B Right Realestate Limited (BSE: 543543) has announced changes to its board of directors, marking a shift in the company's leadership structure. The real estate firm has disclosed these developments in compliance with SEBI listing regulations, demonstrating its commitment to corporate transparency.

Key Developments

Director Resignation

• Mr. Anirudh Salla (DIN: 10044437) has stepped down from his role as Non-Executive Director.
• The resignation took effect from the close of business hours on November 5, 2025.
• Mr. Salla cited personal and unavoidable circumstances as the reason for his departure.

Upcoming Board Meeting

• The company has scheduled a board meeting for November 13, 2025, at 4:30 P.M.
• The meeting will be held at the company's registered office in Mumbai.

Agenda for the Upcoming Board Meeting

The board is set to discuss and decide on several important matters:

1. Review and approval of un-audited financial results (both standalone and consolidated) for the half-year ending September 30, 2025.
2. Consideration of Mr. Prashant Shirsat's appointment as an Additional (Non-Executive Non-Independent) Director.
3. Formal consideration of Mr. Anirudh Salla's resignation.

Compliance and Transparency

B Right Realestate Limited has promptly informed BSE Limited about these board changes, adhering to the regulations set by the Securities and Exchange Board of India (SEBI). This timely disclosure aligns with the company's obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's proactive approach in communicating these changes demonstrates its commitment to maintaining good corporate governance practices and keeping shareholders informed about significant developments.

B Right Realestate Limited has announced a significant development in Mumbai's real estate sector, with its step-down subsidiary, B-Right RMBD Realtors Private Limited, entering into a crucial agreement to revive a long-stalled housing project.

Project Details

The subsidiary has signed a development agreement with United Commercial Bank Employees Co-Operative Housing Society Limited to redevelop a housing project in Andheri West. This project, originally launched in 2015, had been at a standstill for over a decade, affecting 33 families who were living in unsafe conditions and facing mounting rental costs.

Key Aspects of the Agreement

Resolution and Impact

B-Right RMBD Realtors has successfully negotiated settlements with previous developers, investors, and existing members to restart the redevelopment project. This move is expected to provide long-awaited relief to the society members and contribute to the enhancement of urban housing infrastructure in Andheri West.

Regulatory Compliance

The company disclosed this development to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure, dated November 4, 2025, follows an earlier related disclosure made on March 6, 2025.

Significance of the Project

This redevelopment initiative carries substantial social impact. It not only resolves a stalled housing project but also aims to revive community confidence in the area. By addressing the needs of families who have been waiting for over a decade, B-Right Realestate, through its subsidiary, is taking a step towards fulfilling its corporate social responsibility while potentially creating value for its stakeholders.

The revival of this project underscores the challenges faced in urban redevelopment and highlights the role that real estate companies can play in resolving long-standing housing issues in metropolitan areas like Mumbai.