Brigade Hotel Ventures Limited has disclosed to stock exchanges that the Income Tax Department conducted a survey at its registered office from December 9 to December 13, 2025. The company made the disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Survey Details and Timeline

The Income Tax Department initiated the survey under Section 133A of the Income Tax Act, 1961. The survey operations spanned five days at the company's registered office located at World Trade Center, Brigade Gateway Campus, Bengaluru.

Company Response and Operations

Brigade Hotel Ventures extended its full cooperation with the authorities throughout the survey period. The company provided all necessary documents requested by the Income Tax Department officials. The hospitality company emphasized that its business operations continued as usual during the survey period and were not impacted by the proceedings.

Current Status and Regulatory Compliance

The company has made mandatory disclosures as required under SEBI regulations. The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations, read with Para A of Part A of Schedule III, and SEBI Master Circular dated November 11, 2024.

The intimation was signed by Nirupa Shankar, Managing Director, and communicated to both NSE and BSE. The company has also hosted the information on its official website at www.bhvl.in as per regulatory requirements. Brigade Hotel Ventures operates in the hotels and restaurants sector and is listed on both the National Stock Exchange and Bombay Stock Exchange.

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.