IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Feb 22, 2024

February 22, 2024

To, Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza P.J. Towers, 1[st] Floor, Bandra – Kurla Complex, Bandra (East) Dalal Street, Mumbai - 400 001 Mumbai – 400 051

Dear Sir / Madam,

Ref: Scrip Code 532947; Symbol: IRB

Sub.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We refer to our earlier disclosure on January 31, 2024 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that Management Administration and Share Transfer Committee (“MAS Committee”) of the Board of Directors has approved, subject to satisfactory completion of procedural conditions including issuance of any offering circulars, the issuance of foreign currency denominated notes, including US$ denominated bonds (the “USD Debt Securities”) either secured or unsecured, rated or unrated, listed on any stock exchanges in India, any international stock exchange outside India, for an aggregate amount of up to USD 550 Million, 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 create such security as may be deemed to be necessary by the MAS Committee to secure such USD Debt Securities and to enter into hedging contracts, where required, and as permitted by the RBI in relation to the USD Debt Securities.

You are requested to kindly take note of the same.

This is for your information and records.

Thanking you,

For IRB Infrastructure Developers Limited

MEHULKUMAR Digitally signed by MEHULKUMAR NATWARLAL NATWARLAL PATEL PATEL Date: 2024.02.22 16:05:25 +05'30'

Mehul Patel Company Secretary