B-Right Realestate Limited has announced the issuance of a corporate guarantee worth Rs 45 crore to secure a construction finance loan facility for its step-down subsidiary. The disclosure was made on March 25, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Guarantee Details

The guarantee has been issued to support Siddhivinayak Developers Kurar, a step-down subsidiary of B-Right Realestate Limited, in securing construction finance from Capri Global Capital Limited. The facility details are structured as follows:

Regulatory Compliance and Disclosure

The announcement was made in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January 30, 2026. Company Secretary and Compliance Officer Bhagyashree Mehadia (ACS: 77087) signed the disclosure document, ensuring full regulatory compliance.

Transaction Independence

B-Right Realestate Limited has clarified that promoters, promoter groups, and group companies have no interest in this transaction. This confirms the arm's length nature of the guarantee arrangement and maintains transparency in corporate governance practices.

Impact Assessment

According to the company's disclosure, the guarantee is provided on behalf of a step-down subsidiary that forms part of the consolidated group. The company has stated that there is no immediate impact on the listed entity from this guarantee, other than the mandatory disclosure requirements in financial statements. This suggests the guarantee represents a routine business transaction within the group structure to support subsidiary operations.

B Right Realestate Limited has announced the incorporation of a wholly owned subsidiary, Brightsky Luxespace Private Limited, on 16th March, 2026. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Details and Capital Structure

Brightsky Luxespace Private Limited has been incorporated with CIN U68100MH2026PTC469450 and registered office in Mumbai. The subsidiary's capital structure reflects a focused approach to real estate development:

Business Objectives and Industry Focus

The newly incorporated subsidiary will operate in the real estate and developers industry, with primary objectives centered on development of real estate projects. As a newly incorporated entity, Brightsky Luxespace is yet to commence business operations and currently has no turnover or operational history.

Transaction Structure and Regulatory Compliance

The acquisition involved 100% subscription to equity share capital through cash consideration of Rs. 1.00 lakh. The company clarified that this initial subscription does not fall within the purview of Related Party Transactions, and promoters or promoter group companies have no additional interest in this transaction beyond the standard subsidiary relationship.

Regulatory Approvals and Timeline

The incorporation required no additional governmental or regulatory approvals beyond standard company registration procedures. The subsidiary received its Certificate of Incorporation on 16th March, 2026, from the Registrar of Companies, completing the establishment process.

The disclosure was signed by Bhagyashree Mehadia, Company Secretary & Compliance Officer, ensuring compliance with SEBI listing regulations and maintaining transparency with stakeholders regarding this corporate restructuring initiative.