IRB Infrastructure Developers Limited — Interim / Quarterly Report 2021

Nov 2, 2021

Date: November 2, 2021

Corporate Relationship Department,	Listing Department,
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers	Exchange Plaza, C-I Block G
Dalal Street. Mumbai- 400001.	Bandra Kurla Complex, Bandra (E), Mumbai.

Dear Sir/Madam,

Ref: Scrip Code 532947; Symbol: IRB

Sub: Disclosure under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to above, we are enclosing herewith the disclosure on Related Party Transactions on a consolidated basis for the half year ended September 30,2021 as required under regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

You are requested to take note of the same.

Thanking you,

Yours faithfully,

Mehul Patel Company Secretary & Compliance Officer

IRD Infrastructure Developers Limited

Related party disclosure on consolidated basis for the half year ended 30lh Selltember 2021:

List of reI. ted parties
--------------------------

	Description of relationship	Names of related p.,·ties
a)	Joint ventures/ Entities controlled by Joint ventures	MMK Toll Road PI ivate Limited
	(Only with whom there have been transactions during the period or IRB InrrastruetUle 1'l1Ist thele was balance outstanding at the pel iod end)
		SubSidiaries of the Joint Venture -IRB Injras(l'IIctllre Trllsl
		IRS Westcoast Tollway Limited
		Solapln Yedeshi Tollway Limited
		Yedeshi Aurangabad Tollway Limited
		IRS Hapur Moradabad Tollway Limited
		AE Tollway Limited
		Udaipur Tollway Limited
		CG Tollway Limited
		Kishangarh GulabpUl a Tollway Limited
		Kaithal Tollwav Limited
b)	Ente!')";ses owned or significantly inlluenced by key management personnel 01' their relatives (Entel'prises) (Only	Mhniskm Ventnres Private Limited (Fonnerly known as Ideal Sol't Tech Pal k Private Limited)
	wilh whom there have been transactions during the period 01 thele	V. O. Mhaiskar (HUF)
	was balance olltstanding at the period end)	VCR Toll Services Private Limited
		Loch l'ynne Ltd
		IRS Charitable FOllndation
	Key Mllllagement Persollnel	Mr. Virendl-a D. Mhaiskar~ Chainnan and Managing Director
	(Only wilh whom there have been transactions dUl ing the period 01	MI'. SlIdhir Rao Hoshing, Joint Managing oileelol nnd Chief Executive
	thele was balance olltstanding at the period end)	Officer (Execlltion) (w.e.f. March 26, 2021)
		MI Mllkeshlal Gupta, Joint Managing Director
		MIS. oeepali V. Mhaiskar, Whole time oileetol'
		Mr. Chandrashekhar S Kaplan, Independent oileelOl
		Mr. Sunil H Talati, Independent oireetOl
		Mr. Sandeep Shah, Independent oireetOl
		M,s. Heena 1-1 . Raja, Independent DirectOl
		MI'. Tushar Kawedia, Group Chief Financial Ollieer and Chief Financial
		Ollicer (w.e f. Mmeh 26, 2021)
		Mr, Mehul N Patel. Company Secrelary

HRB Infrastructure Developers Limited
Transactions with Related Parties the half year ended 30th September 2021:

