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OBEROI REALTY LIMITED Capital/Financing Update 2020

Dec 18, 2020

59434_rns_2020-12-18_7eddd89e-72a5-4f54-9e23-9b3005622d83.pdf

Capital/Financing Update

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December 18, 2020

Department of Corporate Services The Listing Department BSE Limited, National Stock Exchange of India Limited, Mumbai 400 001 Mumbai 400051 Through: BSE Listing Centre Through: NEAPS Scrip code: 533273 Scrip Symbol: OBEROIRLTY

Sub: Acquisition of a hotel property situate at Worli, Mumbai

Dear Sir,

We write to inform you that Evenstar Hotels Private Limited (“ Evenstar ”), a wholly owned subsidiary of the Company, has purchased and taken possession of a hotel property (together with appurtenant rights, proportionate interest in common areas, and conveniences) situate at Dr. Annie Besant Road, Worli, Mumbai, for a consideration of Rs. 1040,00,00,000 (Rupees One Thousand and Forty Crore only).

The hotel property is a 221 key ‘5 Star’ hotel and will be operated and managed under the Ritz-Carlton brand. Prior to the acquisition by Evenstar, the hotel property was owned by Oasis Realty (an association of persons), and is part of the project ‘Three Sixty West’ developed by Oasis Realty.

Kindly take the above on record.

Thanking you,

For Oberoi Realty Limited

Digitally signed by Bhaskar Kshirsagar DN: c=IN, o=Personal, title=5885, Bhaskar pseudonym=c4dc19225dcc79ee9cd4829ca128689a4aded74331ce1fc364f9a836b480 345f, postalCode=400097, st=Maharashtra, serialNumber=b2eb62e363f19c763398382 34df7f9d41d723445433eb20a41c89dfe1d5 Kshirsagar 0d306, cn=Bhaskar Kshirsagar Date: 2020.12.18 22:28:51 +05'30' Bhaskar Kshirsagar Company Secretary

Oberoi Realty Limited , Commerz, 3[rd] Floor, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (E), Mumbai – 400 063 Tel: +91 22 6677 3333 Fax: +91 22 6677 3333 www.oberoirealty.com Email: corporate@ oberoirealty.com CIN: L45200MH1998PLC114818