Brigade Enterprises Limited has fixed Wednesday, August 5, 2026, as the record date to determine shareholder eligibility for the final dividend of ₹2 per equity share for the financial year ended March 31, 2026. The dividend, recommended by the Board on May 6, 2026, is subject to shareholder approval at the 31st Annual General Meeting scheduled for Thursday, August 13, 2026. If approved, the payout will be made on or before Monday, August 31, 2026.

The company has detailed the tax deduction at source (TDS) provisions applicable to the dividend. Resident individual shareholders are exempt from TDS if the aggregate dividend amount during the tax year does not exceed ₹10,000. Where the Permanent Account Number (PAN) is available and valid, TDS is deducted at 10%. If a shareholder submits a valid Form 121, no TDS will be deducted. In cases where PAN is not available or is invalid, TDS will be deducted at the higher rate of 20%.

Resident non-individual shareholders, such as insurance companies, mutual funds, and Alternative Investment Funds (AIFs), must submit specific self-declarations and supporting documents to claim exemption from TDS under Section 393(1) of the Income-tax Act, 2025. For non-resident shareholders, TDS is deducted at 20% plus applicable surcharge and Health and Education Cess. These shareholders may opt for benefits under the Double Tax Avoidance Treaty (DTAA) if more beneficial by furnishing a Tax Residency Certificate (TRC) and other documents.

E-voting and AGM Details

Shareholders are provided with the facility to vote electronically through remote e-voting and e-voting during the AGM. The remote e-voting period commences on Sunday, August 9, 2026, at 9:00 a.m. IST and ends on Wednesday, August 12, 2026, at 5:00 p.m. IST. The cut-off date for determining eligibility to vote by electronic means is Wednesday, August 5, 2026. Members who have cast their vote through remote e-voting prior to the AGM may attend the meeting but shall not cast their votes again.

In compliance with SEBI regulations effective from November 19, 2025, dividend payments will be made exclusively through electronic modes such as NEFT, RTGS, or NECS. Physical dividend warrants or cheques have been discontinued. Shareholders must ensure their bank details are updated and verified with their Depository Participant to receive the payout.

Brigade Enterprises has launched Brigade Misty Greens, a premium residential development in Mysuru, through a Joint Development Agreement. The project spans 4.5 acres and holds a projected revenue potential of over Rs 300 crores. This launch consolidates the company's presence in one of South India's key real estate markets.

The disclosure was made to the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by P. Om Prakash, Company Secretary & Compliance Officer.

Brigade Misty Greens will feature three and four-bedroom apartment units alongside 14 exclusive Duplex units. The project is located near the Jayachamaraja Wadiyar Golf Club and Chamundi Hills, offering views of greenery and hills. Its proximity to commercial hubs, educational institutions, healthcare facilities, and malls is intended to provide convenience to residents.

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, stated that Mysuru is an important market for the company. She noted that Brigade is the only listed player with a strong presence in the city, having developed over 26 projects across residential, commercial, and hospitality sectors.

Project Details