Brigade Enterprises Limited has been assigned an Environmental, Social, and Governance (ESG) rating by SES ESG Research Private Limited for the financial year 2024-25. The company disclosed this development to stock exchanges on March 30, 2026, in compliance with SEBI listing regulations.

ESG Rating Details

SES ESG Research Private Limited, a SEBI-registered ESG rating provider under category II, has independently assigned Brigade Enterprises the following ESG assessment:

The rating agency is a wholly owned subsidiary of Stakeholders Empowerment Services and conducted this evaluation without any direct engagement from Brigade Enterprises.

Independent Assessment Process

The ESG rating was determined independently by SES ESG Research based on publicly available information and disclosures made by the company. Brigade Enterprises clarified that it did not engage SES ESG for this rating process, emphasizing the independent nature of the assessment.

The rating methodology relied entirely on:

• Public disclosures made by the company
• Publicly available data and information
• Transparent reporting practices

Regulatory Compliance and Disclosure

The intimation was made pursuant to Regulation 30 of SEBI Listing Regulations, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Brigade Enterprises received email intimation from BSE Limited on March 30, 2026, at 12:03 A.M., informing about the ESG disclosure submission by SES ESG Research.

The complete rating report has been published by SES ESG and is available through their official channels. Brigade Enterprises has also hosted this information on its corporate website for stakeholder access and transparency.

Corporate Governance Framework

The ESG rating reflects Brigade Enterprises' commitment to environmental, social, and governance practices within its operations. The Medium risk and footprint categorization indicates the company's current positioning in sustainability metrics as assessed by the independent rating agency.

This development aligns with increasing regulatory focus on ESG disclosures and the growing importance of sustainability metrics in corporate evaluation frameworks.

Brigade Enterprises has officially announced the launch of Brigade Lumina through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The net-zero carbon residential development in Northwest Bengaluru has an estimated revenue potential of over ₹700 crores.

Official Project Launch Details

The company filed the announcement on March 26, 2026, informing stock exchanges about the joint development project spread across 4.11 acres on Tumkur Main Road. The development offers spacious two and three-bedroom units ranging from 1100 to 1800 square feet.

Strategic Location and Metro Connectivity

Brigade Lumina is strategically positioned just five minutes' walk from Manjunathanagara Metro Station on Namma Metro's operational Green Line. This location provides residents with connectivity to major office hubs, reputed schools, healthcare facilities, and popular retail landmarks across Bengaluru.

Sustainability and Design Features

As a net-zero carbon development, Brigade Lumina incorporates renewable energy integration, carefully selected materials, advanced water management systems, and zero-waste systems. Each home features large decks designed to offer panoramic views and ample natural light, making the project climate-resilient for long-term sustainability.

Premium Amenities and Facilities

The development includes a grand clubhouse spanning over 15,000 square feet with premium amenities designed for all age groups. The project offers comprehensive recreational and fitness facilities to create a seamless urban lifestyle experience.

Management Commentary

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, emphasized Northwest Bengaluru as a key focus area for the company. The executive highlighted the project's metro connectivity as a major selling point and noted an undersupply of premium developments in this corridor. The management positioned Brigade Lumina to address evolving homebuyer expectations while maintaining climate resilience through sustainable construction practices.