B-Right Realestate Limited's Board of Directors held a meeting on July 20, 2026, from 5:30 PM to 6:15 PM at the company's registered office. The board considered and approved multiple agenda items.

Key Board Approvals

  • Adopted the Directors Report for the Financial Year 2025-2026.
  • Approved the regularization of Mr. Prashant Shirsat (DIN: 05212829) as Additional (Non-Executive Non-Independent) Director, subject to shareholder approval.
  • Adopted the Secretarial Audit Report for the Financial Year 2025-2026.
  • Appointed M/s. DSM & Associates, Practicing Company Secretary, as the Secretarial Auditor of the Company based on Audit Committee recommendation.
  • Appointed M/s. DSM & Associates, Company Secretary as Scrutinizer for the 19th Annual General Meeting voting process.
  • Appointed DMS & Co., Chartered Accountant Firm (FRN: 001169C) as Internal Auditor of the Company.
  • Approved the closure of the Fixed Deposit Scheme of the Company, subject to shareholder approval.
  • Approved the notice of 19th Annual General Meeting and decided the date, time and venue of the AGM.

Employee Stock Option Scheme (ESOP 2026)

The board adopted the "BRRL Employee Stock Option Scheme 2026" covering 10,33,120 (Ten Lakh Thirty Three Thousand One Hundred and Twenty) equity shares of face value ₹10 each. The scheme is designed under SEBI (SBEB) Regulations, 2021 with the objective "where Commitment Leads to Ownership."

Key ESOP Terms:

  • Administered by Nomination and Remuneration Committee and Board
  • Minimum vesting period: 1 year, maximum: 5 years from grant date
  • Exercise period: Up to 5 years from vesting date
  • Exercise price: Not less than face value and not more than fair market value
  • Each option exercised converts to 1 equity share of ₹10 face value
  • Scheme also extends to employees of subsidiary, holding and associate companies

Performance Based Stock Unit Scheme (PSU 2026)

The board adopted the "BRRL - Performance Based Stock Unit Scheme, 2026" covering 5,16,560 (Five Lakh Sixteen Thousand Five Hundred and Sixty) equity shares of face value ₹10 each. The scheme is also designed under SEBI (SBEB) Regulations, 2021.

Key PSU Terms:

  • Administered by Nomination and Remuneration Committee and Board
  • Minimum vesting period: 1 year, maximum: 10 years from grant date
  • Exercise period: 5 years from vesting date
  • Exercise price: Not less than face value and not more than fair market value
  • Each PSU exercised converts to 1 equity share of ₹10 face value
  • Scheme extends to employees of subsidiary and associate companies

Secretarial Auditor Appointment

M/s. DSM & Associates, Company Secretaries (COP: 9394) was appointed as Secretarial Auditor. The firm's profile indicates diverse experience in Corporate Law matters and compliance advisory services. The disclosure confirms no relationships between the auditor and any Directors or KMP of the Company.

Financial Impact

Potential equity dilution of up to 15,49,680 shares (combined ESOP and PSU schemes) representing approximately [percentage not disclosed] of current share capital. Exact financial impact on earnings per share not quantified in the disclosure.