Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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 August 05, 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: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Further to our letter dated September 25, 2024 and pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, we wish to inform that the Hon'ble National Company Law Tribunal, Mumbai bench (NCLT), vide its order dated July 22, 2026, received on August 05, 2026, has admitted the Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 filed by State Bank of India under Corporate Insolvency Resolution Process (CIRP), against KM Toll Road Private Limited (KM Toll Road), a wholly owned subsidiary of the Company, for a claim amount of INR 233.44 crore (including interest). The Company’s exposure of ~ INR 548 crore in KM Toll Road is already provided for in the books of accounts of the Company. The copy of the order is enclosed herewith. We request you to take the same on record. Yours faithfully, For Reliance Infrastructure Limited Paresh Rathod Company Secretary Encl: As above IN THE NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH, COURT – III C.P.(IB)-597(MB)/C-III/2024 Under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 In the matter of State Bank of India Having its Corporate Office at: State Bank Bhavan, Madame Cama Road, Nariman Point, Mumbai - 400021 Branch Office: Stressed Asset Resolution Group - Commercial Branch 112/115, 1st Floor, West Wing, Tulsiani Chambers, Free Press Journal Marg, Nariman Point, Mumbai – 400021 … Financial Creditor KM Toll Road Private Limited Reliance Centre, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai – 400001 CIN: U45203MH2010PTC199705 ... Corporate Debtor Order pronounced on: 22.07.2026 Coram: Sh. Hariharan Neelakanta Iyer Ms. Lakshmi Gurung Member (Technical) Member (Judicial) Appearances: For the Financial Creditor : Sr. Adv. Pradeep Sancheti, Adv. Shriraj Khambete a/w Adv. Rounak Doshi Page 1 of 33 C.P.(IB)-597(MB)/C-III/2024 For the Corporate Debtor : Adv. Rohit Gupta a/w Adv. Ayaan Zariwalla a/w Ms. Bhakti Chandan i/b Mulla & Mulla and Craigie Blunt & Caroe Per: Sh. Hariharan Neelakanta Iyer, Member (Technical) 1. This Petition is filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (Code) by the State Bank of India (Financial Creditor/Petitioner) for initiating Corporate Insolvency Resolution Process (CIRP) against M/s. KM Toll Road Private Limited (Corporate Debtor/Respondent) for alleged default in repayment of Rs. 122,12,84,985/- (Rupees One Hundred Twenty-Two Crores Twelve Lakhs Eight-Four Thousand Nine Hundred Eighty-Five only) excluding the accrued and penal interest. 2. Facts and submissions as emerging from the Petition 2.1 The National Highways Authority of India (NHAI) selected Reliance Infrastructure Limited (‘RIL’) for implementation of a highway project and accordingly issued the letter of Acceptance dated 12.01.2010. Pursuant thereto, the Corporate Debtor was incorporated by RIL on 04.02.2010 as a special purpose vehicle (SPV). 2.2 The Corporate Debtor entered into a Concession Agreement dated 10.03.2010 for implementing the highway project for a period of 25 years by way of an exclusive right, license and authority set out in the said agreement. The estimated cost of the project was Rs. 789 crores. 2.3 A Common Loan Agreement dated 25.01.2011 was executed between the Corporate Debtor and its lenders as per which the following lenders disbursed the requisite finance in the following proportion: Amount of Loan Name of the Lender (Rs. In Crores) State Bank of Hyderabad 85 Page 2 of 33 C.P.(IB)-597(MB)/C-III/2024 State Bank of Bikaner and Jaipur 85 Yes Bank Limited 109 Andhra Bank 125 Bank of Maharashtra 85 Corporation Bank 165 Karnataka Bank 50 Punjab & Sind Bank 85 Total 789 2.4 Subsequently, the following documents were executed: i. Lenders’ Agent Agreement dated 25.01.2011 executed by and between the lenders of the Corporate Debtor and Yes Bank Limited whereby it was agreed that Yes Bank was to act on behalf of all the lenders. ii. Security Trustee Agreement dated 25.01.2011 whereby the lenders appointed Axis Trustee Services Limited as the Security Trustee to the lenders. iii. Inter Creditor Agreement dated 25.01.2011 outlining the rights of the lenders. iv. Escrow Agreement. v. Substitution Agreement for securing the interest through assignment, transfer, and substitution of a concession to a nominated company. vi. Indenture of Mortgage dated 24.08.2012. 2.5 It is submitted that under the Common Loan Agreement, the Corporate Debtor was entitled to approach a bank or a financial institution or any agency of foreign currency loans to obtain additional finance to the extent of 50% of the credit facility under the Common Loan Agreement. Accordingly, the Corporate Debtor availed finance from Deutsche Investitions Und Estwickungsgesellshaft Mbh of USD 24.5 million (Rs. 151.84 crores). In view thereof, the lenders revised their financial Page 3 of 33 C.P.(IB)-597(MB)/C-III/2024 assistance to a sum not exceeding Rs. 667.75 crores. The revised break up of loan facilities is as follows: Name of the Lender Amount of Loan (Rs. In Crores) State Bank of Hyderabad 71 State Bank of Bikaner and Jaipur 85 Yes Bank Limited 33.75 Andhra Bank 125 Bank of Maharashtra 85 Corporation Bank 139 Karnataka Bank 42 Punjab & Sind Bank 85 Total (A) 665.75 Deutsche Investitions Und 151.84 Entwickungsgesellshaft Mbh (B) Total (A+B) 817.59 2.6 Subsequently, the lenders executed documents outlining the terms and conditions governing the position of the lenders inter se. A Supplemental Indenture of Mortgage dated 16.01.2024 was also executed between the Corporate Debtor and lenders to further secure the consortium loans. 2.7 It is submitted that due to the delay in the implementation of the project, the Corporate Debtor approached the State Bank of Hyderabad and State Bank of Bikaner and Jaipur vide letter dated 21.01.2015 seeking a restructuring and extension of time in repayment of the term loans. It is further submitted that the Corporate Debtor also requested an increase in the estimated project cost from Rs. 1128 crores to Rs. 1215.80 crores and for conversion of a part of the undisbursed term loan limits into letters of credit. 2.8 The State Bank of Hyderabad issued sanction letter dated 30.03.2015 and approved the modification of the existing terms and conditions. In the furtherance thereof, the lenders executed an Amendment Agreement Page 4 of 33 C.P.(IB)-597(MB)/C-III/2024 dated 19.05.2015 to the Common Loan Agreement. It is submitted that as per the said Amendment Agreement, the Corporate Debtor was to pay the instalments starting from 15.12.2016. 2.9 On 28.11.2016, a Drawdown Disbursement Certificate bearing Ref. No. MKPS/MUM/NK/306/2016-17 was issued wherein the Chartered Accountant has categorically certified that the Corporate Debtor has availed Rs. 1133.12 crores out of which Rs. 998.98 crores was obtained by way of term loans and other borrowed funds which includes the amounts extended by State Bank of Hyderabad and State Bank of Bikaner and Jaipur. 2.10 It is stated that the Corporate Debtor failed to comply with the repayment schedule under the Amended Agreement dated 19.05.2015. 2.11 On 11.01.2017, the Corporate Debtor issued a [Showing first 8,000 characters — download PDF for full document]