Brigade Enterprises Limited , a leading property developer in India, has announced strong financial results for the second quarter of fiscal year 2026 (Q2 FY26) and successfully concluded a postal ballot for key corporate governance matters.

Financial Performance Highlights

The company reported robust financial performance with significant growth across key metrics:

Segment-wise Performance

Real Estate Segment

The real estate segment continued as the primary revenue driver with exceptional performance:

Leasing and Hospitality

Both segments demonstrated strong growth momentum:

Corporate Governance Update

Brigade Enterprises successfully completed a postal ballot process on December 11, 2025, regarding the appointment of Mr. Debashis Chatterjee as an Independent Director. The voting results demonstrated strong shareholder confidence:

Mr. Chatterjee brings over three decades of experience in driving multi-billion-dollar transformations and strategic growth initiatives across Fortune 500 clients and global enterprises.

Management Outlook

Pavitra Shankar, Managing Director, expressed optimism stating, "We are entering the second half of the fiscal year with strong tailwinds. We have a robust business development and launch pipeline across our key markets, as well as healthy leasing activity and growth in the hospitality business."

The company maintains a robust pipeline of approximately 11 million square feet planned for launch in the next four quarters across Bengaluru, Chennai, Hyderabad, and Mysuru, positioning it well for continued growth in India's expanding property sector.

Brigade Enterprises Limited has successfully concluded its postal ballot process with overwhelming shareholder approval for the appointment of Mr. Debashis Chatterjee as an Independent Director. The company announced the results on December 11, 2025, following the completion of the remote e-voting process.

Postal Ballot Results

The voting results demonstrate strong shareholder confidence in the proposed appointment:

Voting Process Timeline

The postal ballot was conducted strictly according to the scheduled timeline:

Director Appointment Details

With the successful passage of the special resolution, Mr. Debashis Chatterjee's appointment is now confirmed:

Professional Background

Mr. Chatterjee brings extensive experience to Brigade Enterprises' board, having recently served as CEO and Managing Director of LTIMindtree. His three decades of experience include driving multi-billion-dollar transformations across Fortune 500 clients and playing a key role in the LTI-Mindtree merger in November 2022.

Regulatory Compliance

The postal ballot was conducted under the supervision of CS Biswajit Ghosh, Partner of BMP Co. LLP, who served as the scrutinizer. The process adhered to Section 110 of the Companies Act, 2013, and SEBI Listing Regulations. The voting was facilitated through KFin Technologies Limited's remote e-voting platform, ensuring transparency and accessibility for all eligible shareholders.

The results have been communicated to BSE Limited and National Stock Exchange of India Limited, and will be displayed on the company's notice board and website at www.brigadegroup.com .