Adani Enterprises Ltd. — Capital/Financing Update 2021

Dec 20, 2021

20th December, 2021

BSE Limited

P J Towers, Dalal Street, Mumbai - 400001 National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Sandra (E), Mumbai - 400051

Scrip Code: 512599

Scrip Code: ADANIENT

Dear Sir,

Sub: Receipt of Letter of Awards (LoAs) from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) to Adani Enterprises Ltd (AEL) for three Greenfield Ganga Expressway Projects - Group II, Ill and IV from Badaun to Prayagraj in the state of Uttar Pradesh on DBFOT (Toll) basis.

Ref: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Adani Enterprises Limited (AEL) is focused on incubating successful businesses to address the Country's growing appetite for Infrastructure. With reference to our vision of Nation building, we remain committed to building Infrastructure to boost India's socio-economic growth.

Adani Enterprises Ltd (AEL) participated in the competitive bidding process invited by UPEIDA for development. financing 8- construction of Ganga Expressway on PPP basis. Adani Group is pleased to announce the award of Three Greenfield Ganga Expressway Projects under DBFOT (Toll) basis of 594 kms from UPEIDA in the state of Uttar Pradesh. The Proposed Greenfield Ganga Expressway will be India's Longest Expressway under PPP framework.which will connect Meerut with Prayagraj in the state of Uttar Pradesh.

Key highlights are as under:

DetaHs of Group-II, Ill & IV	Combined Estimated Cost ~s PifQPEIDA for Group~II, Ill e-.1v (lnlNRCr.)	LE!ngth (In Km)· for . roup-11, lll&IV	Construction and Concession Period
Development of Access Controlled Six Lane (Expandable to Eight Lane) Greenfield Ganga Expressway - Group-II,	17085.16	464.247	Construction Period: 3 Years
Ill & IV from Budaun to Prayagraj.			Concession Period: 30 Years

Adani Enterprises Limited "Adani Corporate House", Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad - 382 421 Gujarat, India

Tel + 91 79 2656 5555 Fax + 91 79 2555 5500 info@adani.com www.adani.com

1

CIN: L51100GJ1993PLC019067

Registered Office : "Adani Corporate House", Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar. Ahmedabad - 382421. Gujarat. India

AEL would continue to evaluate and bid for attractive opportunities in transport sector which generates value for the stakeholders. The Group would use its immense expertise and experience of setting up complex and mammoth infrastructure projects in record time and to world class quality standards and successfully operating them.

With these three awards, Adani's Road Portfolio will have 13 projects with more than 5000 lane kms and asset value exceeding 35,000 Cr. spread over 9 states in India i.e. Chhattisgarh, Telangana, Andhra Pradesh, Madhya Pradesh, Kerala, Gujarat, West Bengal, Odisha, and Uttar Pradesh. The portfolio will have mix of HAM (Hybrid Annuity Mode), TOT (Toll -Operate- Transfer) and BOT (Build -Operate -Transfer) type assets.

Kindly take the same on your record.

Thanking you.

Yours faithfully, For Adani Enterprises Limited

~, l(- <J aWloeUUAJiJQ

Jatin Jalundhwala Company Secretary & Joint President (Legal)

Adani Enterprises Limited "Adani Corporate House·. Shantigram. Near Vaishno Devi Circle, S, G, Highway, Khodiyar Ahmedabad - 382 421 Gujarat, India

CIN: L51100GJ1993PLC019067

Registered Office : "Adani Corporate House·, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India