SECTOR
Brigade Enterprises’ arm enters into Investment Agreement with 360 ONE
Jul-03-2025

Brigade Enterprises’ wholly owned subsidiary -- Brigade Hotel Ventures (BHVL) has entered into an Investment Agreement with 360 ONE Alternates Asset Management (360 ONE) on July 2, 2025 for raising Rs 126 crore. 

BHVL proposes to issue 1.40 crores equity shares to the 360 ONE Funds for a total investment of Rs 126 crore. Post the issuance of shares to 360 ONE Funds, the company will hold 95.26% of the equity share capital of BHVL. Pursuant to the aforesaid agreement and upon allotment of shares, BHVL will cease to be a wholly owned subsidiary of the company but will continue to be a subsidiary of the company.

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.


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