IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Feb 26, 2024

February 24, 2024

Corporate Relationship Department,BSE LimitedPhiroze Jeejeebhoy TowersDalal Street, Mumbai 400 001	Listing Department,National Stock Exchange of India LimitedExchange Plaza, C-1 Block GBandra Kurla Complex, Bandra (E), Mumbai 400 051

Re.: Scrip Code 532947; Symbol: IRB

Re: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

Sub.: Intimation of Credit Rating

Dear Sir / Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Fitch Ratings has assigned an expected rating of 'BB+(EXP)' to the Senior Secured US Dollar Notes proposed to be issued by IRB Infrastructure Developers Limited (BB+/Stable). The Outlook is Stable.

For ratings rationale and other details, please refer to the communication from Fitch Ratings at https://www.fitchratings.com/research/infrastructure-project-finance/fitch-assigns-irb-infrastructure-usdnotes-bb-exp-rating-outlook-stable-23-02-2024.

You are requested to kindly take the above information on record.

Thanking you,

Yours Faithfully,

For IRB Infrastructure Developers Limited

Digitally signed by MEHULKUMA MEHULKUMAR R NATWARLAL NATWARLAL PATEL PATEL Date: 2024.02.24 16:29:08 +05'30'

Mehul Patel

Company Secretary