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Brigade Enterprises' board has approved raising up to Rs. 1500 Cr through the issuance of Non-Convertible Debentures (NCDs) via private placement. These debentures may be listed on stock exchanges, with final decisions on listing, tenure, and interest rates to be determined later by the Board/Committee. The specific use of these funds for capex, debt repayment, or expansion was not detailed in the announcement. This move aims to strengthen the company's financial position for future growth initiatives.