IRB Infrastructure Developers Limited — Capital/Financing Update 2026

Mar 7, 2026

March 7, 2026

To, Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001.

Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra (E), Mumbai 400 051

Dear Sir,

Ref.: Scrip Code: 532947, Symbol: IRB

Subject: Toll Revenue for the month of February 2026

Please find enclosed Project-wise toll revenue for the Month of February 2026 for the entities mentioned in the disclosure.

Please find enclosed a press release in this regard.

Kindly take the same on record.

For IRB Infrastructure Developers Limited

Mehulkumar Digitally signed by Mehulkumar Natwarlal Natwarlal Patel Date: 2026.03.07 Patel 10:02:54 +05'30' Mehul Patel Company Secretary

IRB Infrastructure Developers Limited Gross Toll Collection for February 26 increased by ~22 % on Y-o-Y basis

				(Rs. in millions)
Sr. No.	Company Name	February 2026	February 2025	Relationship with entities
1	IRB MP ExpresswayPvtLimited	1,482	1,409	Wholly-owned Subsidiaries
2	IRB Ahmedabad Vadodara Super Express TollwayPrivateLimited	797	639
3	CG Tollway Limited	353	315	IRB Infrastructure Trust (Private InvIT)
4	Udaipur TollwayLimited	290	272
5	Palsit Dankuni Tollway Private Limited	263	155
6	AE TollwayLimited	234	243
7	Yedeshi Aurangabad Tollway Limited	233	200
8	IRB Westcoast Tollway Limited	124	109
9	Solapur Yedeshi Tollway Limited	124	107
10	IRB Golconda Expressway Private Limited	737	652
11	Samakhiyali Tollway Private Limited	128	119
12	IRB Lalitpur Tollway Private Limited	383	336
13	IRB Kota Tollway Private Limited	64	61
14	IRB Gwalior Tollway Private Limited	113	103
15	IRB Harihara Corridors Private Limited #	528	-
16	IRB Tumkur Chitradurga TollwayLimited	396	357	IRB InvIT Fund (Public InvIT)
17	IRB Pathankot Amritsar Toll Road Limited	150	126
18	IRB Jaipur Deoli TollwayLimited	176	153
19	M.V.R. Infrastructure & Tollways Limited	145	136
20	IRB Talegaon Amaravati TollwayLimited	85	79
21	Kaithal TollwayLimited*	120	107
22	Kishangarh Gulabpura Tollway Limited*	231	203
23	IRB Hapur Moradabad Tollway Limited*	305	257
	Total:	7,461	6,138

The Project SPVs has received the Appointed Date from NHAI & Toll Collection commenced from 23[rd] January 2026.

• The assets were acquired by IRB InvIT Fund on 1[st] November 2025. However, the numbers for previous period are presented only for comparison purposes.

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Press Release

IRB Group’s Y-O-Y Toll Revenue rises approx. 22% in February 2026 to Rs.746Crs from Rs.614Crs in February 2025

Mumbai, March 7, 2026: IRB Group, India’s leading and the largest toll roads concessionaire, comprising IRB Infrastructure Developers Limited and its two sponsored InvITs, viz., IRB Infrastructure Trust (listed Private InvIT) and IRB InvIT Fund (listed Public InvIT) have together reported approx. 22% Y-O-Y Toll Revenue growth in February 2026.

The aggregate Toll Revenue of all three entities for February 2026 is Rs.746Crs, against Rs.614Crs in February 2025.

Commenting on this, Mr. Amitabh Murarka, Dy. CEO of IRB Infra said, “Robust traffic growth across our assets and the corresponding rise in toll revenue, including the full-month contribution from the newly added IRB Harihara Corridor (TOT-17), are encouraging. Collection trends for TOT-17 are in line with our bid estimates. Toll collection growth has strengthened from about 15% last month to around 22% in the current month. With the likely commencement of tolling on another new TOT asset, we expect the upward momentum in toll revenues to continue in the coming months.”

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

Sr. No	Company Name	February 2026 (Rs. In Mn)	February 2025 (Rs. In Mn)	Relationship with Entities
1	IRB MP Expressway Pvt Limited (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4)	1,482	1,409	Wholly – owned Subsidiaries
2	IRB Ahmedabad Vadodara Super Express Tollway Pvt. Limited (Ahmedabad Vadodara Expressway NE1 & Highway NH48)	797	639
3	CG Tollway Limited (Chittorgarh to Gulabpura NH79)	353	315	IRB Infrastructure Trust (Private InvIT)
4	Udaipur Tollway Limited (Udaipur to Shamlaji NH48)	290	272
5	Palsit Dankuni Tollway Private Limited (Palsit to Dankuni NH19)	263	155
6	AE Tollway Limited (Agra to Etawah NH19)	234	243
7	Yedeshi Aurangabad Tollway Limited (Yedeshi to Aurangabad NH211)	233	200
8	IRB Westcoast Tollway Limited (Karwar to Kundapura NH66)	124	109
9	Solapur Yedeshi Tollway Limited (Solapur to Yedeshi NH211)	124	107
10	IRB Golconda Expressway Private Limited (Hyderabad Outer Roing Road)	737	652

