IRB Infrastructure Developers Limited — Capital/Financing Update 2026

Feb 6, 2026

February 6, 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 January 2026

Please find enclosed Project-wise toll revenue for the Month of January 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

Mehulkuma Digitally signed by Mehulkumar r Natwarlal Natwarlal Patel Date: 2026.02.06 Patel 16:45:31 +05'30' Mehul Patel Company Secretary

IRB Infrastructure Developers Limited Gross Toll Collection for January 26 increased by ~15 % on Y-o-Y basis

				(Rs. in millions)
Sr. No.	Company Name	January 2026	January 2025	Relationship with entities
1	IRB MP ExpresswayPvtLimited	1627	1552	Wholly-owned Subsidiaries
2	IRB Ahmedabad Vadodara Super Express TollwayPrivateLimited	844	699
3	CG Tollway Limited	373	331	IRB Infrastructure Trust (Private InvIT)
4	Udaipur TollwayLimited	305	280
5	Palsit Dankuni Tollway Private Limited	263	161
6	AE TollwayLimited	240	217
7	Yedeshi Aurangabad Tollway Limited	250	210
8	IRB Westcoast Tollway Limited	141	126
9	Solapur Yedeshi Tollway Limited	138	110
10	IRB Golconda Expressway Private Limited	778	678
11	Samakhiyali Tollway Private Limited	133	126
12	IRB Lalitpur Tollway Private Limited	394	355
13	IRB Kota Tollway Private Limited	70	61
14	IRB Gwalior Tollway Private Limited	114	106
15	IRB Harihara Corridors Private Limited #	154	-
16	IRB Tumkur Chitradurga TollwayLimited	419	379	IRB InvIT Fund (Public InvIT)
17	IRB Pathankot Amritsar Toll Road Limited	148	130
18	IRB Jaipur Deoli TollwayLimited	189	161
19	M.V.R. Infrastructure & Tollways Limited	163	155
20	IRB Talegaon Amaravati TollwayLimited	84	80
21	Kaithal TollwayLimited*	127	114
22	Kishangarh Gulabpura Tollway Limited*	244	212
23	IRB Hapur Moradabad Tollway Limited*	305	259
	Total:	7,503	6,502

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

Traffic Growth Remains Strong as IRB Group Achieves Approx. 15% YoY Growth in Aggregate Toll Revenue in January 2026

Mumbai, February 6, 2026: IRB Group, India’s leading and the largest toll roads infrastructure developer, comprising parent company IRB Infrastructure Developers Limited and its sponsored two Infrastructure Investment Trusts (InvITs), viz., IRB Infrastructure Trust (listed Private InvIT) and IRB InvIT Fund (listed Public InvIT) have collectively reported approx.15% Y-O-Y growth in the Toll Revenue for the month of January 2026 over corresponding month of FY25, i.e., January 2025.

The aggregate Toll Revenue of all three entities for January 2026 is Rs.750Crs, as against Rs.650Crs in January 2025.

Commenting on this, Mr. Amitabh Murarka, Dy. CEO of the IRB Infra said, “We are positively encouraged by the year-on-year traffic growth across our portfolio in January 2026. This momentum is expected to accelerate with the commencement of toll collection on TOT-17 from January 23, 2026, with early collection trends in line with our bid estimates.”

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

Sr. No	Company Name	January 2026 (Rs. In Mn)	January 2025 (Rs. In Mn)	Relationship with Entities
1	IRB MP Expressway Pvt Limited (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4)	1,627	1,552	Wholly – owned Subsidiaries
2	IRB Ahmedabad Vadodara Super Express Tollway Pvt. Limited (Ahmedabad Vadodara Expressway NE1 & Highway NH48)	844	699
3	CG Tollway Limited (Chittorgarh to Gulabpura NH79)	373	331	IRB Infrastructure Trust (Private InvIT)
4	Udaipur Tollway Limited (Udaipur to Shamlaji NH48)	305	280
5	Palsit Dankuni Tollway Private Limited (Palsit to Dankuni NH19)	263	161
6	AE Tollway Limited (Agra to Etawah NH19)	240	217
7	Yedeshi Aurangabad Tollway Limited (Yedeshi to Aurangabad NH211)	250	210
8	IRB Westcoast Tollway Limited (Karwar to Kundapura NH66)	141	126
9	Solapur Yedeshi Tollway Limited (Solapur to Yedeshi NH211)	138	110
10	IRB Golconda Expressway Private Limited (Hyderabad Outer Roing Road)	778	678
11	Samakhiyali Tollway Private Limited (Samakhiyali to Santalpur NH27)	133	126

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Press Release

12	IRB Lalitpur Tollway Private Limited (Lalitpur Lakhnadon NH44– TOT 12)	394	355
13	IRB Kota Tollway Private Limited (Kota Bypass– TOT 13)	70	61
14	IRB Gwalior Tollway Private Limited (Jhansi Gwalior NH44– TOT 13)	114	106
15	IRB Harihara Corridors Tollway Private Limited* (Lucknow-Ayodhya-Gorakhpur NH27 & Lucknow-Sultanpur NH731– TOT 17)**	154	-
16	IRB Tumkur Chitradurga Tollway Limited (Tumkur Chitradurga NH48)	419	379	IRB InvIT Fund (Public InvIT)
17	IRB Pathankot Amritsar Toll Road Limited (Pathankot Amritsar NH54)	148	130
18	IRB Jaipur Deoli Tollway Limited (Jaipur Deoli NH12)	189	161
19	M.V.R. Infrastructure & Tollways Limited (Omalur Salem Namakkal NH44)	163	155
20	IRB Talegaon Amaravati Tollway Limited (Talegaon Amaravati NH53)	84	80
21	IRB Hapur Moradabad Tollway Limited (Hapur to Moradabad NH9)	305	259
22	Kaithal Tollway Limited (Kaithal to Rajasthan Border NH152/65)	127	114
23	Kishangarh Gulabpura Tollway Limited (Kishangarh to Gulabpura NH79A & NH79)	244	212
	Total	7,503	6,502

*Commenced Tolling with effect from 23[rd] January 2026

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 1,50,000 vehicles across all highway assets, the Group contributes around 10% in the National Toll Revenue, with robust 97% FASTag penetration through approx. 1,000 FASTag compliant lanes at 86 Toll Plazas existing at Group’s highway assets across the Nation.

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Press Release

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 ‘forwardlooking 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.

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Press Release

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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