Capacit'e Infraprojects Limited — Capital/Financing Update 2023

Mar 13, 2023

Varsha Digitally signed by Varsha Malkani Malkani Date: 2023.03.13 10:17:34 +05'30'

Investor Release

Company Update

This has reference to our communication dated February 23, 2023 wherein we have indicated that we are continuously engaging with the consortium bankers to expedite the process of sanctioning of additional non fund based limits.

We are pleased to announce that we have received sanction for Non Fund based limits totalling to Rs 150 crores from State Bank of India which is also the consortium leader. The limits will help us in realising our pending receivable in the form of retention monies and mobilisation advance from the existing on-going projects.

We wish to convey our gratitude to State Bank of India for their continuous support to the Company. We are also engaging with other consortium members for sanction of balance assessed limits. We are hopeful that the other consortium members will also take up their part of assessed limits shortly.

Considering that we have been able to tie up enhanced working capital limits which will further improve the liquidity position in short to medium term, we will be approaching the Rating Agency to reconsider their view as the reason quoted was “The downgrade reflects CIL’s inability to tie up enhanced working capital limits, continued blockage of working capital and a delay in recovering its pending receivables, resulting in a further stretch in its working capital.”

We request you to take on record the above.

About Capacit'e Infraprojects Limited

Capacit'e Infraprojects Limited (Capacit'e/the Company) has etched a name for itself as a quality contractor in the buildings space. Today, it is working with almost all major real estate developers in the country. Capacit'e has been rapidly emerging as a marquee contractor in the building space with good repute. The Company’s sharp focus on the single segment of buildings, with an emphasis on technology, a robust asset base and the promoters’ rich experience in the EPC space have enabled it to scale up quickly in the building space and become a well-respected player. Capacit'e provides end-toend construction services for High Rise and Super High-Rise Buildings, Townships, Mass Housing, etc. in the residential space, Office Complexes, IT & ITES Parks in the commercial

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space and Hospitality, Healthcare Facilities, Industrial Buildings, MLCPs in the institutional space.

For more information please visit www.capacite.in

Safe Harbor Statement

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The Company assumes no obligation to update forwardlooking statements to reflect actual results changed assumptions or other factors.

Company	Investor Relations Advisors
Capacit'e Infraprojects LimitedName: Mr. Alok MehrotraDesignation – ED - FinanceEmail id:ir@capacite.in	Marathon Capital Advisory Pvt. Ltd.Name: Mr. Amit Porwal / Mr. Rahul PorwalEmail id:amit@marathoncapital.in /rahul@marathoncapital.inTel No:+91 9819773905 /+91 9967576900

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