B-Right Realestate Limited will seek shareholder approval to discontinue its Fixed Deposit Scheme and adopt new employee stock option plans at its 19th Annual General Meeting scheduled for August 14, 2026. The meeting, to be held at the Westin Grand Ballroom in Mumbai, will also address the re-appointment of a director and the regularization of an additional director. The Board has recommended the closure of the Fixed Deposit Scheme effective from the date of the AGM, stating that existing deposits will continue to be serviced and repaid in accordance with applicable regulations until maturity.

Special Business Agenda

The special business includes the approval of the BRRL Employee Stock Option Scheme 2026 (ESOP 2026) and the BRRL Performance Based Stock Unit Scheme 2026 (PSU 2026). The ESOP 2026 proposes to grant up to 10,33,120 options to eligible employees of the company and its subsidiaries, while the PSU 2026 proposes to grant up to 5,16,560 stock units. Both schemes are designed to attract and retain talent by offering participation in the company's long-term growth. The Board has also recommended the regularization of Mr. Prashant Shirsat, who was appointed as an Additional Director in November 2025, as a Director of the company.

Ordinary Business and Director Appointments

Under ordinary business, shareholders will consider the adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2026. Mr. Sanjay Nathalal Shah, who retires by rotation at this meeting, is eligible and has offered himself for re-appointment. The company has set July 17, 2026, as the record date to determine shareholder eligibility for voting at the AGM.

Key Scheme Details

The proposed compensation schemes include specific vesting periods and lock-in conditions. The ESOP 2026 options will vest after a minimum period of one year and not later than five years from the date of grant. The PSU 2026 units will vest after a minimum of one year and not later than ten years. Shares issued upon the exercise of ESOPs will be freely transferable, whereas shares allotted under the PSU scheme will be subject to a lock-in period of up to five years.

B-Right Realestate Limited began FY27 with robust operational momentum, reporting a 128% year-on-year surge in pre-sales to ₹180.94 crore for the quarter ended June 30, 2026. The real estate developer also recorded a significant 151% jump in collections, which stood at ₹43.13 crore compared to the corresponding period in the previous year. This performance underscores the company's ability to convert sales into healthy cash flows and maintain disciplined execution across its project portfolio.

The strong operational metrics were driven by sustained customer demand and efficient inventory monetization. B-Right Realestate Limited noted that the growth reflects its strategic focus on timely project delivery and successful monetization of its assets. The company, while required to disclose financial results on a half-yearly basis, voluntarily shared these quarterly operational figures to uphold high standards of corporate governance and transparency.

Operational Highlights – Q1 FY27

Strong Pre-Sales Growth

Pre-sales for Q1 FY27 reached ₹180.94 crore, a substantial increase from ₹79.37 crore in Q1 FY26. This 128% growth demonstrates continued customer confidence in the company's redevelopment and urban transformation projects. The management attributed this success to its focus on timely execution and sustainable long-term growth strategies.

Significant Improvement in Collections

Collections improved to ₹43.13 crore in Q1 FY27 from ₹17.16 crore in Q1 FY26, marking a 151% year-on-year rise. The company highlighted that this increase indicates healthy cash flow conversion, supported by improved realization efficiency and disciplined receivables management.

Operational Performance Snapshot

Commenting on the results, the management stated that the performance reflects the continued confidence of customers and the successful execution of its growth strategy. They emphasized their commitment to timely project delivery, expanding the redevelopment portfolio, and creating sustainable long-term value for stakeholders.