Brigade Enterprises Ltd arm updates on acquisition

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WTC Trades & Projects Private Limited, a wholly owned subsidiary of Brigade Enterprises Limited has acquired 63% stake in the equity shares of the Tandem Allied Services Private Limited from its existing shareholders.

Tandem Allied Services Private Limited has become a subsidiary of WTC Trades & Projects Private Limited and a step down subsidiary of Brigade Enterprises Limited due to the aforesaid acquisition. Prior to this acquisition Tandem Allied Services Private Limited was an associate company of Brigade Enterprises Limited.