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Press Release

11	Samakhiyali Tollway Private Limited (Samakhiyali to Santalpur NH27)	128	119
12	IRB Lalitpur Tollway Private Limited (Lalitpur Lakhnadon NH44– TOT 12)	383	336
13	IRB Kota Tollway Private Limited (Kota Bypass– TOT 13)	64	61
14	IRB Gwalior Tollway Private Limited (Jhansi Gwalior NH44– TOT 13)	113	103
15	IRB Harihara Corridors Tollway Private Limited* (Lucknow-Ayodhya-Gorakhpur NH27 & Lucknow-Sultanpur NH731– TOT 17)**	528	-
16	IRB Tumkur Chitradurga Tollway Limited (Tumkur Chitradurga NH48)	396	357	IRB InvIT Fund (Public InvIT)
17	IRB Pathankot Amritsar Toll Road Limited (Pathankot Amritsar NH54)	150	126
18	IRB Jaipur Deoli Tollway Limited (Jaipur Deoli NH12)	176	153
19	M.V.R. Infrastructure & Tollways Limited (Omalur Salem Namakkal NH44)	145	136
20	IRB Talegaon Amaravati Tollway Limited (Talegaon Amaravati NH53)	85	79
21	IRB Hapur Moradabad Tollway Limited (Hapur to Moradabad NH9)	305	257
22	Kaithal Tollway Limited (Kaithal to Rajasthan Border NH152/65)	120	107
23	Kishangarh Gulabpura Tollway Limited (Kishangarh to Gulabpura NH79A & NH79)	231	203
	Total	7,461	6,138

About IRB Group:

IRB Group, comprising IRB Infrastructure Developers Ltd. (Parent Company), and two listed Infrastructure Investment Trusts (InvITs), i.e., IRB Infrastructure Trust (Private InvIT), and IRB InvIT Fund (Public InvIT), is India’s Leading and the Largest Toll Road Concessionaire with Assets Portfolio of 28 Highways with approx. 17,500 Operational Lane Kms and Asset Base of approx. Rs.94,000Crs spread across 13 Indian States.

As a Market Leader in India’s highway infrastructure development sector, IRB Group enjoys significant Market Share of 44% in the awarded TOT space, through 6 TOT Assets, followed by the largest BOT Portfolio of 18 Highway Assets and 4 Hybrid Annuity Highway Assets. The Group’s assets portfolio comprises approx. 16% share in India’s prestigious Golden Quadrilateral connectivity and 12% share in the North-South highway connectivity.

With the daily movement of around 1.5 million vehicles across all highway assets, the Group contributes around 10% in the National Toll Revenue, with robust 97% FASTag penetration through

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Press Release

approx. 1,000 FASTag compliant lanes at 86 Toll Plazas existing at Group’s highway assets across the Nation.

IRB Infrastructure Trust (“Private InvIT”):

IRB Infrastructure Trust is an Infrastructure Investment Trust sponsored by IRB Infrastructure Developers Limited under the SEBI’s Infrastructure Investment Trusts Regulations 2014. Private InvIT, pursuant to the Concessions granted by the respective Nodal Agencies, operates and manages 14 highway assets having 10,674 Lane Kms and Enterprise Value of approx. Rs.66,000Crs in the States of Maharashtra, Rajasthan, Gujarat, Goa, Karnataka, Uttar Pradesh, West Bengal, Telangana, and Madhya Pradesh. The Weighted Average Life of these Assets is 20 Years plus. Private InvIT is listed on NSE since 2023 under ticker “IRBIT”. For more information on Private InvIT, please visit www.irbinfratrust.co.in

IRB InvIT Fund (“Public InvIT) :

IRB InvIT Fund is the first Infrastructure Investment Trust sponsored by IRB Infrastructure Developers Ltd and is registered under the SEBI’s Infrastructure Investment Trust Regulations 2014. Public InvIT, in pursuant to the Concessions granted by the respective Nodal Agencies, operates and manages 10 highways assets, including 8 BOT and 2 HAM projects with 4,445 Lane Kms and Enterprise Value of approx. Rs.17,600 Crs in the States of Maharashtra, Gujarat, Rajasthan, Karnataka, Tamil Nadu, Punjab, Haryana and Uttar Pradesh. The Weighted Average Life of these Assets is 18 years plus. Public InvIT is listed on NSE & BSE since 2017 under ticker “IRBN” AND “IRBINVIT” respectively. For more information on Public InvIT, please visit www.irbinvit.co.in

For further details, please contact:

• Tejal Divte, Concept PR, 99305 51440, tejal@conceptpr.com

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

Disclaimer:

Except for the historical information contained herein, statements in this communication and any subsequent discussions, which include words or phrases such as ‘will’, ‘aim’, ‘will likely result’, ‘would’, ‘believe’, ‘may’, ‘expect’, ‘will continue’, ‘anticipate’, estimate’, ‘intend’, ‘plan’, ‘contemplate’, ‘seek to’, ‘future’, ‘objective’, ‘goal’, ‘likely’, ‘project’, ‘on-course’, ‘should’, ‘potential’, ‘pipeline’, ‘guidance’, ‘will pursue’ ‘trend line’ and similar expressions or variations of such expressions may constitute ‘forward-looking statements’.

The forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements.

These risks and uncertainties include but are not limited to the IRB Infrastructure Developers Limited and/ or its Associates’ ability to successfully implement its strategy, its growth and expansion plans, obtain regulatory approvals, provisioning policies, technological changes, investment and business income, cash flow projections, exposure to market risks as well as other risks. In addition, the consummation of the transactions described herein is subject to various conditions precedent.

IRB Infrastructure Developers Limited does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

These materials are not a prospectus, a statement in lieu of a prospectus, an offering circular, an invitation or an advertisement or an offer document under the Indian Companies Act, 2013 together with the rules and regulations made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, or any other applicable law in India.

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