B-Right RealEstate Limited has notified the BSE Limited of a book closure period for its 19th Annual General Meeting (AGM). The Register of Members and Share Transfer Books will remain closed from Friday, August 7, 2026 to Thursday, August 13, 2026, both days inclusive. Shareholders must be registered as members during this window to exercise voting rights at the upcoming meeting.

The intimation was issued in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the closure adheres to Section 91 of the Companies Act, 2013, which governs the maintenance of the register of members and share transfer books.

The 19th AGM is scheduled to take place on Friday, August 14, 2026. The book closure ensures that only shareholders holding units as of the closing date are entitled to participate in the general meeting proceedings.

Key Dates for Shareholders

The notice was signed by CS Bhagyashree Mehadia, Company Secretary & Compliance Officer of B-Right RealEstate Limited, on July 23, 2026. The communication was directed to the Listing Department of BSE Limited, located at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Investors looking to participate in the AGM should ensure their holdings are reflected in the company's records prior to the start of the closure period. Any share transfers initiated after the closure begins will not be processed until the books reopen, potentially affecting voting eligibility for this specific meeting.

B-Right Realestate Limited reported a consolidated net profit of ₹35.1 crore for the fiscal year ended March 31, 2026 (FY26), marking a 1,977% year-on-year increase from ₹1.7 crore in FY25. The surge was driven by a 62% rise in consolidated revenue to ₹169.9 crore, supported by robust pre-sales of ₹286.4 crore and the addition of eight new projects with a combined Gross Development Value (GDV) of ₹1,055 crore. Shareholders will vote on these results and key strategic resolutions at the 19th Annual General Meeting (AGM) on August 14, 2026.

The Board has proposed two new employee incentive frameworks: the “BRRL – Employee Stock Option Scheme 2026” (ESOP 2026) and the “BRRL – Performance Based Stock Unit Scheme 2026” (PSU 2026). These schemes replace the existing non-operational ESOP plan to align employee interests with long-term value creation. Additionally, shareholders will vote to discontinue the company’s Fixed Deposit Scheme effective from the date of the AGM, while existing deposits will continue to be serviced until maturity. The meeting will also regularize Mr. Prashant Shirsat as a Director following his appointment as an Additional Director in November 2025.

Financial Performance and Operational Highlights

B-Right Realestate demonstrated strong operational momentum in FY26, with adjusted EBITDA margins reaching 36.6%. The company sold 624 units, covering approximately 3.94 lakh sq. ft., reflecting strong customer trust. Consolidated EBITDA grew by 366% to ₹67.8 crore, while standalone total income stood at ₹419.5 lakh compared to ₹77.3 lakh in the previous year. The company retained all profits for future growth, with no dividend declared for the year.

Employee Compensation Schemes

The proposed ESOP 2026 authorizes the grant of up to 1,033,120 options to eligible employees, vesting between one and five years. Shares issued upon exercise are freely transferable. In contrast, the PSU 2026 allows for up to 516,560 performance-based stock units, vesting between one and ten years, with allotted shares subject to a lock-in period of up to five years. Both schemes are administered directly by the Nomination and Remuneration Committee without the use of a trust.

Corporate Governance and AGM Details

Mr. Sanjay Nathalal Shah, Chairman and Managing Director, retires by rotation and offers himself for re-appointment. He attended all six Board meetings during FY26. The remote e-voting window for the AGM opens on August 11, 2026, at 10:00 a.m. and closes on August 13, 2026, at 5:00 p.m. Shareholders holding securities as of August 7, 2026, are eligible to vote. DSM & Associates has been appointed as the scrutinizer for the voting process.

What the Numbers Show

The dramatic expansion in profitability, with net profit growing nearly 20 times faster than revenue, indicates significant operational leverage and improved cost efficiency. The high pre-sales figure of ₹286.4 crore relative to recognized revenue suggests a strong future revenue pipeline, reducing execution risk for upcoming projects. The shift away from fixed deposit funding toward internal accruals and project-linked financing reflects a maturing capital structure aligned with its expanding development portfolio.