GTL Infrastructure Limited — Capital/Financing Update 2021

Jul 27, 2021

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REF: GIL/SE/REG30/2021-22/034

July 27, 2021

Department of Corporate Services, BSE Ltd (BSE) P. J. Tower, Dalal Street, Mumbai 400 023 Scrip Code : 532775

Corporate Communication Department National Stock Exchange of India Ltd. Exchange Plaza, 5[th] Floor, Plot No. C/1, G Block, BKC , Bandra (East), Mumbai 400 051

Trading Symbol : GTLINFRA

Dear Sir/Madam,

Sub: Allotment of Equity Shares upon conversion of Zero Coupon Compulsorily Convertible Bonds (Series B1 and B3 Bonds)

Pursuant to Regulation 30 and other applicable provisions, if any, of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Committee of the Company at its meeting held today, has considered allotment of 11,46,69,990 equity shares consequent to conversion of 17,429 Zero Coupon Compulsorily Convertible Bonds (Series B1 Bonds) aggregating to US$ 17.429 Mn. and 175 Zero Coupon Compulsorily Convertible Bonds (Series B3 Bonds) aggregating to US$ 0.175 Mn. at a conversion price of Rs. 10 per share. Post the above conversions, outstanding Series B1 and B3 Bonds are US$ 33.919 Mn. and US$ 12.636 Mn. respectively as on July 27, 2021.

Kindly take the same on your records and acknowledge receipt.

Thanking you,

Yours truly, For GTL Infrastructure Limited

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

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

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