B-Right Realestate Limited's board adopted the financial reports for the year ended March 31, 2026, and approved new employee compensation schemes to align with SEBI regulations. The meeting, held on July 20, 2026, saw the approval of the Directors Report and Secretarial Audit Report for FY26. Additionally, the board sanctioned the 'BRRL – Employee Stock Option Scheme 2026' and the 'BRRL - Performance Based Stock Unit Scheme, 2026', aimed at eligible employees across the company and its subsidiaries.

Governance and Auditor Appointments

The board approved the appointment of M/s. DSM & Associates as the Secretarial Auditor and DMS & Co. as the Internal Auditor. M/s. DSM & Associates was also appointed as the scrutinizer for the voting process at the upcoming 19th Annual General Meeting. The directors further moved to regularize the appointment of Additional Director Mr. Prashant Shirsat, subject to member approval.

Employee Compensation Schemes

The board adopted two primary compensation schemes. The 'BRRL – Employee Stock Option Scheme 2026' covers 10,33,120 shares, while the 'BRRL - Performance Based Stock Unit Scheme, 2026' covers 5,16,560 shares. Both schemes are subject to the approval of shareholders and are designed in compliance with SEBI (SBEB) Regulations, 2021. The schemes include provisions for vesting periods ranging from one to five years for ESOPs and up to ten years for PSUs.

Key Resolutions

The board also approved the closure of the company's Fixed Deposit Scheme, pending member approval. The notice for the 19th Annual General Meeting was approved, with the date, time, and venue to be decided subsequently.

B-Right Real Estate Limited 's step-down subsidiary, B-Right RMBD Developers LLP, has entered into a Memorandum of Understanding for the development of Viswas Niwas 8 and Viswas Niwas 9 in Parel. The project, bearing CS No.187/74 and CS No.186/74, targets a Gross Development Value (GDV) of Rs 179 Crores, marking a significant expansion in the company's development pipeline. The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details

The site is located in Village Parel and spans a land area of 1,081.95 Sq. Mtr., with an expected total sales area of 45,760 Sq. Ft. The following table outlines the key metrics for the proposed development:

The agreement involves B-Right RMBD Developers LLP acting as the executing entity for this project under the broader B-Right Real Estate group structure.