Outcome of Board Meeting

Ref: BEL/NSEBSE/Reg30/17072026 July 17, 2026 Listing Department Department of Corporate Services – Listing National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Re.: Scrip Symbol: BRIGADE/Scrip Code: 532929 Dear Sir/Madam, Sub.: Outcome of Board Meeting - Regulation 30 – Cancellation of Preferential Issue of Convertible of Warrants: This is in continuation to our letter dated July 10, 2026 and July 15, 2026 and pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), for approval of issuing of upto 34,23,000 (Thirty Four Lakhs Twenty Three Thousand) Convertible Warrants (“Warrants”) convertible into 34,23,000 (Thirty Four Lakhs Twenty Three Thousand) equity shares at Rs. 526/- per share (Face Value of Rs. 10/- per equity share at a premium of Rs. 516/- per equity share) aggregating to Rs. 180,04,98,000/- (Rupees One Hundred Eighty Crores Four Lakhs Ninety Eight Thousand only) to the M/s. Mysore Holdings Private Limited, Promoter Group entity. The Promoter Group entity had shown interest in subscribing to Convertible Warrants of the Company to show confidence in the Company which the Board approved on July 15, 2026. However, the Promoter Group entity has decided to withdraw the proposed subscription of Convertible Warrants in deference to the sentiments expressed by funds and investors. The Board of Directors in its meeting held today approved the withdrawal the Preferential Issue of Convertible Warrants to the Promoter Group Entity. The meeting started at 2.00 p.m. and ended at 2.25 p.m. Kindly take the same on your records. Thanking You, For Brigade Enterprises Limited P. Om Prakash Company Secretary and Compliance Officer