Brigade Enterprises Board Introduces 'Brigade Employee Stock Option Plan 2026' with 60 Lakh Options

Brigade Board Approves New Employee Stock Option Plan

On July 15, 2026, Brigade Enterprises' board approved the 'Brigade ESOP 2026' with 6,000,000 options. The plan will aim to attract and retain key talent by offering incentives to employees across the company and its subsidiaries.

Shareholders to Vote at 31st AGM

Brigade Enterprises has announced several key proposals for its upcoming Annual General Meeting (AGM) on August 13, 2026. The ESOP plan will be placed before shareholders alongside other capital-raising measures and governance decisions.

Capital Raising and Financial Proposals

The board cleared a ₹1,500 crore Non-Convertible Debenture (NCD) fundraise on a private placement basis. Shareholders will vote on increasing the company's borrowing power to ₹10,000 crore from its current total borrowing of ₹3,007 crore as of March 31, 2026. The enhanced borrowing limit is intended to fund expansion plans and develop its land bank, which stands at 57 million square feet.

Dividend and AGM Agenda

The Board recommended a final dividend of ₹2.00 per share for FY 2025-2026. The agenda also includes the rotational reappointment of directors Pradyumna Krishna Kumar and Pavitra Shankar, reinforcing board continuity and adherence to governance norms.

Financial Performance Context

For the year ended March 31, 2026, revenue from operations grew to ₹5,69,722 lakhs from ₹5,07,421 lakhs, while profit for the year stood at ₹72,476 lakhs, up from ₹68,047 lakhs. Brigade Enterprises is one of South India's largest listed real estate developers, with projects spanning residential, commercial, retail and hospitality segments.