Brigade enterprises has announced the completion of Ms. Lakshmi Venkatachalam's tenure as Independent Director, marking the end of her second consecutive term on the company's board. The cessation became effective on January 31, 2026, following completion of her 5-year term as mandated by regulatory requirements.

Director Tenure Completion Details

Ms. Lakshmi Venkatachalam (DIN: 00520608) served as an Independent Director for two consecutive terms totaling 10 years. Her cessation from the board is in accordance with the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both the National Stock Exchange of India Limited and BSE Limited, ensuring full compliance with listing requirements.

The disclosure follows the format prescribed under Para A of Part A of Schedule III and SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. Company Secretary & Compliance Officer P. Om Prakash signed the regulatory filing on behalf of Brigade Enterprises Limited.

Board Recognition

The Board of Directors and Management have formally acknowledged Ms. Venkatachalam's contributions during her tenure. The company has placed on record its appreciation for the valuable contribution and guidance provided by her during her association with Brigade Enterprises.

The cessation represents a natural conclusion to the maximum permissible tenure for Independent Directors under current regulatory framework. The information has been made available on the company's official website at www.brigadegroup.com for stakeholder reference.

Brigade Enterprises Limited has announced a significant land acquisition in Secunderabad, marking another strategic expansion in its residential development portfolio. The company has signed an agreement to acquire a prime 2.25-acre land parcel through outright purchase, positioning itself for substantial growth in the Telangana market.

Strategic Land Acquisition Details

The acquisition represents a carefully planned expansion into high-growth corridors, with the land parcel selected based on Brigade's stringent standards for location potential and development viability. The company disclosed this material information under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Development Vision and Strategy

The acquired land parcel will be developed as a premium residential project featuring high-quality living spaces. According to Amar Mysore, Executive Director of Brigade Enterprises Ltd., this acquisition reinforces the company's commitment to delivering residential spaces that enhance the urban landscape of the region. The development will align with Brigade's strategic growth plans to expand its footprint across Telangana.

Project Features and Philosophy

The residential development will be executed in line with Brigade's established philosophy of creating holistic living environments. Key aspects of the planned development include:

• Premium living spaces designed for modern urban lifestyles
• Specifically curated selection of modern amenities
• High-quality construction standards consistent with Brigade's reputation
• Integration with the regional urban landscape enhancement goals

Company Background and Market Position

Established in 1986, Brigade Group brings close to four decades of expertise in property development across India. The company has built a strong reputation for creating positive experiences for stakeholders and maintaining customer trust. Brigade's development portfolio spans multiple sectors including residential, office, retail, hospitality, and education across major Indian cities including Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City.

Strategic Significance

This Secunderabad acquisition represents Brigade's continued focus on identifying and acquiring land in high-growth corridors. The project's estimated Gross Development Value of ₹650 crores demonstrates the company's confidence in the region's real estate potential and its commitment to substantial investment in quality residential development. The strategic location and development approach align with Brigade's standards for creating landmark buildings that transform urban skylines.