				(Rs. in Millions)
Sr. No.	Particulars	Enterprises owned or significantly influenced by key management personnel or their relatives	Jolut Ventures/ Entities controlled by Joint Ventures	Key Management Personnel / Relatives of Key Management Personnel
Ε	Director sitting fees	٠	$\alpha$ :	1.67
	Virendra D. Mhaiskar	٠	$\bullet$	0.05
	Deepali V. Mhaiskar	$\tilde{\phantom{a}}$	$\scriptstyle\rm m$	0.02
	Sudiur Rao Heshing	٠	$\sim$	0.05
	Tushar Kawedia	$\overline{\phantom{a}}$	$\sim$	001
	Sunil H Talati	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$	028
	Chandrashekhat S Koptan	$\tilde{\phantom{a}}$	۰	0.43 0.57
	Sandeep Shah Heena Raja	٠	۰ ×	0.26
$\overline{2}$	Remmeration paid	$\alpha$	$\blacksquare$	119.72
	Virendra D. Mhaiskar	٠	é	38.29
	Deepali V. Mhaiskar	٠	$\sim$	28.36
	Sudhir Rao Hoshing	$\bullet$	$\bullet$	23.75 22.24
	Mukeshlal Gupta Tushar Kawedia	¥ ٠	$\sim$ ٠	348
	Mehul N. Patel	$\blacksquare$	٠	3 60
$\overline{\mathbf{3}}$	Rent Paid	٠	٠	1.53
	Virendra D Mhaiskar	×	٠	1.08
	Deepali V Mhaiskar	٠	۰	0.45
$\overline{4}$	Douation given	2.22	٠	$\,$
	IRB Charitable Foundation	2.22	×.	$\overline{a}$
5	Contract revenue	٠	13,078.21	٠
	IRB Westcoast Tollway Limited	$\overline{\phantom{a}}$	1,184.93	$\overline{a}$
	Yedeshi Aurangabad Tollway Limited		1.56	$\overline{\phantom{a}}$
	IRB Hapur Moradabad Tollway Limited AE Tollway Limited	۰	6,044.88 17.06	$\sim$
	Udaipur Tollway Limited	٠	1.959.55	$\frac{1}{2} \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right)$
	CG Tollway Limited	$\alpha$	2,255.04	٠
	Kishangarh Galabpura Tollway Limited	٠	1,015.19	$\overline{\phantom{a}}$
ë				×
	Operation and maintenance revenue IRB Westcoast Tollway Limited	٠ $\hat{\phantom{a}}$	871.26 105.91	÷.
	Solapar Vedeshi Tollway Limited	×	72 34	$\overline{\phantom{a}}$
	Yedeshi Aurangabad Tollway Limited	$\overline{a}$	100.14	$\frac{1}{2}$
	Kaithal Tollway Limited	×	82.50
	IRB Hapur Moradabad Tollway Limited	٠	36.04	$\bar{ }$
	AF. Tollway Limited Udaipur Tollway Limited	٠ $\omega$	152.38 86.62	÷.
	CG Tollway Limited	$\overline{\phantom{a}}$	138.77	÷
	Kishangach Gulabpura Tollway Limited	٠	96.56	÷
7	Expenses incurred on hebalf of (reimbursement)	٠	1.77	×
	IRB Infrastructure Trust	$\overline{\phantom{a}}$	1.77	٠
8	Interest unwinding on loan given		24.42	×
	IRB Infiastructure Trust	۰	24.42	z
0	Trailing Sales	$\tilde{\phantom{a}}$	841.16	$\omega$
	IRB Hapur Moradabad Tollway Limited.	ä	841.16	á.
10	Current loans (payable on demand and interest free) given	٠	4,211.70	$\overline{\phantom{a}}$
	IRB Infrastructure Trust	٠	4,211.70	$\circ$
11	General advance received	٠	2,800.52	$\alpha$
	Solapur Yedeshi Tollway Limited	$\sim$	22.27	$\mu$
	AE Tollway Limited Udaipur Tollway Limited	×. $\omega$	96.78 191.96	w $\sim$
	CG Tollway Limited		78.14	$\sim$
	IRB Hapur Moradabad Tollway Limited	ο	2,411.37	ĩ.
12	Current loans (payable on demand and interest free) repayment	×.	4,828.83	×
	received IRB Infrastructure Trust		4.828.83	×
13	Retention and held-up amount during the period		87.58
	IRB West Coast Limited		31.77	$\overline{a}$
	Yedeshi Aurangabad Tollway Limited		0.03
	AE Tollway Limited CG Tollway Limited		2.13 32.07
	IRII Hapur Moradabad Tollway Ltd-		21.26.
	Udnipur Tollway Limited		0.32
4	Retention and held-up amount release during the year		26.03
	IRB West Coast Limited		4.60
	CG Tollway Limited		21.43
15	Investment - Units allotment		4,556.13
	IRB Infrastructure Trust		4,550 13

$\overline{\phantom{a}}$	--
Guarantees Cancelled	460.00
AE Tollway Limited	460.00
		____

$\ddot{\phantom{a}}$

IRB Infrastructure Developers Limited
Balances of Related Parties as on 30th September 2021;

