GPT Infraprojects limited — Capital/Financing Update 2024

Aug 26, 2024

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Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872 Phone : +91-33-4050-7000, Email : info@gptgroup.co.in , Visit us: www.gptgroup.co.in

Date: August 26, 2024

The Manager The General Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra East Mumbai 400 001 Mumbai 400 051 Maharashtra, India Maharashtra, India Symbol: GPTINFRA Scrip Code: 533761

Dear Sir/Madam,

Qualified institutions placement of equity shares of face value of ₹ 10 each (the “Equity Shares”) by GPT Infraprojects Limited (the “Company) (the “QIP”)

Sub: Outcome of the meeting of the Fund Raising Committee

We wish to inform you that pursuant to the approval of the board of directors of the Company at its meeting held on July 05, 2024 and approval of the shareholders of the Company by way of a special resolution passed on August 07, 2024, the Fund Raising Committee of the Company, in its meeting held today i.e. August 26, 2024, has inter alia considered and approved the following:

• (i) approval and adoption of the Preliminary Placement Document dated August 26, 2024, and the draft of application form, in connection with the QIP;

• (ii) authorizing the opening of the proposed issue of such number of Equity Shares to eligible qualified institutional buyers through a qualified institutions placement under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“ SEBI ICDR Regulations ”) and Section 42 of the Companies Act, 2013, read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, each as amended, today, i.e. on August 26, 2024; and

• (iii) approval of the floor price for the QIP, being ₹ 183.83 per Equity Share (“ Floor Price ”) based on the pricing formula as prescribed under Regulation 176 of the SEBI ICDR Regulations.

We further wish to inform you that the Fund Raising Committee has fixed the ‘Relevant Date’ for the purpose of the QIP, in terms of Regulation 171 of the SEBI ICDR Regulations as August 26, 2024 and accordingly the floor price in respect of the QIP, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is ₹ 183.83 per Equity Share. Pursuant to Regulation 176(1) of the SEBI ICDR Regulations, the Company may, at its discretion, offer a discount of not more than 5% (five percent) on the Floor Price so calculated for the QIP.The Fund Raising Committee meeting commenced at 5:00 PM and the meeting was concluded at 5:35 PM.

Copy of the Preliminary Placement Document dated August 26, 2024 is also being made available on the website of our Company at www.gptinfra.in

Further, as per Company’s Code of Conduct to Regulate, Monitor and Report Trading by designated persons framed pursuant to SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, the trading window for dealing in the securities of the Company will be closed from the intimation of outcome of this Meeting, till 48 (forty-eight) hours after listing of shares at Stock Exchanges.

We request you to take the above on record pursuant to compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

Thanking you, Yours sincerely For GPT Infraprojects Limited

MOHIT Digitally signed by MOHIT ARORA Date: 2024.08.26 ARORA 17:35:25 +05'30' Mohit Arora Company Secretary & Compliance Officer ACS: A51590