J. Kumar Infraprojects Limited — Capital/Financing Update 2023

Mar 24, 2023

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J. KUMAR INFRAPROJECTS LIMITED

Regd Off: CTS No. 448, 448/1, 449, Vile Parle (East), Subhash Road, Mumbai 400 057, Maharashtra, India, Phone: +91 22 67743555, Fax: +91 22 26730814, Email: info@jkumar.com , investor.grievances@jkumar.com , CIN: L74210MH1999PLC122886 , Website: www.jkumar.com

March 24, 2023

To,

The General Manager The Listing Department Department of Corporate Services National Stock Exchange of India Ltd BSE Ltd Exchange Plaza, Plot No. C/1, G- Block Mumbai Samachar Marg Bandra- Kurla Complex, Bandra East Mumbai - 400 001 Mumbai - 400 051

Scrip Symbol/Code: JKIL/532940 and ISIN: INE576I01022

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No: CIR/CFD/CMD/4/2015 dated September 09, 2015

• Ref: Receipt of Letter of Acceptance from M/s. Bangalore Metro Rail Corporation Limited for a total contract cost of Rs. 249, 19, 35, 187/- exclusive of GST, in the name of J. Kumar - AICPL (Joint Venture) where the share of M/s. J. Kumar Infraprojects Limited is 55% which comes to approximately Rs. 137,05,64,353/- exclusive of GST.

Dear Sir,

In connection with the Letter of Acceptance (“LOA”) as received to the Company, from M/s. Bangalore Metro Rail Corporation Limited, we wish to submit as under in this regard:

1. The Joint Venture Agreement is entered with M/s. AICPL.

2. The Promoters / Promoter Group / Group Companies do not have any interest in the entities that have awarded the project to the Company.

3. The same does not fall under the “Related Party Transactions”

4. The details of the contract awarded is given in the enclosure as “ANNEXURE - A”

5. The above contract needs to be executed in a time span of (821) Eight Hundred and Twenty One days from the date of commencement of work.

We request you to take this on record.

for J. Kumar Infraprojects Ltd

POORNIMA Digitally signed by POORNIMA CHINTAKINDI CHINTAKINDI Date: 2023.03.24 13:28:16 +05'30'

Poornima Company Secretary

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J. KUMAR INFRAPROJECTS LIMITED Regd Off: CTS No. 448, 448/1, 449, Vile Parle (East), Subhash Road, Mumbai 400 057, Maharashtra, India, Phone: +91 22 67743555, Fax: +91 22 26730814, Email: info@jkumar.com , investor.grievances@jkumar.com , CIN: L74210MH1999PLC122886 , Website: www.jkumar.com

ANNEXURE - A

We are in receipt of Letter of Acceptance from M/s. Bangalore Metro Rail Corporation Limited for the “Construction & Remoting of existing Baiyappanahalli Depot for Bangalore Metro Rail Project - Phase - 2A” for a total contract cost of Rs. 249, 19, 35, 187/- (Rupees Two Hundred and Forty-Nine Crores Nineteen Lakhs Thirty Five Thousand One Hundred and Eighty Seven only), exclusive of GST, in the name of J. Kumar - AICPL (Joint Venture) where the share of M/s. J. Kumar Infraprojects Limited is - 55% which comes to approximately Rs. 137,05,64,353/ (Rupees One Hundred Thirty Seven Crores - - Five Lacs Sixty Four Thousand Three Hundred and Fifty Three only) exclusive of GST.

POORNIMA Digitally signed by POORNIMA CHINTAKINDI CHINTAKINDI Date: 2023.03.24 13:28:33 +05'30'