Shares of Brigade Enterprises Ltd had been buying and selling 2% decrease on 9 Could regardless of the corporate saying securing a land parcel in Bengaluru.
In its regulatory submitting, the corporate stated, “Brigade Group has acquired a strategically positioned 11-acre land parcel reverse ITPL in Whitefield, Bengaluru. The land will likely be developed right into a premium industrial venture with a gross leasable space of roughly 1.5 million sq. ft and a Gross Improvement Worth (GDV) of over RS 2,000 crore.”
The corporate’s board of administrators will meet on 14 Could 2025 to think about and approve the audited standalone and consolidated monetary statements for the fourth quarter and monetary 12 months ended 31 March 2025, in addition to debate and undertake any dividend suggestions for FY2025.
On 21 April, the corporate inked a Joint Improvement Settlement for a projected growth venture in Malur, East Bengaluru, encompassing about 20 acres. The venture has a gross growth worth of round Rs 175 crore and a complete growth potential of 0.45 million sq. ft.
On 7 April, the corporate signed a Joint Improvement Settlement for a residential venture in Mysuru that spans 10 acres and 37 guntas, with a complete growth potential of roughly 0.37 million sq. ft. The venture has a gross growth worth (GDV) of roughly Rs 225 crore.
At 11:40 pm, the shares of Brigade Enterprises had been buying and selling 0.46% decrease at Rs 998 on NSE.
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