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Brigade Enterprises Ltd. Company History and Annual Growth Details

Our Company was originally called ‘Brigade
Enterprises’, a partnership firm, formed by our
Promoters Mr.M. R Jaishankar and Ms. Githa Shankar,
which was subsequently converted into a private
limited company called Brigade Enterprises Private
Limited on November 8, 1995 and a certificate of
incorporation was issued by the Registrar of Companies,
Karnataka in this regard. For more information on our
Promoters,see ‘Our Management- Brief Biographies
of our Directors’ on page 111.

Pursuant to the provisions of Section 391 to 394
of the Companies Act and pursuant to an order of
the High Court of Karnataka dated August 23, 2002,
Brigade Developers Private Limited and Brigade
Investments and Projects Private Limited, merged
with our Company with effect from April 1, 2001
and in the year 2005, pursuant to another order
of High Court of Karnataka dated October 28, 2005,
Brigade Constructions Private Limited merged with
our Company with effect from April 1, 2004.

The registered office of our Company is situated at ‘
Pent House’, Brigade Towers, 135, Brigade Road,
Bangalore 560 025.

Change in status

Our Company was originally formed as a partnership,
under the name of Brigade Enterprises pursuant to a
partnership deed dated May 29, 1990,with our Promoters,
Mr. M. R Jaishankar and Ms. Githa Shankar as
its two partners. The partnership was reconstituted
pursuant to a Deed of Reconstitution dated January 27,1995
and a revised Partnership Deed dated September 29, 1995,
came into effect. The main objective of
Brigade Enterprises was to carry on the business of property
development.

Pursuant to the procedure prescribed under Chapter IX
of the Companies Act, the partnership, Brigade Enterprises
was converted into a private limited company
on November 8, 1995 and a certificate of incorporation was
issued by the Registrar of Companies, Karnataka in this regard

The status of our Company was changed to a public limited
company by a special resolution of the members passed at an
annual general meeting held on June 20, 2007.The fresh
certificate of incorporation consequent on
change of name was granted to our Company on July 20,
2007 by the Registrar of Companies, Karnataka.

Awards
Our Company is certified as an ISO 9001:2000 property
developer.Our Company was also awarded a certificate
of recognition by the International
Facility Management Association in December 2003 for
being amongst the best service providers in the real
estate industry.

Key Events and Milestones

Year Key Events, Milestones and Achievements

January 1992 Completion of construction of Brigade
Gardens, a centrally air-conditioned shopping
complex in Bangalore

April 1994 Completion and handover of our first
luxury apartments project outside Bangalore,
Brigade Residency, Mysore

November 1995 Conversion of the partnership firm
Brigade Enterprises’ into a private limited company
Brigade Enterprise Private Limited’
under chapter IX of the Companies Act

December 1995 Our project ‘Brigade Regency’ in Bangalore
was rated by CRISIL and has received `PA2’rating.

December 1996 Our Company obtains the ISO 9001: 1994
certification from the London based Certifying Agency
Bureau Veritas Quality International.

June 2000 Launch of ‘Homestead I’, range of luxury
service apartments in Bangalore

December 2001 Completion and handover of Komarla
Brigade Residency, an eco friendly building

August 2002 Merger of Brigade Developers Private
Limited and Brigade Investments and Projects Private
Limited into our Company

February 2003 Our Company is re-certified for ISO
9001:2000.

July 2003 Our Project Brigade Millenium 1 - Phase
I ‘Mayflower’ and ‘Cassia’ Blocks’ have been awarded
a credit rating of ‘RT2+’ by ICRA

Year Key Events, Milestones and Achievements

October 2005 Merger of Brigade Constructions Private
Limited with our Company

December 2005 Our Company is re-certified for ISO
9001:2000

June 2006 Completion of Brigade Millennium, an
integrated lifestyle enclave in Bangalore.

July 2007 Change of status from private to public

2008

-Brigade Enterprises Ltd has informed that the Board of Directors of the Company at its meeting held on April 25, 2008, inter alia, have Co-opted Dr. Anumolu Ramakrishna as Additional Director on the Board of the Company.

2009

-Brigade Enterprises announces launch of "Brigade Value Homes"

-Brigade Enterprises has recommended a dividend of Rs 1.20 per equity share (12%).

