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Brigade Enterprises incorporates wholly-owned subsidiary for real estate business; Stock jumps 2%

23 Feb 2022 , 09:35 AM

Brigade Enterprise

Brigade Enterprises Ltd has informed that the company has incorporated “Brigade Real Estate Developers Private Limited” as its Wholly Owned Subsidary.

The authorized and paid-up equity share capital is Rs1 crore (10 lakh equity shares of Rs10/- each). Since it is a newly incorporated company on February 21, 2022 there is no turnover, said Company.

According to the regulatory filing, the incorporated company would undertake Real Estate development business.

Brigade Enterprises was trading at Rs503.35 apiece up by Rs10.45 or 2.12% on Sensex, at around 9:40 AM.

Related Tags

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  • Brigade Enterprises Ltd
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