IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Jan 15, 2024

January 15, 2024

To, Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001

Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra (E), Mumbai

Dear Sir/Madam,

Re - Scrip Code 532947; Symbol: IRB

Sub – Issuance of NCDs by Ganga Expressway Project

This is to inform you that Meerut Buduan Expressway Limited (“MBEL”) i.e. Ganga Expressway Project SPV, an associate of the Company, on January 15, 2024, has allotted Indian-rupee denominated unlisted, unsecured, redeemable, non-convertible debentures (“NCDs”) aggregating to INR 520 Crore on a private placement basis to the Company and GIC affiliate. The Company and GIC affiliate have contributed INR 265.20 Crore and INR 254.80 Crore respectively.

You are requested to kindly take a note of the same.

For IRB Infrastructure Developers Limited

MEHULKUMA Digitally signed by R MEHULKUMAR NATWARLAL PATEL NATWARLAL Date: 2024.01.15 PATEL 16:58:08 +05'30' Mehul Patel Company Secretary