BRIGADE

** Shares of Brigade Enterprises BRIG.NS rise 9.6% to 735.05 rupees, on course to gain for third straight session

** Property developer launches Brigade Lumina residential project in Bengaluru, with revenue potential of over 7 bln rupees ($74.3 mln)

** Trading vols over 5x the 30-day average at 1.7 mln shares so far

** YTD, BRIG down ~17%

($1 = 94.2730 Indian rupees)

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

March 26 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE GROUP LAUNCHES BRIGADE LUMINA IN BENGALURU WITH REVENUE POTENTIAL OVER 7 BILLION RUPEES

Source text: ID:nBSECCvcH

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

March 25 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• LAUNCHES BRIGADE BELVEDERE WITH REVENUE POTENTIAL EXCEEDING 11 BILLION RUPEES

• INITIAL PHASE INCLUDES TWO TOWERS WITH 773 PREMIUM RESIDENTIAL UNITS

Source text: ID:nBSE7gTNZ4

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

March 13 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BUZZWORKS LEASES OFFICE SPACE IN HYDERABAD TO MYCOMPLIANCEOFFICE

Source text: ID:nBSE5kZH1X

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Brigade Enterprises BRIG.NS up 2.7% to 689 rupees, on track to rise for a second consecutive session

** Real estate developer enters the industrial real estate sector with an industrial park in Bengaluru in the southern Indian state of Karnataka

** Analysts rate stock "strong buy" on avg; median PT is 1,074 rupees - data compiled by LSEG

** Stock down 24% YTD

(Reporting by Yagnoseni Das in Bengaluru)

((Yagnoseni.Das@thomsonreuters.com;))

March 10 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE FORAYS INTO INDUSTRIAL REAL ESTATE WITH BRIGADE INDUSTRIAL PARK

• INDUSTRIAL PARK TO OFFER 2 MILLION SQ FT LEASABLE SPACE FOR STRATEGIC SECTORS

Source text: ID:nBSE9Yqw3t

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;))

March 3 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• LEASES 156,000 SQ FT AT BRIGADE TWIN TOWERS

• LEASE AGREEMENT WITH MANN+HUMMEL FILTER AND LABCORP AT BRIGADE TWIN TOWERS

Source text: ID:nBSEb3B6KH

Further company coverage: BRIG.NS

((Reutersbriefs@thomsonreuters.com;))

Feb 26 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• STRATEGIC PARTNERSHIP BETWEEN BRIGADE GROUP AND PRIMUS SENIOR LIVING

• PARTNERS WITH PRIMUS TO LAUNCH THREE COMMUNITIES

• PROJECTS EXPECTED GDV ABOUT 7.50 BILLION RUPEES

Source text: ID:nBSE9FMYR0

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

Jan 30 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE - GROUP SIGNS AGREEMENT TO BUY LAND IN SECUNDERABAD

• BRIGADE - SIGNS AGREEMENT TO BUY LAND IN SECUNDERABAD

• BRIGADE - PROJECT ESTIMATED GROSS DEVELOPMENT VALUE OF 6.50 BILLION RUPEES

Source text: ID:nBSE9mcrwM

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Shares of Indian hotel developer Brigade Hotel Ventures BRIA.NS rise 2.23% to 62.16 rupees

** Co's quarterly profit rises nearly 1.5x, rev from ops increases 11.6%

** Co expects growth to be led by existing hotels and ramp-up in select properties; strengthening portfolio with nine upcoming hotels in luxury and upscale segments - statement

** Both analysts covering the stock rate it "strong buy"; median PT is 113.50 rupees - LSEG

** Stock down ~7% so far in January

(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

Sept 26 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES LTD - COMPANY BUYS 100% STAKE IN AMG INFO PARK

• BRIGADE ENTERPRISES LTD - ACQUISITION COST IS 134.4 MILLION RUPEES

Source text: ID:nBSE9hFVL3

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;))

Sept 22 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES LTD - SIGNS RESIDENTIAL DEVELOPMENT IN SOUTH BENGALURU WITH 12 BILLION RUPEES GDV

Source text: ID:nBSE7zhQ87

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Brigade Hotel Ventures BRIA.NS rise 0.5% to 83.93 rupees

** ICICI Securities initiates with "buy" rating, 117 rupees PT implying 43% upside to last close

** Brokerage highlights plans to 2x operational rooms by FY30 with 9 new hotels, 34 billion rupees ($385.09 million) capex

