Brigade Enterprises' step-down subsidiary, Tandem Allied Services, will merge into its wholly-owned subsidiary, WTC Trades & Projects, following NCLT approval.

Both operate in Facility Management.

This consolidation aims to streamline corporate structure, enhance operational synergy, and boost administrative efficiency.

Tandem's FY25 financials: Net worth ₹22.5 Cr, Turnover ₹27.76 Cr, and Net Profit ₹7.39 Cr.

WTC's FY25 financials: Net worth ₹99.55 Cr, Turnover ₹170.07 Cr, and Net Profit ₹30.63 Cr.

The merger is a share exchange.

This move simplifies internal operations.