Disclosure under Regulation 30 of SEBI LODR Regulations, 2015

Purpose and Nature of Disclosure: This disclosure pertains to the proceedings and results of a postal ballot conducted by remote e-voting for shareholder approval of material related party transactions with Brigade Enterprises Limited, the holding company and promoter.

Meeting Details: The voting was conducted through postal ballot by remote e-voting process without a physical meeting. The remote e-voting period commenced from 9:00 AM IST on Saturday, May 23, 2026, and ended at 5:00 PM IST on Sunday, June 21, 2026. The results were declared on Monday, June 22, 2026.

Proposed Resolution and Implications: The company sought approval for one ordinary resolution regarding material related party transactions with Brigade Enterprises Limited for an aggregate value of up to ₹290 crore. These transactions are to be entered during the period commencing from the date of passing the resolution until the expiry of twelve months thereafter. The resolution authorizes the Board of Directors to enter into contracts/arrangements/transactions on arm's length terms and in the ordinary course of business.

Voting Process and Methods: The company used remote e-voting facility provided by KFin Technologies Limited. The postal ballot notice was sent only through electronic mode to shareholders whose email addresses were registered with the company/depositories/RTA as of the cut-off date Friday, May 15, 2026. The notice was also available on the company's website (www.bhvl.in), stock exchange websites (BSE and NSE), and KFin Technologies' e-voting platform.

Key Voting Outcomes:

  • Total votes cast: 353,592,543 equity shares of ₹10 each
  • Number of ballots: 453 total (423 in favor, 30 against)
  • Votes in favor: 64,851,257 shares (89.8705% of votes polled)
  • Votes against: 7,309,503 shares (10.1295% of votes polled)

Scrutinizer's Role and Findings: The Board of Directors appointed CS Ravishankar S (Membership No. FCS 6888, CP No. 6584) of M/s. ASR & Co., a practicing company secretary firm in Bengaluru, as the scrutinizer to conduct the postal ballot process in a fair and transparent manner. CS Sarvotham P (Membership No. FCS 11844, CP No. 18276) was appointed as alternate scrutinizer. After scrutiny of votes, CS Ravishankar S submitted his report to Ms. Akanksha Bijawat, Company Secretary & Compliance Officer.

Compliance with Laws and Regulations: The process was conducted in compliance with Section 108 and 110 of the Companies Act, 2013, Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, multiple MCA General Circulars (14/2020, 17/2020, 20/2020, 22/2020, 33/2020, 39/2020, 10/2021, 20/2021, 3/2022, 11/2022, 9/2023, 9/2024, 3/2025), Regulation 44 of SEBI LODR Regulations, 2015, and Secretarial Standard on General Meetings (SS-2).

Signatories: The disclosure is signed by Akanksha Bijawat, Company Secretary & Compliance Officer of Brigade Hotel Ventures Limited, with digital signature timestamped June 22, 2026, at 17:33:07 +05'30'.

Additional Information: The company's scrip code is 544457 and symbol is BRIGHOTEL. The postal ballot notice was originally issued on Tuesday, April 28, 2026, following Board approval at its meeting held on the same date.