** Forecast 17% revenue, 20% EBITDA CAGR over FY25-28 on premium hotel ramp-up, margin expansion

** BRIA has strong growth potential as new high-end hotels open and start contributing more meaningfully to profits - ICICI Securities

** Says, co's valuation at around 20% discount to peers Lemon Tree LEMO.NS and Chalet Hotels CHAL.NS

** BRIA up around 3% since listing on July 31

($1 = 88.2900 Indian rupees)

(Reporting by Nishit Navin in Bengaluru)

((nishit.navin@thomsonreuters.com))

Aug 22 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES - JAYANT B MANMADKAR RESIGNS AS CFO OF BRIGADE

• BRIGADE ENTERPRISES LTD - PRADYUMNA KRISHNA KUMAR NAMED INTERIM CFO

Source text: ID:nBSE43j6JR

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;))

Aug 8 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE - LAUNCHES A PREMIUM PLOTTED DEVELOPMENT IN EAST BENGALURU WITH REVENUE POTENTIAL OF 2.25 BILLION RUPEES

Source text: ID:nBSExjhb9

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

July 25 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES LTD - BRIGADE GROUP LAUNCHES BRIGADE AVALON IN BENGALURU

• BRIGADE ENTERPRISES LTD - AVALON PROJECTED REVENUE OVER 10 BILLION RUPEES

Source text: ID:nBSE59kS8J

Further company coverage: BRIG.NS

((reuters.briefs@thomsonreuters.com;))

Adds CEO comment in paragraph 5

July 21 (Reuters) - India's Brigade Hotel Ventures BRIA.NS set a price band of 85 to 90 rupees for its IPO, seeking a valuation of up to 34.19 billion rupees ($396.96 million), as it aims to expand its presence in the domestic hospitality sector.

The IPO of Brigade Hotel Ventures, the hospitality arm of Brigade Enterprises BRIG.NS, will open for bidding from July 24 to July 28.

The trimmed-down 7.6-billion-rupee ($88 million) IPO is a fresh issue, with the number of shares yet to be disclosed and proceeds earmarked for debt repayment and acquisitions.

Brigade Hotel Ventures first filed for an IPO in October with an offer size from 9 billion rupees.

CEO Ananda Natarajan told Reuters the reduction follows a 1.26 billion rupees pre-IPO funding round and a debt payment of about 5 million rupees made since June 24.

India's hospitality sector is on a strong upswing, fuelled by a rebound in travel, rising room rates, and steady demand from both leisure and business segments. With improving margins and growing investor interest, hotel firms are tapping public markets to fund growth.

The domestic hotel market has expanded nearly twelvefold between 2015 and 2025, with the luxury segment set to grow 74% over the next four years, driven by a robust project pipeline, according to consultancy Horwath HTL.

Brigade Hotel Ventures operates nine hotels across five Indian cities, with a total inventory of 1,604 keys. The properties are managed in partnership with global hospitality brands like Marriott, Accor and IHG, spanning the midscale to upper scale segments.

In February, the company announced plans to add five new hotels, including luxury properties, aiming to expand its portfolio to 2,560 keys by fiscal 2029.

The company competes with the newly listed Schloss Bangalore SCHL.NS, owner of luxury hotel chain "The Leela", among others.

($1 = 86.1300 Indian rupees)

(Reporting by Manvi Pant, Yagnoseni Das and Chandini Monnappa in Bengaluru; Editing by Sherry Jacob-Phillips and Janane Venkatraman)

((Yagnoseni.Das@thomsonreuters.com;))

** Shares of Brigade Enterprises BRIG.NS rise 3.2% to 1125.6 rupees, their biggest one-day pct gain in over a month

** Real estate developer's arm BuzzWorks launches 50,000 square feet workspace at Hyderabad

** Analysts rate stock "strong buy" on avg; median PT is 1400 rupees - data compiled by LSEG

** Stock down 9.5% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

July 9 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• TO RAISE FUNDS VIA NON-CONVERTIBLE DEBENTURES

• BOARD MEETING ON JULY 14 TO APPROVE FUND RAISING

Source text: ID:nBSE5NGT2F

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Shares of Brigade Enterprises BRIG.NS rise 2.3% to 1,031.35 rupees

