BSECompany Update13 Aug 2026 · 13 Aug 2026, 03:23 pm

Execution of Memorandum of Understanding for development of Project.

B-Right Realestate Ltd · 543543

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B-Right Realestate Ltd's step-down subsidiary, B-Right Bombay Highlines Developers Private Limited, has entered into a Memorandum of Understanding for the development of a residential project in Mumbai, with a land area of 10,008 Sq. Mtr. and expected total sales area of 5 Lakh Sq. Ft. and Gross Development Value of Rs. 1600 Crores.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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B-Right Realestate Ltd - 543543 - New Project Acquisition

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B-RIGHT REALESTATE LIMITED CIN: L70100MH2007PLC282631 August 13, 2026 The Manager, Department of Corporate Services, BSE Limited P. J. Towers, Dalal Street, Mumbai – 400001. Scrip Code-543543 Sub.: Disclosures under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “SEBI Listing Regulations”). Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to hereby inform the exchange that B-Right Bombay Highlines Developers Private Limited, the step-down subsidiary of the Company, has entered into a Memorandum of Understanding for development of Bhagat Singh Nagar (SRA project) bearing CS No. 1A/58 and CTS No. 1(A)(Part) situated at Village Pahadi, Taluka Borivali. The site, with a land area of 10,008 Sq. Mtr., is expected to yield approximately Total Sales area of 5 Lakh Sq. Ft., with an expected Gross Development Value (GDV) of Rs. 1600 Crores. You are requested to take the same on your record. Thanking you, Yours faithfully, For B-Right Realestate Limited Bhagyashree Mehadia Company Secretary & Compliance Officer ACS: 77087 Place: Mumbai