IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Feb 29, 2024

February 29, 2024

To,

	Corporate Relationship Department,BSE LimitedP.J. Towers, 1stFloor,DalalStreet,Mumbai - 400 001	National Stock Exchange of India LimitedExchange PlazaBandra – Kurla Complex, Bandra (East)Mumbai – 400 051

Dear Sir / Madam,

Ref: Scrip Code 532947; Symbol: IRB

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“SEBI Listing Regulations”)

“ ” - Re: IRB Infrastructure Developers Limited (the Company ) Issuance of Reg S/ Rule 144A U.S.$ 540 Million 7.11 % Senior Secured US$ Notes (the “Notes”)

We refer to our previous letters dated January 31, 2024, and February 22, 2024, we hereby inform that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), the Management Administration and Share Transfer (“MAS”) Committee meeting of the Board of Directors of the Company has approved issuance of the Reg S / Rule 144A US$ 540 Million 7.11% Senior Secured Notes having a weighted average life of 7.25 years with the final maturity in 2032.

The Company has priced Reg S / Rule 144A U.S.$ 540 Million 7.11% senior, secured US$-denominated Notes to be issued to eligible investors in accordance with the FEMA ECB Guidelines and other applicable law. Subject to such law, the Issuer intends to use the net proceeds of this offering for repayment of existing rupees denominated indebtedness which was availed for capital expenditure.

The Notes will be listed on the India International Exchange (IFSC) Limited (India INX).

This is for your information and records, and in compliance with Regulation 30 of the SEBI Listing Regulations.

We request you to kindly take note of the same.

Thanking you,

For IRB Infrastructure Developers Limited

MEHULKU Digitally signed by MAR MEHULKUMAR NATWARLAL NATWARL PATEL Date: 2024.02.29 AL PATEL 22:25:04 +05'30'

Mehul Patel Company Secretary

Disclaimer

The Offering Memorandum has not been and will not be registered or published as a prospectus or a statement in lieu of a prospectus with the Registrar of Companies, the Securities and Exchange Board of India or any other statutory or regulatory body of like nature in India in respect of a public offer or information memorandum or other offering material in respect of any private placement of securities under the Companies Act, 2013, as amended, and the rules framed thereunder or any other applicable Indian laws. The Offering Memorandum has not been and will not be reviewed or approved by any regulatory authority in India, including, but not limited to, the Securities and Exchange Board of India, any Registrar of Companies, the Reserve Bank of India, or any stock exchanges in India. The Offering Memorandum and the Notes are not and should not be construed as an advertisement, invitation, offer or sale of any securities to the public or any person resident in India. The Notes have not been and will not be, offered or sold to any person resident in India.