Brigade Enterprises Issues ₹200 Cr Commercial Paper with 6.83% Discounting Rate

1 min read     Updated on 19 Dec 2025, 05:37 PM
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Overview

Brigade Enterprises has announced the issuance of commercial papers worth ₹200 crores. The commercial paper has a face value of ₹5 lakh per security, a discounting rate of 6.83%, and a maturity date of August 18, 2026, with a tenure of 242 days. The company has informed both the National Stock Exchange and BSE Limited about this issuance, complying with SEBI's listing obligations.

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Brigade Enterprises has announced the issuance of commercial papers worth ₹200.00 crores, as disclosed to the stock exchanges under Regulation 30 of SEBI's listing obligations.

Commercial Paper Details

The company has structured the commercial paper issuance with specific terms. The instrument carries a substantial face value and a discounting rate of 6.83%.

Parameter Details
Total Issue Size ₹200.00 crores
Face Value per Security ₹5.00 lakh
Discounting Rate 6.83%
Date of Maturity August 18, 2026
Tenure 242 days

Regulatory Compliance

Brigade Enterprises has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited about this commercial paper issuance. The company's scrip trades under the symbol 'BRIGADE' on NSE and carries the scrip code 532929 on BSE.

The commercial paper issuance falls under the regulatory framework of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that no additional comments or letters regarding payment obligations are applicable for this instrument.

Corporate Information

The disclosure was signed by P. Om Prakash, Company Secretary and Compliance Officer of Brigade Enterprises Limited. The company maintains its registered office at the 29th & 30th Floor, World Trade Center, Brigade Gateway Campus in Bengaluru. Additional information regarding this commercial paper issuance has been made available on the company's official website for stakeholder reference.

Historical Stock Returns for Brigade Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-2.16%-6.30%-23.64%-33.46%+260.93%
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Brigade Hotel Ventures Reports Income Tax Survey at Registered Office

1 min read     Updated on 13 Dec 2025, 10:24 PM
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Reviewed by
Ashish TScanX News Team
Overview

Brigade Hotel Ventures Limited disclosed that the Income Tax Department conducted a five-day survey under Section 133A of the Income Tax Act at its registered office in Bengaluru from December 9-13, 2025. The company provided full cooperation to authorities and confirmed that business operations continued normally without any impact during the survey period.

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Brigade Hotel Ventures Limited has disclosed to stock exchanges that the Income Tax Department conducted a survey at its registered office from December 9 to December 13, 2025. The company made the disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Survey Details and Timeline

The Income Tax Department initiated the survey under Section 133A of the Income Tax Act, 1961. The survey operations spanned five days at the company's registered office located at World Trade Center, Brigade Gateway Campus, Bengaluru.

Parameter: Details
Authority: Income Tax Department
Legal Provision: Section 133A of Income Tax Act, 1961
Start Date: December 9, 2025
End Date: December 13, 2025
Duration: 5 days
Location: Registered Office, Bengaluru

Company Response and Operations

Brigade Hotel Ventures extended its full cooperation with the authorities throughout the survey period. The company provided all necessary documents requested by the Income Tax Department officials. The hospitality company emphasized that its business operations continued as usual during the survey period and were not impacted by the proceedings.

Current Status and Regulatory Compliance

The company has made mandatory disclosures as required under SEBI regulations. The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations, read with Para A of Part A of Schedule III, and SEBI Master Circular dated November 11, 2024.

Disclosure Parameter: Status
Violation Details: Cannot be ascertained at this point
Financial Impact: Cannot be determined currently
Business Operations: Continued as usual
Authority Cooperation: Full cooperation extended

The intimation was signed by Nirupa Shankar, Managing Director, and communicated to both NSE and BSE. The company has also hosted the information on its official website at www.bhvl.in as per regulatory requirements. Brigade Hotel Ventures operates in the hotels and restaurants sector and is listed on both the National Stock Exchange and Bombay Stock Exchange.

Historical Stock Returns for Brigade Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-2.16%-6.30%-23.64%-33.46%+260.93%
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