IRB Infrastructure Developers Limited — Capital/Financing Update 2023

Sep 13, 2023

September 13, 2023

To,

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

Dear Sir/Madam,

Re - Scrip Code 532947; Symbol: IRB

Sub – Issuance of NCDs by Ganga Expressway Project

This is to inform you that Meerut Budaun Expressway Limited (“MBEL”) i.e. Ganga Expressway Project SPV, an associate of the Company, on September 13, 2023, has allotted Indian-rupee denominated unlisted, unsecured, redeemable, non-convertible debentures (“NCDs”) aggregating to INR 271.72 Crore on a private placement basis to the Company and GIC affiliate. The Company and GIC affiliate have contributed INR 138.58 Crore and INR 133.14 Crore respectively.

You are requested to kindly take a note of the same.

For IRB Infrastructure Developers Limited

Digitally signed by MEHULKUMAR MEHULKUMAR NATWARLAL NATWARLAL PATEL PATEL Date: 2023.09.13 18:30:35 +05'30'

Mehul Patel Company Secretary