ESOP/ESOS/ESPS

Ref: BEL/NSE/BSE/18062026 June 18, 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, Subject: Committee of Directors Meeting Outcome: a) Allotment of Bonus Equity Shares b) Adjustment in the no. of Options under the Brigade Employee Stock Option Plan 2017 to give effect to the bonus issue by issue of additional options and revising the price of the options c) Adjustment in the no. of Options under the ‘Brigade Employee Stock Option Plan’ to give effect to the bonus issue by issue of additional options and revising the price of the options This is in continuation to our letter dated May 2, 2026 and May 6, 2026 and the approval provided by the members of the Company through postal ballot on June 7, 2026, We would like to inform that the Committee of Directors (the “Committee”) at its meeting held today i.e. June 18, 2026 has inter- alia considered and approved the allotment of 8,15,40,595 equity shares at Rs.10/- each as fully paid up bonus equity shares, in the ratio of 1:3 i.e. 1 (one) bonus equity share for every 3 (three) equity shares held, to eligible members whose names appear in the Register of Members / List of Beneficial Owners as on June 17, 2026 being the Record Date fixed for this purpose. The paid-up equity share capital of the Company has increased from Rs. 244,62,17,850/- to Rs. 326,16,23,800/- due to the aforesaid allotment. The aforesaid bonus equity shares allotted shall rank pari-passu in all respects with the existing fully paid-up equity shares of the Company. 51620 bonus equity shares forming part of the aforesaid allotment representing fractional entitlement(s) of eligible members has been consolidated and allotted in the name of an Independent Professional Company by the Committee of Directors. These shares shall be sold by that Company as soon as possible and the net sale proceeds shall be distributed after defraying relevant expenses of the sale, applicable taxes, if any, to the eligible members of the Company in proportion to their fractional entitlement. Adjustment in the no. of Options & price under the Brigade Employee Stock Option Plan 2017 to give effect to the bonus issue by issue of additional options and revising the price of the Options The Committee of Directors have further approved the issue of 10,527 additional options and revised the issue price of Options to Rs. 125 in accordance with the bonus issue ratio. This is in accordance with the Brigade Employee Stock Option Plan, 2017 and the approval provided by the members. No of Issue price of No. of Issue price of Option Total Options Issued Options Options pre- Options to be revision for bonus after bonus issue issued pre bonus issued post issue adjustment bonus bonus (D= B*3/4) (E=A+C) (A) (B) (C) 23,63,619 Rs. 166.67 per 10,527 Rs. 125 23,74,146 Option (Cum- bonus) Adjustment in the no. of Options under the ‘Brigade Employee Stock Option Plan’ to give effect to the bonus issue by issue of additional options and revising the price of the options The Committee of Directors have further approved the issue of 2,03,496 additional options and revised the issue price of Options to Rs. 296.25 in accordance with the bonus issue ratio. This is in accordance with the ‘Brigade Employee Stock Option Plan’ and the approval provided by the Members. No of Issue price of No. of Issue price of Option Total Options Issued Options Options pre- Options to be revision for bonus after bonus issue issued pre bonus issued post issue adjustment bonus bonus (D= B*3/4) (E=A+C) (A) (B) (C) 14,32,966 Rs. 395 per 2,03,496 Rs. 296.25 16,36,462 Option (Cum- bonus) The disclosure relating to Stock Options issued is contained in Annexure 1. The meeting started at 9.00 a.m. and concluded at 9.30 a.m. Kindly take the above on your records. Thanking you, Yours faithfully, For Brigade Enterprises Limited P. Om Prakash Company Secretary & Compliance Officer Annexure 1 Information as required under Regulation 30 – Para B of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are as follows: S. No. Particulars Brigade Employee Stock Option Plan Brigade Employee Stock Option Plan 2017 1. Brief details of Grant of 10,527 stock options to eligible Grant of 2,03,496 stock options to eligible options granted employees of the Company and its employees of the Company and its subsidiaries for adjustment towards subsidiaries for adjustment towards bonus issue of equity shares to bonus issue of equity shares to members members 2 Whether the scheme Yes Yes is in accordance with Securities and Exchange Board of India (Share Based Esmployee Benefits) 2014 3. Total number of 10,527 equity shares (Each option is 2,03,496 equity shares (Each option is equity shares covered convertible to 1 equity share of Rs. convertible to 1 equity share of Rs. 10/- by these options 10/- each) each) 4. Exercise price Rs. 125/- per equity share on exercise Rs. 296.25/- per equity share on exercise of options based on the adjustment of of options based on the adjustment of the bonus issue ratio for equity shares the bonus issue ratio for equity shares 5. Options vested / These stock options shall vest in These stock options shall vest in vesting schedule accordance with the original vesting accordance with the original vesting schedule provided at the time of grant schedule provided at the time of grant of earlier stock options under Brigade of earlier stock options under ‘Brigade Stock Option Plan 2017. Employee Stock Option Plan’. 6. Time period within Five years from the date of vesting Five years from the date of vesting which may be exercised 7. options exercised Not Applicable Not Applicable 8. money realized by Not Applicable Not Applicable exercise of options 9. the total number of Not Applicable Not Applicable shares arising as a result of exercise of option 10. options lapsed Not Applicable Not Applicable 11. variation of terms of Not Applicable Not Applicable options 12. Brief details of The options granted are governed by The options granted are governed by the significant terms the Brigade ESOP 2017 which was ‘Brigade Employee Stock Option Plan’ submitted to the stock exchanges at the which was submitted to the stock time of obtaining the in-principle exchanges at the time of obtaining the approval from the stock exchanges and in-principle approval from the stock the special resolution passed by the exchanges and the special resolution shareholders in the twenty second passed by the shareholders of the annual general meeting held on C o m p a n y t h r o u g h postal ballot on May September 21, 2017 4, 2022 13. subsequent changes Not Applicable Not Applicable or cancellation or exercise of such options 14. diluted earnings per Not Applicable Not Applicable share pursuant to issue of equity shares on exercise of options