The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Axis Trustee Services Ltd

ATSL/CO/26-27/2766 July 23, 2026 National Stock Exchange of BSE Limited Afcons Infrastructure India Limited Phiroze Jeejeebhoy Towers, Limited Exchange Plaza, 5tthhFloor, Plot No. Dalal Street, Fort, 16, Afcons House, Veera C/1, Mumbai –400 001 Desai G Block, Bandra -Kurla Complex Road, Shah Industrial Estate, Bandra (E), Mumbai 400 051 Andheri (West), Mumbai Maharashtra, 400053 Subject: Disclosure under Regulation 29(1) read with Regulation 29(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended (“Takeover Regulations”). Dear Sir/Madam, We write in our capacity as Pledgee for various facility. In this connection, pursuant to Regulation 29(1) of the Takeover Regulations, we submit the enclosed disclosure in respect of encumbrance created over the equity shares of Afcons Infrastructure Limitedin our favour. We wish to clarify that we do not hold any beneficial interest in the shares, and the shares have been encumbered in our capacity of Debenture Trustee pursuant to Regulation 29 of the Takeover Regulations We request you to take the same on record and acknowledge the same. Yours faithfully, ForAxis Trustee Services Limited ANIL Digitally signed by ARJUN ANIL ARJUN MARU DDaattee:: 22002266..0077..2233 MARU 1122::4400::0022 ++0055''3300'' Authorised Signatory Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 PARTA Name of the Target Company (TC) Afcons Infrastructure Limited Name(s) of the acquirer/pledgee and Persons Axis Trustee Services Limited (ATSL) acting as Acting in Concert (PAC) with the acquirer/pledgee Pledgee. Whether the acquirer/ pledgee belongs to NNoo Promoter / Promoter group Name(s) of the Stock Exchange(s) where the National Stock Exchange of India Limited shares of TC are Listed BSE Limited Details of Acquisitionas follows Number % w.r.t.total % w.r.t. total share/voting diluted capital share/voting wherever capital of the Applicable (**)) TC (**) Before the acquisitionunderconsideration, holding of acquirer along with PACs of: a) Shares carrying voting rights Nil Nil Nil bb)) Shares in the nature of encumbrance (pledge Nil Nil Nil including corporate action.i.e., Bonus shares /lien/non-disposal undertaking/others) cc))Voting rights (VR) otherwise than by equity Nil Nil Nil shares dd))Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) ee))Total (a + b + c + d) Nil Nil Nil Details of acquisition a) Sharescarrying voting rights acquired /sold Nil Nil b) VRs acquired otherwise than by equity shares Nil Nil c) Warrants/convertible securities/any other Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired 9,20,72,053 25.03% 25.03% d) ) Shares in the nature of encumbrance (pledge (See Note (See Note (See Note / lien non-disposal / undertaking/others) below) below) below) ee))Total (a + b + c + d) 9,20,72,053 25.03% 25.03% After the acquisition, holding of acquirer along with PACs of: Nil Nil Nil a) Shares carrying voting rights acquired b) VRs otherwise than by equity shares Nil Nil Nil c) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition. d)Shares in the nature of encumbrance (pledge / 9,20,72,053 25.03% 25.03% lien non-disposal undertaking/ others) (See Note (See Note (See Note below) below) below) Total (a + b + c + d) 9,20,72,053 25.03% 25.03% Mode of acquisition (e.g. open market / public See Note below issue / rights issue / preferential allotment / inter se transfer etc). Salient features of the securities acquired including Not applicable time till redemption ratio at which it can be converted into equity shares, etc. Date of acquisition of / date of receipt of intimation 21 July 2026 of allotment of shares / VR/warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC Equity share capital / total voting capital of the TC Rs. 3,67,78,46,310 (consisting share quantity of before the said acquisition 3,67,78,46,31 of face value Rs. 10 each) Equity share capital/ total voting capital of the TC Rs. 3,67,78,46,310 (consisting share quantity of after the said acquisition 3,67,78,46,31 of face value Rs. 10 each) Total diluted share/voting capital of the TC after Rs. 3,67,78,46,310 (consisting share quantity of the said acquisition 3,67,78,46,31 of face value Rs. 10 each) Note Eqyizen Investment Private Limited (“Eqyizen”) has pursuant to debenture trust deed dated 1133 June (as amended or amended and restated from time to time) ((““Debenture Trust Deed”) entered into between Eqyizenand Axis Trustee Services Limitedin its capacity as the debenture trustee ((““Debenture Trustee”), has issued debentures to certain debenture holders. Goswami Infratech Private Limited ((““GIPL”) holds 9,20,72,053 shares in Afcons Infrastructure Limited ((““Afcons””)). Pursuant to the terms of the Debenture Trust Deed, GIPL has created a pledge over 9,20,72,053 equity shares of Afcons constituting 25.03% of the share capital of Afcons in favour of the Debenture Trusteeon 21 July 2026. PartB Name of the Target Company–Afcons Infrastructure Limited Name(s) of the acquirer and Whether the acquirer belongs PAN of the acquirer and / or Persons Acting in Concert to the promoter / promoter PACs (PAC) with the acquirer group Axis Trustee Services Limited NNoo AAHCA3172B (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. (***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated. Yours faithfully, ForAxis Trustee Services Limited AANNIILL AARRJJUUNN Digitally signed by ANIL ARJUN MARU MARU DDaattee:: 22002266..0077..2233 12:40:22 +05'30' Authorised Signatory Place: Mumbai Date:July 23,2026