IRB Infrastructure Developers Limited — Capital/Financing Update 2023

Dec 15, 2023

December 15, 2023

To,

Corporate Relationship Department,BSE LtdP.J. Towers, 1stFloor,Dalal Street, Mumbai - 400 023	National Stock Exchange of India LimitedExchange PlazaBandra – Kurla Complex, Bandra (East)Mumbai – 400 051

Dear Sir,

Ref: Scrip Code: 532947, Symbol: IRB

Subject: Update (TOT 13)

With reference to our earlier disclosure dated December 14, 2023, please find attached a copy of an update provided by IRB Infrastructure Trust - associate of the Company regarding IRB Infrastructure Trust (the Trust) has received Letter of Award from National Highways Authority of India (NHAI) for the project of Tolling, Operation, Maintenance and Transfer of Kota Bypass and Cable Stay Bridge on NH-76 (New NH27) in the state of Rajasthan and Gwalior-Jhansi section from km 0.00 to km 103.000 (revised section Km. 16.000 to Km. 98.455) of NH-75 (New NH-44) in the State of Madhya Pradesh and Uttar Pradesh on Toll Operate and Transfer (TOT) Mode (TOT Bundle 13) – (the Project).

You are requested to kindly take note of the same.

For IRB Infrastructure Developers Limited

MEHULKU Digitally signed by MAR MEHULKUMAR NATWARLAL PATEL NATWARL Date: 2023.12.15 21:37:04 +05'30' AL PATEL Mehul Patel Company Secretary

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December 15, 2023

To, National Stock Exchange of India Limited

Exchange Plaza Plot no. C/1, G Block Bandra-Kurla Complex, Bandra (East) Mumbai 400051

Dear Sir,

NSE Symbol: IRBIT / Series: IV

Sub: Update (TOT 13)

With reference to our earlier disclosure dated December 14, 2023, IRB Infrastructure Trust (the Trust) has received Letter of Award from National Highways Authority of India (NHAI) for the project of Tolling, Operation, Maintenance and Transfer of Kota Bypass and Cable Stay Bridge on NH-76 (New NH-27) in the state of Rajasthan and Gwalior-Jhansi section from km 0.00 to km 103.000 (revised section Km. 16.000 to Km. 98.455) of NH-75 (New NH-44) in the State of Madhya Pradesh and Uttar Pradesh on Toll Operate and Transfer (TOT) Mode (TOT Bundle 13) (the Project).

Key Highlights of the Project are as under:

			Project	Tolling, Operation, Maintenance and Transfer of Kota Bypass and Cable Stay Bridge	Tolling, Operation, Maintenance and Transfer of Kota Bypass and Cable Stay Bridge
			description	on NH-76 (New NH-27) in the state of Rajasthan and Gwalior-Jhansi section fromk 000 t k 103000 id ti K 16000 t K 98455 f NH75 N
				m . o m . (revse secon m. . o m. .) o - (ewNH-44) in the State of Madhya Pradesh and Uttar Pradesh on Toll Operate and
				Transfer(TOT)Mode(TOT Bundle 13)
			Length	110.28 Km
			Concession Fee	The Trust to pay upfront Concession Fee of Rs. 1,683 Crores toNHAIfor revenue-
			& Period	linked Concession Period of 20	years.
			Tariff & Tolling	Annual Tariff Revision - Fixed 3% p.a. plus 40 % of Wholesale Price Index (WPI).Tollingand O&M activitywill commence from the Appointed Date.
			Accretion toPortfolio	by approx.4.3% to ~Rs 470bnwithaddition ofthisproject with a longterm revenue & cashflowgeneration visibility

Kindly take this update on record.

For MMK Toll Road Private Limited

(Investment Manager to IRB Infrastructure Trust)

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Kaustubh Shevade Company Secretary and Compliance Officer

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