IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Mar 6, 2024

March 6, 2024

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 400 001. Bandra Kurla Complex, Bandra (E), Mumbai 400 051

Dear Sir,

Ref.: Scrip Code: 532947, Symbol: IRB

Subject: Toll Revenue for February 2024 (Reg 30 of SEBI LODR)

Please find enclosed Project-wise toll revenue for the Month of February 2024 for the subsidiaries & Joint venture entities of the Company.

Please find enclosed a press release in this regard.

Kindly take the same on record.

For IRB Infrastructure Developers Limited

Mehulkuma Digitally signed by Mehulkumar r Natwarlal Natwarlal Patel Date: 2024.03.07 Patel 00:02:05 +05'30' Mehul Patel Company Secretary

IRB Infrastructure Developers Limited

Gross Toll collection

Toll Collection increase ~ 31% on Y-o-Y basis

(Rs. in millions)

Sr. No.	Company Name	February, 2024	February, 2023
1	IRB MP Expressway Pvt Limited*	1,429	1,147
2	IRB Ahmedabad Vadodara Super Express Tollway Private Limited*	629	551
3	CG Tollway Limited^	308	296
4	Udaipur Tollway Limited^	257	218
5	Palsit Dankuni Tollway Private Limited^	150	166
6	AE Tollway Limited^	203	184
7	Yedeshi Aurangabad Tollway Limited^	191	219
8	IRB Hapur Moradabad Tollway Limited^	237	206
9	Kaithal Tollway Limited^	110	120
10	Kishangarh Gulabpura Tollway Limited^	196	200
11	IRB Westcoast Tollway Limited^	107	100
12	Solapur Yedeshi Tollway Limited^	96	111
13	IRB Golconda Expressway Private Limited^**	589	-
14	Samakhiyali Tollway Private Limited^#	120	-
		4,622	3,518

*Wholly-owned Subsidiaries of the Company

^Joint Ventures - Entities under - IRB Infrastructure Trust (Pvt. InvIT)

**The Project SPV has received the Appointed Date from HMDA & Toll Collection commenced from August 12, 2023.

The Project SPV has received the Appointed Date from NHAI & Toll Collection commenced from December 28, 2023.

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Press Release

IRB Infra & its Private InvIT Associates’ aggregate Toll Revenue for February 2024 rises 31% Y-o-Y (Rs.4,622 Mn vs. Rs.3,518 Mn in February 2023)

Mumbai, March 6, 2024: The aggregate toll collection of IRB Infrastructure Developers Limited, India’s leading and the largest integrated multi-national transport infrastructure developer in the highways sector and its associate IRB Infrastructure Trust, has gone up by 31 % Y-o-Y in February 2024.

Both the entities reported aggregate toll collection of Rs.4,622 Mn for the month under review, i.e., February 2024 as against Rs. 3,518 Mn in February 2023.

Commenting on this, Shri Amitabh Murarka, Dy. CEO, IRB Infrastructure Developers Limited said, “The February 2024 toll collection is robust and very encouraging across all the assets. With a growth of YoY of 31% in toll collection, the momentum is continued as seen at the start of new calendar year 2024. With high GDP growth projected for the country, we expect it to remain strong for coming months.”

The toll collection details Project and SPV wise are as follows:

Sr. No	Company Name	February 2024 (Rs. in Mn)	February 2023 (Rs. in Mn)
	**Operational days **	29	28
1	IRB MP Expressway Pvt Limited (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4)	1,429	1,147
2	IRB Ahmedabad Vadodara Super Express Tollway Pvt. Limited (Ahmedabad Vadodara Expressway NE1 and Highway NH48)	629	551
3	CG Tollway Limited (Chittorgarh to Gulabpura NH79)	308	296
4	Udaipur Tollway Limited (Udaipur to Shamlaji NH48)	257	218
5	Palsit Dankuni Tollway Private Limited (Palsit to Dankuni NH19)	150	166
6	AE Tollway Limited (Agra to Etawah NH19)	203	184
7	Yedeshi Aurangabad Tollway Limited (Yedeshi to Aurangabad NH211)	191	219
8	IRB Hapur Moradabad Tollway Limited (Hapur to Moradabad NH 9)	237	206
9	Kaithal Tollway Limited (Kaithal to Rajasthan Border NH152/65)	110	120

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Press Release

10	Kishangarh Gulabpura Tollway Limited (Kishangarh to Gulabpura NH79A & NH79)	196	200
11	IRB Westcoast Tollway Limited (Karwar to Kundapura NH66)	107	100
12	Solapur Yedeshi Tollway Limited (Solapur to Yedeshi NH211)	96	111
13	IRB Golconda Expressway Private Limited (Hyderabad Outer Roing Road)	589	-
14	Samakhiyali Tollway Private Limited (Samakhiyali to Santalpur NH27)	120	-
	Total	4,622	3,518

About IRB Infrastructure Developers Ltd:

IRB Infrastructure Developers Ltd (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in Roads & Highways segment. As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of over Rs.77,000 Crs. in 12 States across the parent company and two InvITs.

The Company has strong track record of constructing, tolling, operating, and maintaining around 18,500 lane Kms pan India in its existence of 25 years in India.

It has approx. 20% share in India’s prestigious Golden Quadrilateral project, which is the largest by any private infrastructure developer in India. In the TOT space, the group commands a market share of around 38%.

After successfully completing 13 Concessions and handing over them to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has now 26 road projects that include 18 BOT, 4 TOT, and 4 HAM projects.

For further details, please contact:

• Kiwishka Kaur Kalsi, Concept PR, 75068 61969 kiwishka@conceptpr.in

• Vivek Devasthali, Head, Corporate Communications, 99300 80099, vivek.devasthali@irb.co.in

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