Brigade Enterprises532929Acquisition deal news
Brigade acquires 100% of Celebrations Development Company for Rs. 10 lakh, making it a wholly owned subsidiary
100%Stake acquired
- Target Company
- Celebrations Development Company Private Limited (formerly BCV Real Estates Private Limited)
- Equity Stake Acquired
- 100%
- Consideration
- Rs. 10,00,000/- in cash at face value of Rs. 10/- per equity share
- Seller
- BCV Developers Private Limited (subsidiary of Brigade Enterprises)
- Effective Date
- September 25, 2026
Brigade acquires 100% of Celebrations Development Company for Rs. 10 lakh, making it a wholly owned subsidiary.
Target incorporation
Acquisition completed
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Brigade to hold one-on-one virtual investor meetings at Morgan Stanley's India Property Seminar on Sept 28, 2026
25 Sep 2026
GST Show Cause Notice Received Under Section 73(1)
24 Sep 2026
More numbers
- Cost of acquisitionRs. 10,00,000/- (Rupees Ten Lakhs Only)
- Face value per equity shareRs. 10/- per equity share
- Stake acquired100%
- Authorised and paid up share capital of targetRs. 10,00,000/- (Rupees Ten Lakhs only)
- ConsiderationRs. 10,00,000/- (Rupees Ten Lakhs Only)
Source: BSE · 25 Sep 2026
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