BRIGADE ENTERPRISES LTD.

Brigade Enterprises Ltd has announced that its Board of Directors will convene on July 15, 2026. The primary agenda item for this meeting is to consider and approve a proposal for raising funds through the issuance of securities. This announcement is made in compliance with Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific method and amount of fund raising are yet to be disclosed, but the board's consideration indicates a strategic move towards capital infusion for future growth or operational needs.

Brigade Enterprises Ltd announced that Mr. Saroj Kumar Pati, President - Construction, has resigned from his position due to family obligations. His resignation has been accepted by the management and he will be relieved from his duties effective July 10, 2026. The company has provided details as required by SEBI regulations regarding this senior management change. The resignation letter and relevant disclosures are available on the company's website.

Brigade Enterprises Ltd has announced the closure of its trading window for designated persons and their immediate relatives. The window will be shut from Wednesday, July 1, 2026, until 48 hours after the declaration of the financial results for the first quarter ending June 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. is strongly objecting to the revocation of the Environmental Clearance (EC) for its residential project 'Brigade Morgan Heights' in Chennai. The company deems the revocation by the State Level Environment Impact Assessment Authority (SEIAA) as legally unsustainable, factually incorrect, and arbitrary. Brigade asserts that the project is on private patta lands, not wetlands, and highlights that no objections were raised during public notices or a recent Public Interest Litigation (PIL) dismissed by the Madras High Court. The company was not given prior notice or a hearing before the revocation, which has impacted substantial investments and ongoing construction. Brigade is appealing the order and exploring legal remedies, noting this issue could affect other projects and landowners in South Chennai.

Brigade Enterprises Ltd has approved the allotment of 8,15,40,595 bonus equity shares in a 1:3 ratio, increasing its paid-up capital to Rs. 326,16,23,800. The company also adjusted its Employee Stock Option Plans (ESOPs) to account for the bonus issue, issuing additional options and revising exercise prices. For the Brigade Employee Stock Option Plan 2017, 10,527 additional options were issued with a revised price of Rs. 125. For the 'Brigade Employee Stock Option Plan', 2,03,496 additional options were issued with a revised price of Rs. 296.25. Fractional shares were consolidated and will be sold, with proceeds distributed to eligible members.

Brigade Enterprises Ltd has announced that its shareholders approved a bonus equity share issue with a 1:3 ratio. The record date for determining eligible shareholders is set for Wednesday, June 17, 2026. This means for every three shares held, one bonus share will be issued. The deemed date of allotment is June 18, 2026, with trading expected to commence shortly thereafter. This corporate action aims to reward existing shareholders and potentially increase the company's equity base.

Brigade Group has entered into a Joint Development Agreement (JDA) for a premium residential project in Kompally, Hyderabad. The 5.6-acre project has an estimated revenue potential of ₹850 crores. This development marks Brigade's continued expansion in Hyderabad, with plans to deploy around ₹5000 Cr across various sectors in the next 3-4 years.

Brigade Group has entered into a Joint Development Agreement (JDA) for a premium residential project in Kompally, Hyderabad. The project, spread across 5.6 acres, has an estimated revenue potential of ₹850 crores. This development marks Brigade's continued expansion in Hyderabad, with plans to deploy around ₹5000 crores across various sectors in the next 3-4 years.

Brigade Enterprises' BuzzWorks has strategically entered Mysuru with the launch of Brigade Vantage, offering 500+ seats within a 1.3 lakh sq. ft. commercial campus. This move marks BuzzWorks' expansion into Tier-2 cities, targeting demand from GCCs and startups. The company plans further expansion in Bengaluru and Chennai, aiming to double its portfolio this fiscal year. BuzzWorks is focused on providing institutional-grade managed workspaces to enable corporates to expand into emerging hubs.

Brigade Enterprises Ltd's board approved audited financial results for Q4 and year ended March 31, 2026, and recommended a final dividend of ₹2 per equity share (20%). The board also approved a bonus issue of 1:3 and an increase in authorized share capital from ₹250 Cr to ₹400 Cr, subject to shareholder approval via postal ballot. The trading window is closed from April 1, 2026, and will open on May 9, 2026.