Brigade Enterprises Issues ₹200 Cr Commercial Paper

Brigade Enterprises Limited has announced the issuance of Commercial Paper (CP) worth ₹200 Crores. The instrument has a tenure of 360 days, with an allotment date of September 29, 2026, and a maturity date of September 24, 2027. The CP is listed on BSE Limited and carries a discounting rate of 7.48%. It is issued in favour of Kotak Mahindra Bank Limited and has received an ICRA A1+ credit rating. No specific charge or security has been created over the assets for this issuance.