Meeting Details

The 19th Annual General Meeting is scheduled to be held on Friday, August 14, 2026 at 04:00 P.M. at Westin Grand Ballroom, International Business Park, Oberoi Garden City, Goregaon (East), Mumbai - 400063 India.

Ordinary Business Agenda

1. Adoption of Financial Statements

To consider and adopt the Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026 together with the reports of the Board of Directors and Auditors thereon. This is proposed as an Ordinary Resolution under Sections 134 and 137 of Companies Act, 2013 and Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Re-appointment of Director

To re-appoint Mr. Sanjay Nathalal Shah (DIN: 00003142) who retires by rotation as Director of the Company. This is proposed as an Ordinary Resolution under Section 152(6) of Companies Act, 2013.

Special Business Agenda

1. Regularization of Additional Director

To regularize Additional (Non-Executive Non-Independent) Director Mr. Prashant Shirsat (DIN: 05212829) as director of the company. Mr. Shirsat was appointed as Additional Director by the Board with effect from November 13, 2025 and holds office up to the date of this AGM. Proposed as Ordinary Resolution under Sections 152, 161 of Companies Act, 2013.

2. Closure of Fixed Deposit Scheme

To consider and approve the closure of the Fixed Deposit Scheme of the Company with effect from the date of the AGM. The company will cease to invite, accept or renew deposits from the effective date. Existing deposits will continue to be serviced and repaid according to their terms until maturity. Proposed as Ordinary Resolution under Sections 73, 76 of Companies Act, 2013 and Companies (Acceptance of Deposits) Rules, 2014.

3. ESOP 2026 Scheme for Company Employees

To approve and adopt "BRRL - Employee Stock Option Scheme 2026" for employees of the Company. The scheme authorizes grant of up to 10,33,120 (Ten Lakh Thirty-Three Thousand One Hundred and Twenty) ESOPs, each exercisable for one equity share of face value ₹10. Proposed as Special Resolution under Section 62(1)(b) of Companies Act, 2013 and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

4. ESOP 2026 Scheme for Subsidiary Employees

To approve and adopt the same ESOP 2026 scheme for employees of subsidiary, holding and associate companies of the Company. Proposed as Special Resolution.

5. PSU 2026 Scheme for Company Employees

To approve and adopt "BRRL - Performance Based Stock Unit Scheme, 2026" for grant of Performance-Based Stock Units to eligible employees of the Company. The scheme authorizes grant of up to 5,16,560 (Five Lakh Sixteen Thousand Five Hundred and Sixty) PSUs, corresponding to 5,16,560 equity shares of face value ₹10 each, representing 5% of paid-up equity share capital on fully diluted basis. Proposed as Special Resolution.

6. PSU 2026 Scheme for Subsidiary Employees

To approve and adopt the same PSU 2026 scheme for employees of subsidiary and associate companies. Proposed as Special Resolution.

Key Scheme Details

ESOP 2026 Scheme Features:

  • Maximum grants: 10,33,120 options exercisable into equivalent number of shares
  • Exercise price: Not less than face value and not more than fair market value
  • Vesting period: Minimum 1 year, maximum 5 years from grant date
  • Exercise period: Not more than 5 years from vesting date
  • Eligible employees: Permanent employees (excluding promoters, promoter group, and directors holding more than 10% shares)
  • Administration: By Nomination and Remuneration Committee
  • Shares issued will rank pari passu with existing shares
  • No lock-in period for shares issued upon exercise

PSU 2026 Scheme Features:

  • Maximum grants: 5,16,560 PSUs corresponding to equivalent number of shares
  • Represents 5% of paid-up equity share capital on fully diluted basis
  • Vesting period: Minimum 1 year, maximum 10 years from grant date
  • Exercise period: 5 years from vesting date
  • Lock-in period: Up to 5 years for shares allotted upon exercise
  • Eligible employees: Senior management and executive directors initially
  • Administration: By Nomination and Remuneration Committee

Additional Information

  • Cut-off date for determining eligible voters: July 17, 2026
  • DSM & Associates, Practicing Company Secretaries appointed as Scrutinizer
  • Voting will be conducted through poll at the meeting
  • The notice and annual report are available on company website: https://b-rightgroup.com/

Director Information

Mr. Sanjay Nathalal Shah:

  • Age: 47 years, Chartered Accountant and Commerce postgraduate
  • Expertise: Real estate, finance, taxation, and audit
  • First appointment: November 30, 2021
  • Shareholding: 16 equity shares as of March 31, 2026
  • Attended all 6 board meetings in FY 2025-26

Mr. Prashant Shirsat:

  • Age: 47 years
  • Expertise: Branding, marketing, media planning, and public relations
  • First appointment: November 13, 2025
  • Shareholding: Nil as of March 31, 2026
  • Attended 1 board meeting post appointment in FY 2025-26