IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Oct 9, 2024

Date: October 9, 2024

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 Scrip Code: 532947	National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Symbol: IRB

Sub.: Outcome of the Meeting of the Board of Directors of IRB Infrastructure Developers Limited (the “Company”) held on October 9, 2024

Dear Sir / Madam,

Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, this is to inform you that the Board of Directors of the Company (the “ Board ”) at its meeting held today i.e. October 9, 2024, has, inter alia, approved raising of debt by way of issuance and allotment of foreign currency denominated notes, including US$ denominated bonds or other debt securities, ( the “Debt Securities”) either secured or unsecured, rated or unrated, unlisted or listed on any stock exchanges in India, and any international stock exchange outside India, for an aggregate amount of up to USD 200 millions, either by public issue or by private placement, on a preferential allotment basis, in one or more tranches/ series to eligible investors, including non-resident qualified institutional buyers, financial institutions, banks, non-banking financial companies incorporated bodies, mutual funds, individuals, trustees, etc. including other permitted eligible entities as may be permitted under the applicable law and to avail any term loans from financial institutions, to meet the financial requirements of the Company and to create such security as may be deemed to be necessary by the Board to secure such Debt Securities, and to enter into hedging contracts, when required, and as permitted by the RBI in relation to the Debt Securities and term loans (“ Borrowings ”).

The Board has also authorised 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 matters and actions incidental and ancillary to such fund- raising.

Please note that details of issuance of debt securities, if any in compliance with the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 will be provided at the time of allotment.

The Board Meeting commenced at 11.00 am and concluded at 11.45 am.

You are requested to kindly take note of the same.

For IRB Infrastructure Developers Limited

MEHULKUMAR NATWARLAL PATEL Digitally signed by MEHULKUMAR NATWARLAL PATEL Date: 2024.10.09 12:00:29 +05'30'

Mehul Patel Company Secretary