Brigade Enterprises Initiates Postal Ballot for Bonus Share Issue and Authorised Capital Increase

Brigade Enterprises Limited has published a newspaper advertisement on May 9, 2026, notifying shareholders of a Postal Ballot process pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice, dispatched via e-mail to members on Friday, May 8, 2026, invites shareholder approval through remote e-voting for two special resolutions set out in the Postal Ballot Notice dated May 6, 2026. The advertisement was published in all editions of Business Standard (English) and Vijayavani (Kannada).

Resolutions Proposed Under Postal Ballot

The company is seeking member approval through electronic means (remote e-voting only) for the following resolutions:

Resolution No. Particulars 1 Approval for issue of bonus equity shares by capitalisation of reserves 2 Increase in Authorised Share Capital from Rs. 250,00,00,000/- (Rupees Two hundred fifty crores only) to Rs. 400,00,00,000/- (Rupees Four hundred crores only)

The detailed explanatory statement under Section 102 of the Companies Act, 2013, setting out the material facts concerning each resolution, forms part of the Notice. The Notice along with the explanatory statement is available on the company's website at www.brigadegroup.com , on the Registrar and Transfer Agent's portal at https://evoting.kfintech.com/ , and on the websites of the National Stock Exchange of India Limited and BSE Limited.

Key Dates and Voting Timeline

Shareholders should note the following important dates and procedural details related to the Postal Ballot process:

Parameter Details Postal Ballot Notice Date May 6, 2026 Dispatch of Notice to Members Friday, May 8, 2026 Cut-off Date for Eligibility Friday, May 1, 2026 Remote E-Voting Commencement Saturday, May 9, 2026 at 9.00 a.m. Remote E-Voting Closure Sunday, June 7, 2026 at 5.00 p.m. Result Announcement On or before Tuesday, June 9, 2026

Only members whose names are recorded in the register of members or in the register of beneficial owners maintained by the depositories as on the cut-off date of Friday, May 1, 2026, are entitled to avail the remote e-voting facility. Votes cast on a resolution cannot be changed subsequently, and any Postal Ballot received beyond Sunday, June 7, 2026 shall not be valid.

Process and Administration

In compliance with the Ministry of Corporate Affairs (MCA) Circulars, physical copies of the Notice, Postal Ballot Form, and pre-paid business reply envelopes have not been dispatched to members. Members are required to communicate their assent or dissent exclusively through the remote e-voting system. The company has engaged KFin Technologies Limited as the Registrar and Transfer Agent to provide the remote e-voting facility.

Members holding shares in physical form who have not registered their email IDs are requested to update their details by writing to einward.ris@kfintech.com along with a duly filled and signed Form ISR 1, accompanied by self-attested KYC supporting documents.

Scrutinizer and Result Declaration

Mr. CS Biswajit Ghosh (Membership No. FCS 8750), or in his absence Mr. CS Pramod S M (Membership No. F7834), Partners of M/s. BMP & Co., LLP, a Practicing Company Secretary firm based in Bengaluru, has been appointed as Scrutinizer to conduct the Postal Ballot through the remote e-voting process in a fair and transparent manner. The result, along with the scrutinizer's report, will be displayed at the company's Registered Office, hosted on the company's website ( www.brigadegroup.com ), intimated to the stock exchanges where the company's shares are listed, and published on KFinTech's website at https://evoting.kfintech.com/ . For queries or grievances related to e-voting, members may contact Ms. Rajitha Cholleti, Vice President, KFin Technologies Limited, Selenium Building, Tower B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad – 500 032, or call KFinTech's toll-free number 1800-309-4001, or email einward.ris@kfintech.com .

