Brigade Board okays promoter warrants, 1500cr NCDs, Rs 2 dividend

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BRIGADE · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹561.20

prior close

₹571.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%-1.2% vs market

Residential Commercial Projects peers, median of 66sector-0.6%-0.5% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 0.5 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

-2.0

15m

-2.3

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.1-1.2-0.6-0.5

Next day

+0.9-0.5+1.4-1.3+2.1

+0.1-0.4+0.6-1.1+1.2

+1.3+0.0+1.3-1.1+2.4

-3.2-1.3-1.9-1.7-1.5

-5.6-2.5-3.1-2.8-2.9

-2.8-1.5-1.3-2.3-0.5

15d

+2.6+1.4+1.2-2.7+5.3

+5.5+1.2+4.3-0.9+6.4

+11.8-1.3+13.1-9.3+21.2

+2.5-2.5+5.0-9.1+11.5

UpDownMarket · Nifty Smallcap 250Sector · Residential Commercial Projects peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved: (1) 34.23 lakh convertible warrants to promoter group entity Mysore Holdings at Rs 526 each, totalling Rs 180.05 crores (about 1% dilution). (2) NCDs up to Rs 1500 crores via private placement. (3) New ESOP 2026 plan for employees. (4) Final dividend of Rs 2 per share; record date August 5, 2026. (5) 31st AGM on August 13, 2026 in Bangalore.

Likely market impact

Promoter warrant issue causes mild dilution for existing holders. Rs 1500 cr NCD raise signals borrowing for growth. Dividend of Rs 2 per share is modest.