B-Right Realestate Limited has officially announced the appointment of Ms. Jinal Mukeshkumar Mehta as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company with effect from March 26, 2025. This decision was taken during the Board of Directors’ Meeting held on March 26, 2025, at the company’s registered office located at 702, 7th Floor, Shah Trade Centre, Rani Sati Marg, Malad East, Mumbai - 400097.

Board Meeting Details

The meeting, which commenced at 01:30 PM and concluded at 02:00 PM, took into consideration the recommendation of the Nomination & Remuneration Committee before confirming the appointment of Ms. Mehta. The company has duly complied with the disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment of Jinal Mukeshkumar Mehta as CFO

Ms. Jinal Mukeshkumar Mehta has been appointed as the Chief Financial Officer (CFO) and KMP of B-Right Realestate Limited, effective from March 26, 2025. The decision was made after careful evaluation and recommendation by the Nomination & Remuneration Committee in line with the company's internal governance policies.

Compliance with SEBI (LODR) Regulations

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has promptly informed the stock exchanges about this significant development. The appointment of the CFO was considered and approved as per the company’s policies and applicable guidelines.

Profile of Jinal Mukeshkumar Mehta

Ms. Jinal Mukeshkumar Mehta is a seasoned finance professional with extensive experience in corporate finance, financial planning, and strategic management. Her appointment is expected to bring financial expertise and strategic insight to the company’s operations.

Role and Responsibilities as CFO

As the Chief Financial Officer (CFO), Ms. Mehta will oversee:

• Financial Planning and Analysis: Developing financial strategies and ensuring alignment with the company's growth objectives.

• Regulatory Compliance: Ensuring adherence to statutory and regulatory guidelines.

• Internal Control Systems: Strengthening internal controls and financial processes.

• Investor Relations: Managing investor relations and ensuring transparent financial disclosures.

Company’s Statement on the Appointment

Commenting on the appointment, the company expressed confidence in Ms. Mehta’s ability to lead the financial strategy of B-Right Realestate Limited. Her experience and leadership skills will play a crucial role in strengthening the company’s financial position and achieving long-term growth objectives.

Regulatory and Compliance Perspective

The appointment of the CFO is in strict compliance with the provisions of the Companies Act, 2013, and the SEBI (LODR) Regulations, 2015. As per the Companies Act, 2013, the appointment of a CFO is considered a Key Managerial Position (KMP), requiring disclosure and approval by the Board.

Key Highlights of the Board Meeting

1. Approval of CFO Appointment: The Board approved the appointment of Ms. Jinal Mehta as CFO after considering the recommendation of the Nomination & Remuneration Committee.

2. Regulatory Compliance Ensured: Disclosure made in compliance with SEBI (LODR) Regulations, 2015.

3. Strategic Focus on Financial Strength: The appointment aims to bolster the company’s financial leadership and compliance framework.

Disclosure to Stock Exchanges

As required under SEBI (LODR) Regulations, 2015, the company has notified the stock exchanges—BSE Limited (Scrip Code: 543543)—regarding the appointment of the CFO.

Investor Advisory

The company advises investors and stakeholders to take note of this development and acknowledge that the appointment of the CFO is part of the company’s ongoing efforts to strengthen its financial governance framework.

Conclusion

With the appointment of Ms. Jinal Mukeshkumar Mehta as the Chief Financial Officer (CFO), B-Right Realestate Limited aims to strengthen its financial operations and enhance compliance with regulatory requirements. The decision reflects the company’s commitment to governance and transparency, ensuring that the company continues to grow while adhering to best corporate practices.

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