Brigade Enterprises Limited announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The results were approved at the Board meeting held on May 06, 2026, and subsequently published in "The Business Standard" and "Vijayavani" on May 07, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The publication was signed by Managing Director Pavitra Shankar. On a consolidated basis, the company reported an 11% increase in annual revenue from operations to ₹5,69,722 lakhs, compared to ₹5,07,421 lakhs in the previous year, while total income rose to ₹5,90,901 lakhs from ₹5,31,354 lakhs. Profit After Tax (PAT) attributable to owners of the holding company stood at ₹64,439 lakhs for FY26. The Board of Directors recommended a final dividend of ₹2 per equity share and a bonus issue in the ratio of 1:3, subject to shareholder approval. Statutory auditors Walker Chandiok & Co LLP issued an unmodified opinion on both consolidated and standalone financial statements.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brigade Enterprises has made available the audio recording of its Q4 FY 2025-26 conference call with investors and analysts, held on May 7, 2026. The recording has been uploaded to the company's website and can be accessed at the investor relations section under audio recordings of post-earnings quarterly calls.

Q4 FY26 Consolidated Performance

For the quarter ended March 31, 2026, Brigade reported consolidated revenue from operations of ₹1,45,760 lakhs, compared to ₹1,46,039 lakhs in the same period last year. Total income for the quarter stood at ₹1,52,311 lakhs against ₹1,53,229 lakhs in Q4 FY25. Profit before tax for the quarter was ₹24,489 lakhs versus ₹30,565 lakhs in the corresponding quarter. PAT attributable to owners of the holding company for Q4 FY26 was ₹14,549 lakhs, compared to ₹24,683 lakhs in Q4 FY25. The diluted EPS for the quarter stood at ₹5.94 versus ₹10.32 in Q4 FY25.

Metric: Q4 FY26 Q4 FY25 Revenue from Operations (₹ lakhs): 1,45,760 1,46,039 Total Income (₹ lakhs): 1,52,311 1,53,229 Profit Before Tax (₹ lakhs): 24,489 30,565 PAT – Owners (₹ lakhs): 14,549 24,683 EPS (Diluted) (₹): 5.94 10.32

Full-Year Consolidated Financial Summary

For FY26, Brigade's consolidated total income grew to ₹5,90,901 lakhs from ₹5,31,354 lakhs in FY25. Total expenses for the year stood at ₹4,99,170 lakhs versus ₹4,44,427 lakhs in the prior year. Profit before exceptional items and tax was ₹91,768 lakhs, compared to ₹86,927 lakhs in FY25. Exceptional items of ₹(1,380) lakhs (net) relate to the impact of new Labour Codes made effective from November 21, 2025. Profit before tax for FY26 was ₹90,388 lakhs against ₹86,927 lakhs in FY25. Total consolidated PAT for the year was ₹72,476 lakhs, with ₹64,439 lakhs attributable to owners of the holding company. The diluted EPS for FY26 stood at ₹26.33 versus ₹28.68 in FY25.

Metric: FY26 FY25 Revenue from Operations (₹ lakhs): 5,69,722 5,07,421 Total Income (₹ lakhs): 5,90,901 5,31,354 Profit Before Tax (₹ lakhs): 90,388 86,927 Total PAT (₹ lakhs): 72,476 68,047 PAT – Owners (₹ lakhs): 64,439 68,576 EPS – Diluted (₹): 26.33 28.68 Total Assets (₹ lakhs): 26,25,346 22,09,004 Total Equity (₹ lakhs): 7,52,402 5,91,534

Segment Performance

Brigade operates across Real Estate, Leasing, and Hospitality segments on a consolidated basis. The Real Estate segment reported FY26 segment revenue of ₹3,96,985 lakhs, up from ₹3,40,263 lakhs in FY25, with segment results of ₹56,007 lakhs. The Leasing segment posted revenue of ₹1,29,707 lakhs versus ₹1,18,057 lakhs, with segment results of ₹73,054 lakhs. The Hospitality segment recorded revenue of ₹59,561 lakhs against ₹53,877 lakhs, with segment results of ₹12,770 lakhs. Total segment assets as at March 31, 2026 stood at ₹26,25,346 lakhs, with Real Estate accounting for ₹14,32,227 lakhs, Leasing for ₹7,59,405 lakhs, and Hospitality for ₹1,20,859 lakhs.

