Brigade Hotel Ventures secures INR 1.26bn investment

Brigade Enterprises announced today that its wholly-owned subsidiary, Brigade Hotel Ventures Limited (BHVL), has entered into an investment agreement with investors to raise INR 1.26 billion. Under the terms of the agreement, BHVL will issue 14,000,000 equity shares priced at INR 90 per share to investors nominated by 360 ONE Alternates Asset Management Limited, known as "360 ONE Funds."