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GTL Infrastructure Limited Capital/Financing Update 2020

Sep 14, 2020

60709_rns_2020-09-14_b84bd897-4a77-4237-a751-da6e5ccd96d9.pdf

Capital/Financing Update

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Ref No: GIL/SE/REG30/2020-21/40 Date: September 14, 2020

The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor 25th Floor, Dalal Street Plot No. C/1, G Block, BKC Fort, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 532775 Trading Symbol: GTLINFRA

Dear Sirs,

Re: Disclosures under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 and other applicable regulations, if any, of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform that the Company has received a notice of recall from Edelweiss Asset Reconstruction Company Limited (“ EARC ”), acting as trustee of EARC Trust SC – 338, 343, 366 and 389 with respect of outstanding principal and interest accrued till date aggregating to INR 3,822.61 crores claiming alleged default in terms of Master Restructuring Agreement dated December 31, 2011. EARC has demanded payment of the said sum within a period of 14 days from the date of receipt of notice. The Company is currently seeking legal advice and will take such necessary actions as it may be advised.

You are requested to take note of the same.

For GTL Infrastructure Limited

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Nitesh A. Mhatre Vikas Arora Company Secretary Group Head – Corporate Communication

(Note: This letter is submitted electronically with BSE & NSE through their respective web-portals.)

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