IRB Infrastructure Developers Limited — Capital/Financing Update 2020

Apr 26, 2020

April 26, 2020

Corporate Relationship Department, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G Dalal Street, Mumbai- 400001. Bandra Kurla Complex, Bandra (E), Mumbai - 400051

Dear Sir/Madam,

Ref: Scrip Code 532947; Symbol: IRB

Subject: Intimation to Stock Exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) in relation to outcome of the Board Meeting held on April 26, 2020

Dear Sir/Madam,

This is to inform you that the Board of Directors of the Company at their meeting held today has inter alia approved the raising of debt through such modes as permitted under applicable laws, including the issue of non-convertible debentures or other debt securities/ instruments, for an aggregate amount of up to Rs. 2500 Crores, being proposed to be allotted in one or more tranches/series, to the eligible investors permitted to invest in or subscribe to such debt under applicable laws. The Board has also authorized the Management Administration and Share Transfer Committee (‘MAS Committee’) of the Board to take all such steps in connection with such raising of debt, including any actions incidental and ancillary to such issue.

Please treat this information/ intimation as required under Regulation 30 of the SEBI Listing Regulations.

The Board Meeting commenced at 10 a.m. and concluded at 10.45 a.m.

Thanking you,

Yours faithfully,

For IRB Infrastructure Developers Limited

MEHULKUMAR NATWARLAL PATEL Digitally signed by MEHULKUMAR NATWARLAL PATEL DN: c=IN, o=Personal, cn=MEHULKUMAR NATWARLAL PATEL, serialNumber=4a1816113b59302c922bb55f82b11efd9325486d58d16564a6d1458dd0a6a0fe, postalCode=400607, 2.5.4.20=94a78f064dab4ff39b7861edcf64efc2459100e5464ea6f9ea45f7ffdd0e48dc, st=Maharashtra Date: 2020.04.26 11:00:43 +05'30'

Mehul Patel

Company secretary