BRIGADE ENTERPRISES LTD.

Brigade Enterprises Ltd has announced that its Board of Directors will convene on October 29, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. The company has also scheduled an investor conference call for October 30, 2026, at 2:30 PM IST, to discuss its financial and operational performance. The trading window for designated persons will be closed from October 1, 2026, to October 31, 2026, in compliance with insider trading regulations.

Brigade Enterprises Ltd. has announced the closure of its trading window from October 1, 2026, to October 31, 2026. This closure is in compliance with SEBI regulations and is in effect for Designated Persons and their immediate relatives. The purpose of this window closure is to facilitate the upcoming Board of Directors meeting scheduled for October 29, 2026. During this meeting, the Board will consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. The company has also scheduled a conference call for October 30, 2026, to discuss the financial and operational performance for the same period.

Brigade Group is hosting its 19th flagship property expo, Brigade Showcase, on October 10-11, 2026, in Bengaluru, coinciding with its 40th anniversary. The expo features exclusive offers on premium homes with benefits up to ₹12 Lakhs and a 40% waiver on other charges for select projects. Homebuyers can explore over 15 residential projects across 4 cities, with prices ranging from ₹97 Lakhs to ₹25 Cr, alongside new project launches and commercial real estate opportunities. This event aims to capitalize on rising housing demand and the festive season, offering a comprehensive platform for buyers to find suitable homes and investments.

Brigade Enterprises Ltd. has released a press release presentation commemorating its 40th anniversary, highlighting its significant growth since its inception in 1986. The company has expanded its scale and capabilities over four decades, delivering over 110 million sq.ft. of projects across various cities in South India, including Bengaluru, Chennai, Hyderabad, and Kochi. Brigade Enterprises has a robust pipeline with 33 million sq.ft. of ongoing projects and 16 million sq.ft. of upcoming launches. The presentation also showcases the company's pioneering achievements, such as developing Bengaluru's tallest building by a private developer until 2002 and the city's first centrally air-conditioned shopping complex. It also notes their position among the top 10 developers in India by market capitalization and their role in developing eight World Trade Centers in South India.

Brigade Enterprises is celebrating its 40th anniversary and has announced an ambitious growth strategy for the next three years, involving an investment of approximately ₹40,000 Crores. This investment will fuel a development pipeline of 40 million sq. ft. across residential, commercial, retail, hospitality, and emerging businesses like warehousing. The company plans to expand its World Trade Centre (WTC) platform with three new centers and extend its Orion brand to Chennai and Hyderabad. Funding will come from internal accruals, project financing, and strategic partnerships. Brigade is also focusing on technology adoption and sustainability, aiming for Net Zero emissions by 2045. The planned developments are expected to create around 23,000 direct and indirect employment opportunities.

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.

Brigade Enterprises Ltd has announced the closure of its trading window for designated persons and their immediate relatives. The window will be shut from October 1, 2026, until 48 hours after the declaration of the financial results for the second quarter and half-year ending September 30, 2026. The specific date for the board meeting to approve these results will be communicated later. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

Brigade Enterprises Ltd has acquired 100% of the equity shares in M/s. Celebrations Development Company Private Limited (formerly BCV Real Estates Private Limited), a step-down subsidiary. This acquisition, completed on September 25, 2026, makes Celebrations Development a wholly-owned subsidiary of Brigade Enterprises. The transaction was for a cash consideration of Rs. 10,00,000/-. Celebrations Development Company Private Limited is involved in the Real Estate Development Business and was incorporated on May 04, 2022. Its authorized and paid-up share capital is Rs. 10,00,000/- with a reported turnover of NIL as of March 31, 2026, as it is in the process of becoming operational. The acquisition is intended to facilitate real estate development projects for Brigade Enterprises and is considered a related party transaction on an arm's length basis.

Brigade Enterprises Ltd has received a show cause notice (SCN) under section 73(1) of the Central/Karnataka Goods and Services Tax Act, 2017. The SCN alleges arbitrary tax proposals on revenue differences between financial statements and GST returns, including notional incomes. It also cites alleged excess availment of Input Tax Credit (ITC) and alleged short reversal of ITC attributable to exempted turnovers. The company asserts that the SCN has no merits and will make necessary submissions to the GST authorities within the stipulated timelines. Brigade Enterprises expects no financial, operational, or other impact from this SCN, and notes that the notice was served in violation of natural justice principles.

Brigade Enterprises Ltd has been assigned an Environmental, Social, and Governance (ESG) rating of 68 by Niche Ninety Nine Capability and Certifications (OPC) Private Limited (Niche99 ESG Ratings). Niche99 ESG Ratings is a SEBI-registered ESG rating provider. The rating was determined independently by Niche99 ESG Ratings based on publicly available disclosures and data from Brigade Enterprises, and the company did not engage Niche99 for this assessment. The rating is now available on the Niche99 ESG Ratings website and has also been hosted on Brigade Enterprises' official website.