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Brigade Enterprises gets nod to raise upto Rs 1500 crore through NCDs

15 Jul 2025 Evaluate

Brigade Enterprises has received approval to raise upto Rs 1500 crore through issuance of Non-Convertible Debentures (NCDs) on a private placement basis in one or more tranches. The Board of Directors at its meeting held on July 14, 2025 has approved the same. 

Brigade Enterprises is engaged in developing residential, commercial and retail properties primarily in Bangalore and Mysore, and has also developed and is managing a number of serviced apartments under the brand, Brigade Homestead.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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