Brigade enterprises ' managed office space vertical BuzzWorks has announced a strategic partnership with Born Good to integrate plant-based cleaning solutions across its managed workspaces. The collaboration, announced on January 8, 2026, focuses on enhancing toxin-free and ESG-focused facility management as sustainability and employee wellness become critical factors for corporate decision-making.

Partnership Details and Strategic Focus

The partnership brings together BuzzWorks' expertise in managed office spaces with Born Good's specialization in high-performance, plant-based cleaning solutions. This collaboration addresses the growing demand from global corporations for sustainable workplace solutions that prioritize both environmental responsibility and employee health.

Leadership Perspectives on Sustainability

Siddharth Verma, Business Head of BuzzWorks India, emphasized that sustainability represents a core operational principle rather than a standalone initiative. The partnership enables the integration of safer, high-performance, and ESG-aligned cleaning solutions into workspaces, reinforcing the company's commitment to long-term wellbeing for both people and the environment.

Mohit Belani, Founder & CEO of Born Good, highlighted the company's mission to prove that high-performance cleaning does not require harsh chemicals. The collaboration aims to establish new standards for clean, safe, and comfortable workspaces across BuzzWorks' managed office portfolio.

Born Good's Product Innovation and Certifications

Born Good specializes in creating professional-grade cleaning products that deliver powerful results without relying on harsh, toxic chemicals commonly found in conventional industrial cleaners. The company's formulations address health concerns associated with traditional cleaning products, which often contain ingredients linked to respiratory issues and skin irritation.

Comprehensive Facility Management Integration

Through this collaboration, BuzzWorks is implementing a comprehensive facility management approach that encompasses multiple service areas. The partnership covers surface care, specialty maintenance, and wellness solutions, demonstrating the company's commitment to holistic workspace management that aligns with global ESG standards.

The initiative highlights how everyday operational choices contribute to reducing the overall carbon footprint of corporate campuses. This approach positions BuzzWorks as a forward-thinking managed office provider that recognizes the importance of sustainable practices in modern workplace management.

About BuzzWorks and Market Position

Brigade Group launched BuzzWorks in 2019 as its entry into the flexible office space segment. The brand offers managed, customizable workspaces through two primary formats: Built-to-Suit solutions for enterprises with specific design and operational requirements, and Ready-to-Occupy offices for businesses seeking immediately functional spaces.

BuzzWorks primarily serves large enterprises and growth-focused companies, positioning managed offices as enablers of productivity, culture, and scale in today's dynamic business environment. The brand focuses on experience, flexibility, and scalability while curating events, activations, and collaborative touchpoints that foster meaningful connections and professional exchanges among members.

Brigade Enterprises has raised ₹200 crores through commercial papers to meet its short-term funding requirements. The real estate developer disclosed this issuance to stock exchanges on December 19, 2025, in compliance with SEBI regulations.

Key Highlights of the Issuance

The commercial papers were allotted on December 18, 2025, with a 90-day maturity period ending on March 18, 2026. The instruments carry a face value of ₹100 per security and a discounting rate of 6.83%. The commercial papers have been assigned an A1+ credit rating, reflecting the company's strong creditworthiness and minimal credit risk. The issuance has been identified with ISIN INE791I14012 for tracking purposes.

The entire issue of ₹200 crores has been subscribed by Kotak Mahindra Bank Limited, demonstrating strong institutional confidence in Brigade's financial health. The instruments are unsecured in nature, meaning no assets have been pledged as collateral, which is typical for highly-rated issuers with strong credit profiles.

Understanding Commercial Papers

Commercial papers are short-term debt instruments that companies use to manage working capital needs. Brigade's issuance at 6.83% represents a cost-effective borrowing option compared to traditional bank loans. The A1+ rating—the highest for short-term debt—indicates the highest degree of safety regarding timely payment of financial obligations and strong repayment capability.

With a 90-day tenor, this issuance aligns with typical working capital cycles in the real estate sector, providing the company with flexibility without long-term debt commitments. The payment of principal is scheduled at the end of maturity on March 18, 2026, allowing Brigade Enterprises to effectively manage its cash flows over the next quarter.

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Brigade Enterprises trades under the symbol 'BRIGADE' on the National Stock Exchange of India and carries scrip code 532929 on BSE Limited. The commercial papers will not be listed on any stock exchange, which is standard practice for such short-term debt instruments.

P. Om Prakash, Company Secretary and Compliance Officer of Brigade Enterprises Limited, authorized the disclosure. The company has confirmed that there are no special rights, interests, or privileges attached to the instrument, and no delays or defaults in payment are applicable. Complete details about the issuance are available on the company's website at www.brigadegroup.com .

Financial Implications

This fundraise allows Brigade Enterprises to optimize its capital structure while maintaining adequate liquidity for operational requirements. The competitive discounting rate of 6.83% reflects the company's strong market standing and ability to access funds at favorable terms. The unsecured nature of the issuance, combined with the A1+ rating, underscores the market's confidence in the company's financial stability and operational performance in the real estate sector.