IRB Infrastructure Developers Limited — Capital/Financing Update 2022

Aug 30, 2022

August 30, 2022 Corporate Relationship Department, BSE Limited Dalal Street, Mumbai- 400001.

Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1 Block G, Bandra (E), Mumbai - 400051

Dear Sir/Madam,

Ref: 532947; Symbol: IRB

Subject: Refinance of Project Loan by Yedeshi Aurangabad Tollway Limited (Project SPV of IRB Infrastructure Trust) through issuance of NCDs on private placement basis

Pursuant to Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III – Part A (D), this is to inform you that Yedeshi Aurangabad Tollway Limited (YATL), subsidiary of IRB Infrastructure Trust, sponsored by IRB Infrastructure Developers Limited, on August 30, 2022, has allotted INR denominated senior, secured, redeemable, listed, rated, non-convertible debentures aggregating to INR 715 Crores (Tranche 1) on a private placement basis to eligible investors. For this purpose, YATL has executed the debenture trust deed and other transaction documents. Salient terms of the NCDs are mentioned below:

Sr. No	Particulars	Details
1.	Size of the issue	INR 715 crore
2.	Whether proposed to be listed. If yes, name of the stock exchange(s)	Yes. NCDs to be listed on BSE Limited
3.	Tenure of the Instrument – date of allotment and date of maturity	5 years Date of allotment: August 30, 2022 Date of maturity: August 29,2027
4.	Coupon/ Interest offered, schedule of payment of coupon/interest and principal	8.65% p.a., payable monthly
5.	Charges/ Security, if any, created over the assets	 Charge over YATL’s assets  Pledge over IRB Infrastructure Trust’s holding in YATL  DSRA of six month’s interest. The debt shall also be guaranteed by IRB Infrastructure Trust
6.	Details of redemption of debentures	Bullet repayment at the end of tenure

We request you to take the above on record.

For IRB Infrastructure Developers Limited

Mehulkum Digitally signed ar by Mehulkumar Natwarlal Patel Natwarlal Date: 2022.08.30 Patel 16:14:21 +05'30'

Mehul Patel

Company Secretary & Compliance Officer