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IRB Infrastructure Developers Limited has executed a letter agreement dated December 30, 2025, in furtherance of its previous letters dated November 29, 2021, and December 31, 2021. This agreement pertains to an investment agreement originally executed among IRB Infrastructure Developers Limited, Cintra INR Investments BV ("Cintra"), Mr. Virendra D. Mhaiskar, IRB Holding Private Limited, and other members of the Promoter and Promoter Group of the Company.

The purpose of the Letter Agreement is to vary certain terms of the aforementioned Investment Agreement. Specifically, Cintra has provided a waiver and release of certain obligations of the Promoter and the Promoter Group under the original investment agreement. The parties to this Letter Agreement include IRB Infrastructure Developers Limited, Cintra INR Investments BV, Mr. Virendra D. Mhaiskar, IRB Holding Private Limited, Mrs. Deepali Mhaiskar, and Virendra D. Mhaiskar HUF. The announcement confirms that the transaction does not fall within related party transactions and is not done at an arm's length basis. No significant terms, special rights, or shareholding details were specified as Nil or Not Applicable in the annexure.