Notice of 97th Annual General Meeting and Annual Report 2025-26

Reliance Infrastructure Limited CIN : L75100MH1929PLC001530 Tel: +91 22 4303 1000 Regd. Office: www.rinfra.com Reliance Centre, Ground Floor, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001 July 23, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C/1, G Block, Bandra Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE Scrip Code: 500390 NSE Scrip Symbol: RELINFRA Dear Sir(s), Sub: Notice of 97th Annual General Meeting and Annual Report 2025-26 We enclose herewith the Annual Report for the financial year 2025-26, including the Notice convening 97th Annual General Meeting of the Members of the Company scheduled to be held on Friday, August 14, 2026 at 10.00 A.M. (IST) through Video Conferencing / Other Audio Visual Means. The Annual Report is being sent through electronic mode to those Members whose e-mail addresses are registered with the Company / Registrar and Transfer Agent (RTA) / Depository Participants (DPs). Further, in accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a letter with web links and QR code to access the Annual Report is also being sent to all such shareholders whose email addresses are not registered with the Company. The Company will provide to its Members, the facility to cast their vote(s) on all resolutions set out in the Notice by electronic means (‘e-voting’). The detailed process to join meeting through video conferencing / other audio-visual means and e-voting are set out in Notice. The Annual Report containing the Notice is also uploaded on the Company's website www.rinfra.com and also on the website of the RTA, KFin Technologies Limited, at www.kfintech.com. Yours faithfully, For Reliance Infrastructure Limited Paresh Rathod Company Secretary Encl.: As above Annual Report 2025-26 Padma Vibhushan Dhirubhai H Ambani: The Karmayogi 28 December 1932 - Forever Visionary Founder of Reliance Pursue your goals even in the face of difficulties and convert adversities into opportunity. Reliance Infrastructure Limited Annual Report 2025-26 Corporate Information Board of Directors Auditors Ms. Manjari Kacker Paresh Rakesh & Associates LLP Non-Executive Chaturvedi & Shah LLP (upto FY 2025-26) Independent Director Registered Office Ms. Chhaya Virani Reliance Centre, Ground Floor, Non-Executive 19, Walchand Hirachand Marg, Independent Director Ballard Estate, Mumbai 400 001 Shri Virendra Singh Verma CIN: L75100MH1929PLC001530 Non-Executive Tel: +91 22 4303 1000 Independent Director E-mail: rinfra.investor@reliancegroupindia.com Dr. Thomas Mathew Website: www.rinfra.com Non-Executive Registrar and Transfer Agent Independent Director KFin Technologies Limited Shri Rajesh Kumar Dhingra Unit: Reliance Infrastructure Limited Non-Executive Selenium Building, Tower-B, Non-Independent Director Plot No 31 & 32, Shri Vijesh Babu Thota Survey No. 116/22, 115/24, 115/25 Financial District,Nanakramguda Executive Director and Hyderabad, Telangana, India- 500 032 Chief Executive Officer Website: www.kfintech.com Key Managerial Personnel Investor Helpdesk Shri Asheesh Chaturvedi Toll free no. (India) : 1800 309 4001 Chief Financial Officer E-mail : einward.ris@kfintech.com Shri Paresh Rathod Company Secretary & Compliance Officer Contents Statutory Pg Reports 02-113 Notice 02 Directors’ Report 17 Management Discussion and Analysis 36 Business Responsibility and Sustainability Report 56 Corporate Governance Report 88 Investor Information 107 Financial Pg Statements 114-326 Standalone Financial Statements 114 Consolidated Financial Statements 204 97th Annual General Meeting on Friday, August 14, 2026 at 10:00 A.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) Reliance Infrastructure Limited Annual Report 2025-26 Notice NOTICE is hereby given that the 97th Annual General Meeting remuneration of the Statutory Auditors in consultation with (“AGM”) of the Members of Reliance Infrastructure Limited will the Audit Committee and the Statutory Auditors and to be held on Friday, August 14, 2026 at 10:00 A.M. (IST) through do all acts and take all such steps as may be necessary, Video Conferencing / Other Audio-Visual Means, to transact the proper or expedient to give effect to this resolution.” following business: Special Business: Ordinary Business: 4. Appointment of Secretarial Auditors 1. To consider and adopt: To consider and, if thought fit, to pass the following a) the audited financial statement of the Company for the resolution as an Ordinary Resolution: financial year ended March 31, 2026 and the reports “RESOLVED THAT pursuant to the provisions of of the Board of Directors and Auditors thereon; and Section 204 and other applicable provisions, if any, of the b) the audited consolidated financial statement of the Companies Act, 2013 read with Companies (Appointment Company for the financial year ended March 31, 2026 and Remuneration of Managerial Personnel) Rules, 2014 and the report of the Auditors thereon. (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) and Regulation 24A 2. To appoint a director in place of Shri Rajesh of the Securities and Exchange Board of India (Listing Kumar Dhingra (DIN: 03612092), who retires by Obligations and Disclosure Requirements) Regulations, rotation under the provisions of the Companies 2015, as amended from time to time, and based on the Act, 2013, and being eligible, offers himself for re- recommendation of the Audit Committee and the Board appointment. of Directors, M/s. Vijay S. Tiwari & Associates, Practicing Company Secretaries (COP No. 12220), be and are hereby 3. Appointment of Statutory Auditors appointed as the Secretarial Auditors of the Company, for a term of five consecutive financial years commencing from To consider and, if thought fit, to pass the following April 01, 2026 till March 31, 2031. resolution as an Ordinary Resolution: RESOLVED FURTHER THAT the Board of Directors “RESOLVED THAT pursuant to the provisions of Sections of the Company be and is hereby authorised to fix the 139, 142 and other applicable provisions, if any, of the remuneration of the Secretarial Auditors in consultation Companies Act, 2013 read with the Companies (Audit with the Audit Committee and the Secretarial Auditors and and Auditors) Rules, 2014 (including any statutory to do all acts and take all such steps as may be necessary, modification(s) or re-enactment(s) thereof, for the time proper or expedient to give effect to this resolution.” being in force) and based on the recommendation of the Audit Committee and the Board of Directors, M/s. Paresh 5. Remuneration to Cost Auditors Rakesh & Associates LLP, Chartered Accountants (Firm Registration no. 119728W / W100743), be and are hereby To consider and, if thought fit, to pass the following appointed as Statutory Auditors of the Company to fill in the resolution as an Ordinary Resolution: casual vacancy caused by the resignation of M/s. Chaturvedi & Shah LLP (Firm Registration No. 101720W / W100355) “RESOLVED THAT pursuant to the provisions of Section to hold office from May 23, 2026, until the conclusion of the 148 and other applicable provisions, if any, of the Companies 97th Annual General Meeting of the Company. Act, 2013, read with the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or RESOLVED FURTHER THAT subsequently, M/s. Paresh re-enactment(s) thereof, for the time being in force), M/s. Rakesh & Associates LLP, Chartered Accountants (Firm Talati & Associates, Cost Accountants (Firm Registration Registration no. 119728W / W100743) be and are hereby No. R00097) appointed as the Cost Auditors of the appointed as Statutory Auditors of the Company for a term Company for the financial year ending March 31, 2027, of five consecutive years, to hold office from the conclusion be [Showing first 8,000 characters — download PDF for full document]