GVK Power & Infrastructure Ltd — Board/Management Information 2021

Jul 13, 2021

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Dt. 13[th] July,2021

Bombay Stock Exchange Limited PJ Towers, Dalal Street, Mumbai - 400 001.

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Ex Bandra East, Mumbai – 400 051.

Dear Sir,

Sub: Developments in Airport Business. Ref: i) BSE Scrip Code: 532708, NSE Scrip Code: GVKPIL ii) Our letter and press release dated 31-08-2020

In continuation with our earlier intimation cited above on the captioned subject, we hereby inform you that in pursuance of the Cooperation Agreement dated 31-08-2020 entered into with Adani Airport Holdings Limited (AAHL), the Board of Directors of Mumbai International Airport Limited (MIAL), a step down & material subsidiary of our Company, at its meeting held on today i.e. 13[th] July, 2021 has taken the following decisions, amongst others.

1. Accepted the resignation of Dr. GVK Reddy, as director and Executive Chairman on the Board of MIAL and its Committees, in which he is a member, and the said resignation is effective from the conclusion of this board meeting.

2. Accepted the resignation of Mr. G V Sanjay Reddy, as Managing Director & Key Managerial Person of MIAL and its Committees, in which he is a member, and the said resignation is effective from the conclusion of this board meeting. Further, Mr. G V Sanjay Reddy will continue to be a director on the Board of MIAL until such time as decided by the Board of MIAL at its meeting held on 22-05-2021.

This is for your information and record.

Thanks & regards,

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