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Brigade Enterprises FY26 pre sales slip 5% to Rs 7424 crore as approvals lag

Business
Published on 13 May 2026
Brigade Enterprises FY26 pre sales slip 5% to Rs 7424 crore as approvals lag

Board weighs a 1 3 bonus issue amid delays

Brigade Enterprises reported its FY26 pre-sales dipped 5% to Rs 7,424 crore, attributing the slowdown to delays in securing necessary approvals and affecting fresh supply. Alongside the update, the board recommended a 1:3 fully paid-up bonus issue, pending shareholder and company member approval, offering investors additional equity despite softer sales momentum.

  • FY26 pre-sales fell 5% to Rs 7,424 crore
  • Delays in approvals are linked to slower fresh supply
  • Board recommends a 1:3 fully paid-up bonus issue
  • Bonus is subject to shareholder approval
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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