2010

-Brigade Enterprises has entered into a Joint Development Agreement for 16.50 acres of land for development of 1.80 million square feet in Whitefield, Bangalore.

-Brigade Enterprises Commercial Project - Word Trade Center, Bangalore @ Brigade Gateway, Malleshwaram, Bangalore has won the award for the 'Best Commercial Project of the Year' in the prestigious Property World Awards for 2010.

2011

-The Company has been awarded "Developer of the Year - Commercial" by Realty Plus at the Realty Plus Excellence Awards

-Brigade Metropolis wins Best Residential Property in South India

-Brigade launches High Quality Value Homes in Bangalore - Brigade Meadows on Kanakapura Road.

-World Trade Center, Bangalore at Brigade Gateway wins 'Outstanding Concrete Structure of Karnataka for 2010'"

-Brigade Enterprises launches 35 storeys villa style luxury apartments

2012

-Brigade Enterprises announces its first villa project in Brigade Orchards at Devanahalli.

-Brigade Enterprises launches ORION MALL, part of the award-winning Brigade Gateway Enclave

-Brigade Enterprises Signs PE-deal with GIC

-Brigade Enterprises bags two esteemed real estate industry awards

-Brigade Enterprises received the Platinum Award of excellence at CWAB

--Registered Office of the Company has been shifted to 29th & 30th Floors, World Trade Center, Brigade Gateway Campus, 26/1-171-172, Dr. Rajkumar Road, Malleswaram - Rajajinagar, Bangalore 560055

2013
- Brigade Group launches Mysores first premium Villa Project.
- Brigade Group launches Its first project in Hyderabad, ‘Brigade at No.7 in Banjara Hills.
- Brigade Group - Won Four Awards at the Realty Plus Excellence Awards 2013-South.

2014
- Brigade Enterprises - MOU between Brigade Group and GIC, Singapore set up Rs. 1,500 crores Joint Venture for residential inve.
- Brigade Group launches an online booking platform for apartment buying
- Brigade Group launches a luxury project Brigade NorthRidge in North Bangalore
- Brigade Enterprises wins award at CNBC AWAAZ Real Estate Awards 2013 in 2014.

2015
-Brigade Group announces the proposed launch of the iconic World Trade Center in Kochi
-Brigade Group and GIC Singapore acquire landmark Whitefield property from HUL
-Brigade Group launches a luxury project Brigade Panorama in West Bangalore
-Brigade Group wins hospitality award
-Brigade Enterprises gains on land acquisition plan
-Brigade Group ties up with Steve Waugh's Waughglobal.com
-The company has started the construction of a 5 star hotel in Infopark, Kochi.
-Brigade Group wins bid for development Yuken India property

2016
- Brigade Group launches new project in Bangalore
- Brigade Exotica Wins Luxury Apartment Project of the Year at the NDTV Property Awards 2015
- Brigade Enterprises acquires securities from Reco Caspia
- Brigade Group Signs MoU with rental solutions provider NestAway

2017
-Brigade Enterprises Ltd Inaugurated Brigade's First Luxury Apartment Project in Derebail, Mangaluru".
-Brigade Enterprises wins two awards at CREDAI Karnataka’s CARE Awards 2017

2018
-Brigade announces the launch of Brigade Woods in Whitefield, Bangalore
-Brigade Enterprises ranks amongst the top 3 Developers in south india in the consumer confidence survey
-Brigade launch of Brigade Bricklane on Kogilu Road, Bangalore
-Brigade launch the Plumeria Lifestyle at Brigade Meadows, Bangalore
-Brigade Enterprises Ltd was awarded as one of India's Best companies to work for 2018

2019
-Brigade announces the Pre-launch of Brigade Cornerstone utopia Phase 1 on Whitefield-Sarjapur Road
-Brigade’s annual property exhibition to be held from 2nd to 4th August, 2019

2020
-Brigade Enterprises Ltd. recognised among India’s Top 100 Best Companies

2021
-Brigade Enterprises Ltd Launches Brigade Citadel Residential Project'

2022

-Brigade El Dorado Wins the Prestigious PMAY Award.
-Brigade Enterprises unit acquires stake in Tandem Allied Services.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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