Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1

BrilliA Expands into Southeast Asian Specialty
Retail with Acquisition of Majority Interest in Malaysian Lingerie Brand Neubodi
Acquisition establishes a branded B2C retail
platform and advances BrilliA’s strategy to build a multi-brand intimate apparel portfolio
SINGAPORE, October 5, 2026 -- BrilliA Incorporated
(NYSE American: BRIA) (“BrilliA” or the “Company”), a one-stop service and solution provider for ladies’ intimate
apparel brands worldwide, today announced that it has acquired a majority equity interest in Neubodi Holdings Sdn. Bhd. (“Neubodi”),
an established Malaysian lingerie brand and specialty retailer, effective August 1, 2026. The acquisition marks BrilliA’s strategic
expansion into branded specialty retail in Southeast Asia and broadens the Company’s business beyond its existing B2B supply and
design operations.
Founded in 2008, Neubodi is known for its proprietary
holistic bra fitting approach and broad size range of 72 bra sizes, spanning cup sizes A to I and band sizes 65 to 100. The company operates
11 retail stores across the Klang Valley, Penang and Johor, including locations in major retail destinations such as Mid Valley Megamall,
1 Utama, Sunway Pyramid, and IOI City Mall, alongside e-commerce and social media channels.
Through its combination of specialist fitting
expertise, physical retail locations and digital consumer engagement, Neubodi provides BrilliA with an established platform for serving
end consumers directly and developing its branded retail capabilities.
Tan See See, co-founder of Neubodi with more than
15 years of experience in the intimate apparel industry, will continue to serve as Chief Executive Officer of Neubodi. Ooi Kit Joyce will
also continue as part of the senior management team.
Strategic Rationale
“Neubodi represents an important milestone
in BrilliA’s evolution from a B2B intimate apparel supply and design provider into a more diversified business with a growing presence
in branded consumer retail,” said Kendrew Hartanto, Chief Executive Officer of BrilliA. “Neubodi has built a differentiated
position in the Malaysian lingerie market through its specialist fitting expertise, established retail network and direct relationships
with consumers. We believe these capabilities provide a strong foundation for BrilliA to expand its branded retail platform in Southeast
Asia.”
“By combining Neubodi’s retail and
consumer capabilities with BrilliA’s global sourcing, design and supply chain expertise, we see opportunities to support the brand’s
continued growth, improve operating leverage and develop additional distribution opportunities for our intimate apparel portfolio. We
are excited to welcome the Neubodi team to BrilliA and look forward to building on the brand’s strong foundation.”
The Company expects the acquisition to complement
its existing operations and support the development of a broader intimate apparel platform. The acquisition advances BrilliA’s strategy
in several areas:
| ● | Expansion into branded B2C retail: establishes
a direct consumer-facing platform and expands BrilliA’s presence beyond its traditional B2B supply and design model. |
| ● | Specialty retail capabilities: adds an
established retail operating platform, including physical stores, e-commerce and social-commerce channels. |
| ● | Potential value chain benefits: creates
opportunities to leverage BrilliA’s existing sourcing, design and supply chain capabilities. |
| ● | Portfolio distribution opportunities:
provides an additional potential channel for BrilliA’s intimate apparel portfolio, including DIANA, through Neubodi’s retail network. |
Neubodi Financial Outlook
Based on Neubodi management’s budget for
the financial year ending December 31, 2026, Neubodi is targeting net sales of approximately US$3 million, with an expected net profit
margin of approximately 10% to 12%. The timing and extent of any financial or operational benefits will depend on market conditions, execution
and the Company’s ability to integrate and grow the business. These targets represent management expectations and are not guarantees
of future results.
Market Opportunity
According to market research published by IMARC
Group, the Malaysia lingerie market was valued at approximately US$287 million in 2025 and is projected to reach over US$500 million by
2034, representing a compound annual growth rate (CAGR) of approximately 6.3% from 2026 to 2034. This market outlook provides context
for Neubodi’s existing specialty retail platform and BrilliA’s expansion into branded consumer retail in Malaysia.
About BrilliA
BrilliA is a comprehensive one-stop service and
solution provider for over 30 ladies’ intimate apparel brands worldwide, managing sourcing, design, prototyping, supply chain, logistics,
and quality control. The Company works with major international companies, including Fruit of the Loom, HanesBrands Inc., Jockey and H&M.
Forward-Looking Statements
This press release contains forward-looking statements
within the meaning of U.S. federal securities laws. These statements include, but are not limited to, statements regarding BrilliA’s
business strategy, the anticipated benefits of the acquisition, integration of Neubodi, expansion of BrilliA’s branded retail platform,
potential distribution opportunities, market opportunities, Neubodi’s expected financial performance and financial outlook, and
the possible exercise and completion of the option to acquire the remaining equity interest in Neubodi. Forward-looking statements are
subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including risks
relating to the integration and operation of Neubodi, consumer demand, competition, market conditions, supply chain disruptions, execution
of the Company’s growth strategy, and other factors described in the Company’s filings with the U.S. Securities and Exchange
Commission (SEC). BrilliA undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the
date of this press release, except as required by applicable law. BrilliA does not guarantee future results and undertakes no obligation
to update these statements, except as required by law. Investors are encouraged to review BrilliA’s filings with the U.S. Securities
and Exchange Commission (SEC) for additional risk factors.
Investor Contact
FNK IR
Matt Chesler, CFA
(+1) 646 809 2189
bria@fnkir.com
Source: BrilliA Incorporated