Brigade Enterprises Limited has informed the Exchange that the meeting of the Board of Directors of the Company was held as scheduled on July 23, 2010, and the Board inter-alia took the following decisions: (1) The Board noted the acquisition of 99% shareholding of WTC Trades & Projects Private Limited which holds the World Trade License for the economic region of Bangalore. WTC Trades & Projects P. Limited has become a subsidiary of the Company by virtue of the aforesaid acquisition. (2) The Company will be rebranding its 30 storied "A" Grade commercial office tower - The North Star at Brigade Gateway as the "World Trade Center - Bangalore". This would be India's first privately run World Trade Center.
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