Afcons Infrastructure Limited — Capital/Financing Update 2024

Nov 4, 2024

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Date: November 04, 2024

To The Compliance Manager BSE Limited Corporate Relationship Dept., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001.

To

The Manager, Listing Department National Stock Exchange of India Ltd Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051.

Scrip Code: 544280

Symbol: AFCONS

Subject: Afcons Infrastructure Limited (“Company”/ “Afcons”) announced L1 for Bhopal Project Line 2 Package BH-05.

Dear Sir/Madam,

Please find enclosed herewith a copy of Press Release that is being issued by the Company today, in connection with the above. We request you to take note of the same.

Thanking you,

Yours faithfully,

FOR AFCONS INFRASTRUCTURE LIMITED

GAURANG Digitally signed by GAURANG MAHESHCHA MAHESHCHANDRA NDRA PAREKH Date: 2024.11.04 PAREKH 11:43:07 +05'30'

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Gaurang Maheshchandra Parekh Company Secretary and Compliance Officer Membership No.: F8764

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Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar P.O., Post Box No. 11978, Andheri (W), Mumbai-400 053. Tel. : +91-22-6719 1000 / 2673 0042 Fax: +91-22-2673 0047 / 2673 0026 | www.afcons.com CIN No.: U45200MH1976PLC019335

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PRESS RELEASE

AFCONS ANNOUNCED L1 FOR BHOPAL METRO PROJECT LINE 2 PACKAGE BH-05

Mumbai: Afcons Infrastructure announced that it was declared as the lowest bidder for construction Package BH-05 of Bhopal Metro Phase 1 project’s 12.915 km Blue Line (Line-2) which will connect Bhadbhada Chauraha – Ratnagiri Tiraha via 13 elevated stations. Afcons’ bid of Rs. 1006.74 crore was declared the lowest - L1

This package by Madhya Pradesh Metro Rail Corporation Ltd (MPMRCL) includes the construction of the entire Blue Line’s viaduct, 13 stations, and a ramp leading to Subhash Nagar Depot which will be shared with Orange Line (Karond Circle – AIIMS) for maintaining and stabling.

MPMRCL had invited bids for the Blue Line’s construction, financed by the European Investment Bank (EIB) through a €400 million loan. The contract comes with a 3 year construction deadline.

About Afcons Infrastructure Ltd

Afcons Infrastructure Ltd is flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, a diversified Indian conglomerate. It has a legacy of over six decades, with strong track record of executing numerous technologically complex EPC projects both within India and internationally. As per the latest ENR survey, Afcons is ranked in Top 120 international Contractors globally; 10th in Marine & Ports and 12th in Bridges.

For more info

Contact:

Corporate Communication

Naresh Sharma – naresh.sharma@afcons.com

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Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar P.O., Post Box No. 11978, Andheri (W), Mumbai-400 053. Tel. : +91-22-6719 1000 / 2673 0042 Fax: +91-22-2673 0047 / 2673 0026 | www.afcons.com CIN No.: U45200MH1976PLC019335