Ltd increased 1.66% and Macrotech Developers Ltd added 1.26% on the day. The BSE Realty index went up 38.94 % over last one year compared to the 17.7% surge in benchmark SENSEX. Brigade Enterprises Ltd has lost 2.67% over last one month compared to 2.13% fall in BSE Realty index and 3.13% drop in the SENSEX. On the BSE, 556 shares were traded in the counter so far compared with average daily volumes of 10588 shares in the past one month. The stock hit a record high of Rs 1451.9 on 25 Jun 2024. The stock hit a 52-week low of Rs 726.95 on 22 Nov 2023.Powered by Capital Market - Live

Net profit of Brigade Enterprises declined 10.88% to Rs 118.98 crore in the quarter ended September 2024 as against Rs 133.50 crore during the previous quarter ended September 2023. Sales declined 21.54% to Rs 1072.16 crore in the quarter ended September 2024 as against Rs 1366.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1072.161366.58 -22 OPM %27.2323.77 - PBDT235.28256.08 -8 PBT166.35180.35 -8 NP118.98133.50 -11 Powered by Capital Market - Live

Brigade Enterprises has allotted 27,764 equity shares under ESOP on 13 November 2024. The paid-up share capital of the Company has increased from Rs. 2,44,22,44,100/- to Rs. 2,44,25,21,740/- due to the aforesaid allotmentPowered by Capital Market - Live

Brigade Enterprises will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

Brigade Hotel Ventures, a wholly-owned subsidiary of Brigade Enterprises, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) worth up to Rs 900 crore. The IPO will involve a fresh issue of equity shares, each with a face value of Rs 10. The issue is subject to regulatory approvals, market conditions, and other considerations. Brigade Enterprises is one of India's leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels. The company's consolidated net profit surged 117.29% of Rs 83.72 crore in Q1 FY25 compared with Rs 38.53 crore in Q1 FY24. Revenue from operation jumped 64.8% year on year (YoY) to Rs 1,077.72 crore in the quarter ended 30 June 2024. Powered by Capital Market - Live

Brigade Group has announced the launch of its premium flexible and managed workspace solution, BuzzWorks, in Hyderabad at Auro Orbit in the heart of HITEC City. Spanning a floorplate of 25,000 sq.ft., BuzzWorks at Auro Orbit features 416 desks, along with meeting rooms and collaborative spaces, designed to meet the evolving needs of contemporary enterprises. This expansion aligns with Brigade Group's strategic vision to reach 1 million sq.ft. of flexible office space by FY26. BuzzWorks at Auro Orbit is inspired by the captivating 'Urban Forest' theme, seamlessly blending technology and nature to foster creativity, well-being and sustainability within a futuristic workspace. The layout prioritizes fluid movement, maximizes natural light and minimizes energy consumption, all while incorporating state-of-the-art technology. BuzzWorks offers amenities like wireless access control, visitor management and AI-powered smart space technology, including advanced energy management systems, aligning with modern workplace trends. Sustainability is a key focus, with carefully selected materials and plants that enhance both durability and air quality. The interiors feature birch plywood, known for its exceptional longevity, alongside carefully chosen plants like the Fiddle Leaf Fig and Broken Heart plants, which enhance indoor air quality through natural purification. Carpets made using recycled nylon combine durability with environmental responsibility. Additionally, recreational facilities such as foosball, table tennis and a gaming zone elevate the work environment, complemented by stunning city views from the 18th floor. Powered by Capital Market - Live

Brigade Enterprises has allotted 1,30,43,478 equity shares to eligible qualified institutional buyers at an issue price of Rs 1,150/- per equity share (including a premium of Rs 1,140/- per equity share) which includes a discount of Rs 14.70 per equity share i.e., 1.26% of the floor price of Rs 1,164.70 per equity share aggregating to Rs 1499.99 crore, pursuant to the QIP issue. Powered by Capital Market - Live

Brigade Group and global hospitality company Accor announced the launch of ibis Styles Mysuru on KRS Road. ibis Styles is the fourth hotel between Brigade Group and Accor, and their second in Mysuru after Grand Mercure Mysuru. ibis Styles Mysuru seeks to redefine hospitality with its fusion of contemporary design and cultural nuances. The hotel's interiors draw inspiration from the vibrant birds of Ranganathittu Bird Sanctuary, creating a welcoming atmosphere for guests. With 130 well-designed rooms, ibis Styles Mysuru caters to a variety of needs, offering comfortable accommodation for travelers. The hotel's 30 suites feature designated kitchenettes, private balconies, spacious living areas, and family-friendly rooms. The hotel also houses a dedicated children's play area. Powered by Capital Market - Live

Brigade Enterprises announced that the Board of Directors of Mysore Projects (MPPL) Unlisted Material Subsidiary of the Company, at their meeting held today i.e 16 August, 2024 have approved the appointment of Mr. Abraham George Stephanos (DIN: 06618882) Independent Director of the Company, as an Independent Director on the Board of MPPL w.e.f. 16 August 2024. Powered by Capital Market - Live

Brigade Group has partnered with abCoffee, grab-and-go specialty coffee, to establish outlets across its commercial office spaces in Bengaluru. Through this partnership, abCoffee will open 6 outlets within Brigade properties, enhancing the caf' experience for tenants and visitors alike. We partnered with abCoffee in order to enhance the F&B offerings at our office parks. abCoffee is able to retro fit into operational buildings without requiring additional water or gas points. We find the brand youthful, and relevant, providing high quality F&B at reasonable prices. We are excited to take another step towards enhancing the experience across our campuses.' said Arvind Rao, Vice President - Commercial Business, Brigade Enterprises. Powered by Capital Market - Live