Segment: FY26 Revenue (₹ lakhs) FY25 Revenue (₹ lakhs) FY26 Results (₹ lakhs) Real Estate: 3,96,985 3,40,263 56,007 Leasing: 1,29,707 1,18,057 73,054 Hospitality: 59,561 53,877 12,770

Corporate Actions and Postal Ballot

The Board recommended a final dividend of ₹2 per equity share (20%) of ₹10 each for FY26, payable within 30 days from the date of shareholder approval at the ensuing Annual General Meeting. A bonus issue of equity shares in the ratio of 1:3 was also approved — one bonus equity share of ₹10 each for every three equity shares held as on the record date, subject to shareholder approval. The total bonus shares proposed to be issued are 8,15,40,595 equity shares of face value ₹10 each, amounting to ₹81,54,05,950. The pre-bonus paid-up equity share capital as on May 06, 2026 is ₹244,62,17,850 consisting of 24,46,21,785 shares, while the post-bonus paid-up equity share capital shall be ₹326,16,23,800 consisting of 32,61,62,380 shares. The estimated credit date for bonus shares is on or before July 05, 2026. The Board also approved increasing the authorized share capital from ₹250 crores to ₹400 crores, subject to shareholder approval.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brigade Enterprises dispatched a Postal Ballot Notice on May 8, 2026 to seek member approval for two ordinary resolutions: the increase in authorised share capital and the bonus equity share issue by capitalisation of reserves. The notice was sent electronically to members whose email IDs were registered as on the cut-off date of Friday, May 1, 2026. The company has engaged KFin Technologies Limited as Registrar and Share Transfer Agent to provide the remote e-voting facility. CS Biswajit Ghosh (Membership No. FCS 8750) or, in his absence, CS Pramod S M (Membership No. F7834), Partners of M/s. BMP & Co., LLP, have been appointed as Scrutinizer for the postal ballot process. Results of the Postal Ballot will be announced on or before Tuesday, June 9, 2026.

The bonus issue is being undertaken to commemorate Brigade Group completing 40 years of operations on October 10, 2026, alongside its consistent growth in financial and operational performance. The capitalisation will be made from a sum not exceeding ₹81,54,05,950 out of the free reserves and/or the securities premium account of the Company.

Parameter: Details Dividend per Share: ₹2 (20%) Bonus Ratio: 1:3 Total Bonus Shares: 8,15,40,595 Pre-Bonus Paid-up Capital: ₹244,62,17,850 (24,46,21,785 shares) Post-Bonus Paid-up Capital: ₹326,16,23,800 (32,61,62,380 shares) Estimated Bonus Credit Date: On or before July 05, 2026 Authorized Capital (Post): ₹400 crores

Postal Ballot Newspaper Advertisement

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brigade Enterprises published a newspaper advertisement on May 9, 2026 regarding the Postal Ballot Notice in all editions of "Business Standard" (English) and "Vijayavani" (Kannada). The advertisement was filed with the National Stock Exchange of India Limited and BSE Limited on the same date, signed by P. Om Prakash, Company Secretary and Compliance Officer (ICSI Membership No. F5435). The public notice provided members with information on remote e-voting and other related details pertaining to the two resolutions — the bonus equity share issue by capitalisation of reserves and the increase in authorised share capital from ₹250,00,00,000 to ₹400,00,00,000.

Postal Ballot Calendar of Events

The following schedule governs the postal ballot and remote e-voting process for the two resolutions:

Event: Timeline Cut-off date for e-voting eligibility: Friday, May 1, 2026 Dispatch of Notice (electronic): Friday, May 8, 2026 Newspaper Advertisement Published: Saturday, May 9, 2026 Commencement of e-voting: Saturday, May 9, 2026 at 9:00 a.m. (IST) Closure of e-voting: Sunday, June 7, 2026 at 5:00 p.m. (IST) Declaration of Postal Ballot results: On or before Tuesday, June 9, 2026

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