				(Rs. in Millions)
Sr. No.	Particulars	Enterprises owned or significantly influenced by key management personnel or their relatives	Joint Ventures/ Entitles controlled by Joint Ventures	Key Management Personnel / Relatives of Key Management Personnel
Ľ	Loan taken VCR Toll Scrvices Private Limited	13.67 13.67	٠ ë	٠
$\mathbf{2}$	Other receivable	ï	33,187.RB
	IRB Westcoast Tollway Limited	ë	0.16	$\blacksquare$
	AE Tollway Limited	۰	31.25	$\overline{a}$
	Udaipur Tollway Limited	$\alpha$	20.60	٠
	IRH Hapur Moradabad Tollway Limited		14.45	×,
	Yedeshi Aurangabad Tollway Limited	$\sim$	125.24	$\alpha$
	MMK Toll Road Private Limited	۰	237	$\overline{\phantom{a}}$
	Kaithal Tollway Limited	٠	1.72	$\overline{\phantom{a}}$
	IRB Infrastructure Trust	×,	32 992 08	۰
3	Director sitting fees payable	۰	×.	0.11
	Virendra D. Mhaiskar		×	0.02
	Deepali V. Mhaiskar	٠	i.	001
	Sudhir Rao Hoshing	÷	$\overline{\phantom{a}}$	0.02
	Heena Raja	×	ë	0.00
	Sandeep Shah	é,	$\cdot$	0.06
4	Short term loan given IRB Charitable Foundation	0.25 0.25	3,538.44	29.90
	Udainst Tollway Limited	$\bullet$	219.09	× ÷,
	Solapur Yedeshi Tollway Limited	٠	90.82	$\alpha$
	Yedeshi Aurangabad Tollway Limited	$\overline{a}$	167.90	۰
	IRB Infrastructure Trust	$\sim$	3,060.63	$\sim$
	Mr. Sudhir Rao Hoshing	×,	٠	29.90
5	Traile receivables	×	7,789.23	×
	IRB Westcoast Tollway Limited Solapur Yedeshi Tollway Limited	÷	1.016.25	۰
	Yedeshi Aurangabad Tollway Limited	i, ٠	194.34 556.64	¥ ÷
	Kaithal Tollway Limited	ë	91.69	$\omega$
	IRB Hapur Moradabad Tollway Limited	ò.	5982	×
	AE Tollway Limited	$\overline{\phantom{a}}$	9.99	٠
	Udaipur Tollway Limited	×	2,661 39	$\equiv$
	CG Tollway Limited	٠	1,923.99	÷.
	Kishangarh Gulabpura Tollway Limited	ò.	1,275.12	ż
6	Mobilisation advance received	×,	435.80	$\overline{a}$
	IRB Westcoast Tollway Limited	$\sim$	736.42	$\frac{1}{2}$
	Kishangarh Gulabpura Tollway Limited	٠	205.38	٠
$\overline{\phantom{a}}$	Advance from customers IRB Hapur Monidabad Tollway Limited	٠	792.72	÷
	AE Tollway Limited	٠ $\blacksquare$	570.62 121.57	×.
	Solapur Yedeshi Tollway Limited	۰	22.27	٠
	CG Tollway Limited	×.	78.23	ä
	Yedeshi Aurangabad Tollway Limited	$\overline{\phantom{a}}$	0.03	$\overline{\phantom{a}}$
X	Retention money/heldup receivable	$\overline{\phantom{a}}$	251.89	$\sim$
	IRB Hapur Moradabad Tollway Limited Vedeshi Aurangabad Limited	¥	21.26 23,42	٠
	bomid, Following 3A	$\overline{a}$ $\overline{a}$	22.46	$\hat{\phantom{a}}$ $\overline{a}$
	IRB Westcoast Tollway Limited		77.90
	Solapur Yedeshi Tollway Limited		2.18	$\overline{a}$
	Kuithal Tollway Limited	٠	2.55	÷
	CG Tallway Limited Udaipm Tollway Limited		62.66 39.46	٠
		u.		÷
ą	Contract Assets	٠	4,165.20	r.
	CG Tollway Limited	×	855,40	×.
	Kishangach Gulubpura Tollway Limited	×	1,197.42	$\overline{\phantom{a}}$
	IRB Hapur Moradabad Tollway Limited	×	2,112.39	÷.
10	luvestments in Joint Ventures	×	41.089.77	$\sim$
	MMK Toll Road Private Limited IRB Infrastructure Trust	× ¥	52,27 41037.5	$\sim$ í,
U.	Trade Payable	15.64	0.51	٠
	AE Tollway Limited	×	0.51	$\alpha$
	Loch Fynne Limited	15.64	÷	×.
12	Other payables	$\overline{a}$	$\sim$	12.11
	Virendra D. Mhaiskar	$\overline{\phantom{a}}$	٠	3.36
	Deepali V Mhaiskar	۰	z,	2.55
	Mukeshlal Gunta	$\begin{array}{c} \begin{array}{c} \begin{array}{c} \begin{array}{c} \end{array} \end{array} \end{array} \end{array} \end{array}$	$\overline{\phantom{a}}$	214
	Sudhir Rao Hoshing	$\blacksquare$	ä,	3.17
	Tushar Kawedia	۰	$\sigma$	0.51
	Mehal N. Patel			0.38