AGM Details

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

Business Agenda

Ordinary Business:

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 reports of the Board of Directors and Auditors. This is pursuant to Section 134 and 137 of Companies Act, 2013 and Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

2. Re-appointment of Director: To re-appoint Mr. Sanjay Nathalal Shah (DIN: 00003142) who retires by rotation and is eligible for re-appointment as Director of the Company liable to retire by rotation.

Special Business:

1. Regularization of Additional Director: To regularize Mr. Prashant Shirsat (DIN: 05212829) as Additional (Non-Executive Non-Independent) Director. He was appointed by the Board on November 13, 2025 and holds office until this AGM.

2. Closure of Fixed Deposit Scheme: To approve discontinuation and closure of the company's Fixed Deposit Scheme effective from the AGM date. Existing deposits will continue to be serviced and repaid according to their terms until maturity. The resolution is pursuant to Sections 73, 76 of Companies Act, 2013 and Companies (Acceptance of Deposits) Rules, 2014.

3. ESOP Scheme 2026 for Company Employees: To approve "BRRL - Employee Stock Option Scheme 2026" for company employees. The scheme authorizes creation and grant of up to 10,33,120 ESOPs (each convertible to one equity share of ₹10 face value), representing approximately 10% of paid-up equity share capital on fully diluted basis.

4. ESOP Scheme 2026 for Subsidiary Employees: To approve the same ESOP 2026 scheme for employees of subsidiary, holding and associate companies.

5. PSU Scheme 2026 for Company Employees: To approve "BRRL - Performance Based Stock Unit Scheme, 2026" for company employees. The scheme authorizes grant of up to 5,16,560 PSUs (each corresponding to one equity share of ₹10 face value), representing 5% of paid-up equity share capital on fully diluted basis.

6. PSU Scheme 2026 for Subsidiary Employees: To approve the same PSU 2026 scheme for employees of subsidiary and associate companies.

Capital Structure Impact

The combined ESOP and PSU schemes could potentially result in issuance of up to 1,549,680 new equity shares (10,33,120 ESOPs + 5,16,560 PSUs), representing approximately 15% dilution of the current paid-up equity share capital on a fully diluted basis. Shares issued will rank pari passu with existing equity shares.

Voting Arrangements

The company has appointed August 7, 2026 as the cut-off date for determining members eligible to vote. Remote e-voting will be available from August 11, 2026 at 10:00 AM to August 13, 2026 at 05:00 PM through:

  • CDSL/NSDL e-Voting system for individual demat shareholders
  • PURVA e-Voting system for physical shareholders and non-individual demat shareholders

DSM & Associates, Practicing Company Secretaries (C.O.P No.: 09394) has been appointed as Scrutinizer for the voting process.

Additional Information

The Annual Report for FY 2025-26 is available on the company's website https://b-rightgroup.com. The company's registered office is at 702, 7th Floor, Shah Trade Centre, Rani Sati Marg, Malad (East), Mumbai - 400097.

Key Personnel

Bhagyashree Mehadia, Company Secretary & Compliance Officer (ACS: 77087) signed the corrigendum and notice.