Meeting Details

Date: Thursday, August 13, 2026

Time: 11:00 A.M. to 12:32 P.M.

Location: Sheraton Grand Hotel, 26/1, Dr. Rajkumar Road, Malleswaram, Rajajinagar, Bangalore – 560055, Karnataka, India

Type of Meeting: Annual General Meeting

Attendance

Directors Present:

  • Mr. M. R. Jaishankar, Executive Chairman (conducted proceedings)
  • Ms. Nirupa Shankar, Joint Managing Director
  • Mr. Amar Mysore, Executive Director
  • Mr. Pradyumna Krishna Kumar, Executive Director
  • Mr. Roshin Mathew, Executive Director
  • Mr. Pradeep Kumar Panja, Independent Director and Chairman of the Stakeholders Relationship Committee
  • Dr. Venkatesh Panchapagesan, Independent Director and Chairman of the Audit Committee
  • Mr. V V Ranganathan, Independent Director and Chairman of the Nomination & Remuneration Committee
  • Mr. Abraham George Stephanos, Independent Director
  • Ms. Padmaja Chunduru, Independent Director
  • Mr. Debashis Chatterjee, Independent Director

Key Managerial Personnel in Attendance:

  • Mr. P. Om Prakash, Company Secretary & Compliance Officer
  • Mr. Yogesh Patel, Chief Financial Officer

Invitees:

  • Mr. Manish Agrawal, Partner, M/s. Walker Chandiok & Co LLP (Statutory Auditors)
  • Mr. Surendra Patel, Director, M/s. Walker Chandiok & Co LLP (Statutory Auditors)
  • Mr. Biswajit Ghosh, Partner, BMP & Co. LLP (Secretarial Auditor and Scrutinizer)
  • Mr. Shankar Ram, Representing M/s. Murthy & Co. LLP (Cost Auditors)

Members Present: A total of 254 members were present in person or through proxy.

Summary of Proceedings and Resolutions

The Chairman confirmed the meeting had a requisite quorum. The Integrated Annual Report for FY 2025-26, including the notice and unqualified Statutory Auditors' Report, was taken as read. The Secretarial Audit Report had no qualifications and was also taken as read.

The following resolutions were proposed and voted upon:

Ordinary Business:

1. Adoption of Financial Statements: Adoption of Standalone and Consolidated financial statements for the year ended March 31, 2026, along with reports of the Board of Directors and Auditors.

2. Declaration of Final Dividend: Declaration of a final dividend of ₹2.00 per equity share (20%) for the financial year 2025-26.

3. Re-appointment of Director: Re-appointment of Mr. Pradyumna Krishna Kumar (DIN: 07870840) as a Director liable to retire by rotation.

4. Re-appointment of Director: Re-appointment of Ms. Pavitra Shankar (DIN: 08133119) as a Director liable to retire by rotation.

Special Business:

5. Enhancing Borrowing Powers: Resolution to enhance the borrowing powers of the board and authorize it under Section 180(1)(c) of the Companies Act, 2013.

6. Creation of Charge/Lien: Approval for the creation of a charge/lien over the company's assets under Section 180(1)(a) of the Companies Act, 2013.

7. Issuance of NCDs: Approval for the issuance of Non-Convertible Debentures (NCDs) on a private placement basis for up to ₹1,500 Crores.

8. ESOP Plan 2026: Approval of the 'Brigade Employee Stock Option Plan 2026' and grant of Employee Stock Options to the company's employees.

9. ESOP for Subsidiaries: Approval to grant stock options to employees of the company's subsidiaries, associate companies, and Joint Ventures under the 'Brigade Employee Stock Option Plan 2026'.

10. Ratification of Remuneration: Ratification of remuneration payable to M/s. Murthy & Co. LLP, Cost Accountants, for the financial year 2025-26.

Voting Process

Methods Used: Remote e-voting and Instapoll (a tablet-based voting system).

Remote E-Voting Period: Sunday, August 09, 2026 (9:00 A.M. IST) to Wednesday, August 12, 2026 (5:00 P.M. IST).

Cut-off Date for Eligibility: Wednesday, August 05, 2026.

Scrutinizer: Mr. Biswajit Ghosh (Membership No. FCS 8750), Designated Partner of BMP & Co. LLP, was appointed to scrutinize the e-voting process.

Result Announcement: The Chairman authorized the Company Secretary to announce the consolidated e-voting results along with the Scrutinizer's Report within two working days of the conclusion of the AGM. The specific voting outcomes (total votes, percentages, category-wise breakdown) were not provided in this proceeding and are to be disclosed separately.

Compliance Statement

The proceedings confirm that the meeting was conducted in compliance with the applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory registers and certificates relating to ESOP plans were available for inspection during the meeting.