Brigade Enterprises Limited — Capital/Financing Update 2021

May 18, 2021

Ref: BEL/NSEBSE/BMD/18052021 18th May, 2021

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

Listing Department Department of Corporate Services – Listing

Re.: Scrip Symbol: BRIGADE/Scrip Code: 532929

Dear Sir/Madam,

Sub.: Board Meeting Decisions

This is in continuation to our letter dated 6th May, 2021 and 11th May, 2021 and pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a Meeting of the Board of Directors of the Company was held as scheduled today i.e., 18th May, 2021 and the Board interalia took the following decisions:

• (i) Approved the audited consolidated financial results for the fourth quarter and year ended 31st March, 2021 along with the Audit Report of the Statutory Auditors of the Company.
• (ii) Approved the audited standalone financial results for the fourth quarter and year ended 31st March, 2021 along with the Audit Report of the Statutory Auditors of the Company.

The financial results are enclosed pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

• (i) Recommended a final dividend of Rs. 1.20/- per equity share (12%) of Rs.10 each which is subject to approval of Shareholders in the ensuing Annual General Meeting of the Company. The dividend will be paid within 30 days from the date of Shareholders approval in the ensuing Annual General Meeting of the Company.
• (ii) Pursuant to Regulation 33(3) (d) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, we hereby declare that the Audit Reports issued by the M/s S.R. Batliboi & Associates LLP, (Firm Registration No. 101049W/E300004) Statutory Auditors of the Company on the audited standalone & consolidated financial statements of the Company for the financial year ended 31st March, 2021 are with unmodified opinion (i.e. unqualified opinion).
• (iii) Approved the reconstitution of the following Committees of the Board of Directors with effect from 19th May, 2021 and the reconstitution is pursuant to the applicable provisions of the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

a) Audit Committee:

S.	Name of the Member	Designationin	Category
No.		the Committee
1.	Mr. Pradeep Kumar Panja	Chairman	Independent Director
2.	Mr. Aroon Raman	Member	Independent Director
3.	Mr. Bijou Kurien	Member	Independent Director
4.	Dr. Venkatesh Panchapagesan	Member	Independent Director
5.	Ms. Pavitra Shankar	Member	Executive Director

b) Risk Management Committee

S.No.	Name of the Member	Designationinthe Committee	Category
1.	Mr. M. R. Jaishankar	Chairman	Chairman & ManagingDirector
2.	Mr. Roshin Mathew	Member	Executive Director
3.	Mr. Amar Mysore	Member	Executive Director
4.	Mr. Bijou Kurien	Member	Independent Director
5.	Mr. Pradeep Kumar Panja	Member	Independent Director
6.	Ms. Lakshmi Venkatachalam	Member	Independent Director

c) CSR Committee

S.No.	Name of the Member	Designationinthe Committee	Category
1.	Mr. M. R. Jaishankar	Chairman	Chairman & ManagingDirector
2.	Mr. Aroon Raman	Member	Independent Director
3.	Ms. Lakshmi Venkatachalam	Member	Independent Director
4.	Ms. Nirupa Shankar	Member	Executive Director

The meeting started at 11.00 a.m. and ended at 4.40 p.m.

We are also enclosing herewith:

• Investor Presentation titled "Investor Presentation Q4 FY 21"
• Press Release titled "Brigade Records Highest Ever Quarterly Sales of 1.66 mn. sft with a total value of Rs. 1,018 crores in Q4 FY21. FY 21 sales at 4.60 mn. sft with a total value of 2,767 crores; an increase of 16%"

The trading window of the Company was closed from 1st April, 2021 and shall open on 21st May, 2021.

The above information is also hosted on the website of the Company at www.brigadegroup.com

Kindly take the same on your records.

Thanking you,

Yours faithfully,

For Brigade Enterprises Limited

P. Om Prakash Company Secretary & Compliance Officer

Encl.: a/a

OM PRAKASH PALANIM UTHU

Digitally signed by OM PRAKASH PALANIMUTHU DN: c=IN, o=Personal, postalCode=560075, st=Karnataka, serialNumber=d9722869e1df22 a2205650954e5aa841555f1534 c9a02109b4d4019791ea2c50, cn=OM PRAKASH PALANIMUTHU Date: 2021.05.18 16:49:38 +05'30'