Brigade Enterprises Raises ₹200 Crore Via Commercial Papers Maturing in 90 Days
Brigade Enterprises Limited has announced the issuance of Commercial Papers (CP) worth ₹200 Crores. The instrument has a tenure of 90 days, with an allotment date of December 18, 2025, and a maturity ...
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Why is Brigade Enterprises Limited in the news today?
Brigade Enterprises Limited (BRIGADE) is in the news due to the issuance of commercial papers is a routine financing activity and does not inherently indicate a positive or negative development for the company.
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Brigade Enterprises Raises ₹200 Crore Via Commercial Papers Maturing in 90 Days
December 19, 2025, 11:54 AM
Brigade Enterprises Limited has announced the issuance of Commercial Papers (CP) worth ₹200 Crores. The instrument has a tenure of 90 days, with an allotment date of December 18, 2025, and a maturity date of March 18, 2026.
The Commercial Papers were issued at a discounting rate of 6.83%, with the principal and interest payment due at the end of the maturity period. The security is rated A1+ and was issued in favor of Kotak Mahindra Bank Limited. No specific charge or security has been created over the company's assets for this issuance. Further details are available on the company's website, www.brigadegroup.com.
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