** Brigade Group signs joint agreement for plotted development project at Malur, East Bengaluru

** Project has gross development value of 1.75 bln rupees ($20.6 mln)

** Stock set to gain for sixth straight session

** BRIG down ~17% YTD

($1 = 85.1225 Indian rupees)

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

April 21 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE GROUP SIGNS JDA FOR PLOTTED DEVELOPMENT IN EAST BENGALURU

• GROSS DEVELOPMENT VALUE OF PROJECT IS AROUND 1.75 BILLION RUPEES

Source text: ID:nBSE8JsF0s

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Brigade Enterprises BRIG.NS climbs 2.7%, among broad market .NSEI rebound after 5.6% drop to 52-week low on Monday

** Gains helped by real estate developer's deal to jointly develop residential project in Mysuru with gross development value of 2.25 bln rupees ($26.2 mln)

** BRIG among top pct gainers on Nifty Realty .NIFTYREAL index, which is up 1.6%

** Stock rated "strong buy" on avg vs "buy" on remaining stocks on 10-member NIFTYREAL

** YTD, BRIG down 26%, tracking NIFTYREAL's 25% decline

($1 = 85.8570 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

** Brigade Enterprises BRIG.NS climbs as much as 6.5% to at 1,057.85 rupees, nearly 6-week high

** Real estate developer buys 4.4-acre land parcel in Bengaluru for premium residential project

** Project's gross development value is 9.5 bln rupees (~$111 mln)

** Over 526,000 shares traded vs 30-day avg of 352,687

** Stock top gainer on Nifty realty index .NIFTYREAL, which is up 0.22%

** BRIG rated "buy" on avg, same as peer Oberoi Realty OEBO.NS and Godrej Properties GODR.NS, per data compiled by LSEG

** YTD, BRIG, OEBO, GODR down 20%, ~28% and 21%, respectively

($1 = 85.6820 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))

March 24 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• ACQUIRES LAND WORTH 4.4 ACRES IN WHITEFIELD, BENGALURU

• WILL BUILD PROJECT WITH GROSS DEVELOPMENT VALUE OF 9.50 BILLION RUPEES

Source text: ID:nBSE3jSLrZ

Further company coverage: BRIG.NS

((Reutersbriefs@thomsonreuters.com;))

March 18 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• SUBSIDIARY ZOIROS PROJECTS ALLOTTED SHARES TO CO AND GRUHAS PROPTECH LLP

• ZPPL SHAREHOLDING NOW 50% BRIGADE, 50% GRUHAS

  
  

Source text: [ID:]

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

March 14 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE - LAUNCHED BRIGADE ETERNIA, A RESIDENTIAL PROJECT

• BRIGADE - PROJECT HAS A REVENUE POTENTIAL OF OVER 27 BILLION RUPEES

• BRIGADE - PROJECT TO BE COMPLETED BY MARCH 31, 2030

Source text: ID:nBSE3Pdwmv

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;))

March 13 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES - BRIGADE GROUP LAUNCHES PREMIUM RESIDENTIAL PROJECT EBONY AT BRIGADE ORCHARDS

• BRIGADE ENTERPRISES LTD - PROJECT LOCATED IN DEVANAHALLI

• BRIGADE ENTERPRISES LTD - PROJECT HAS REVENUE POTENTIAL OF OVER 3.80 BILLION RUPEES

Source text: ID:nNSE37qpt9

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;;))

March 6 (Reuters) - Brigade Enterprises Ltd BRIG.NS:

• BRIGADE ENTERPRISES LTD - GROUP LAUNCHES BRIGADE ALTIUS WITH 17 BILLION RUPEES REVENUE POTENTIAL

Source text: ID:nBSE6Dfn67

Further company coverage: BRIG.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Brigade Enterprises BRIG.NS rise 3.3% to 1,129 rupees

** Stock top pct gainer on the Nifty realty index .NIFTYREAL, which is up 1.3%

** Real estate developer's Q3 consol net profit more than trebles, driven by rising demand for luxury homes, office spaces

** Avg of analysts' rating on stock is "strong buy" vs "buy" on peers Oberoi Realty OEBO.NS, Godrej Properties GODR.NS; their median PT on BRIG is 1,450 rupees - LSEG data

** Stock rose 38.6% in 2024 vs 34% gain in Nifty realty index

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))