Please find enclosed the Press Release titled " Afcons receives LOA for Rs. 1,918 Cr desalinated water tunnel project in Mumbai"

August 06, 2026 To To BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai 400001. Bandra (East), Mumbai 400 051. Scrip Code: 544280 Symbol: AFCONS Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) – Press Release We are enclosing herewith a copy of Press Release titled “ Afcons receives LoA for ₹1,918-cr desalinated water tunnel project in Mumbai” The Project Award Value is Rs. ₹1,918 Crores (Inclusive of GST and O&M) Please note that the order(s) mentioned in the Press Release have been received in the normal course of business. Kindly take the same on records Yours faithfully, For Afcons Infrastructure Limited Gaurang Parekh Company Secretary and Compliance Officer Membership No.: F8764 Afcons Infrastructure Limited Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com www.afcons.com | CIN No.: L45200MH1976PLC019335 Date: 06.08.2026 Press Release Afcons receives LoA for ₹1,918-cr desalinated water tunnel project in Mumbai Manori-to-Mahavir Nagar tunnel critical to boost Mumbai’s water supply Mumbai – Afcons Infrastructure Ltd has announced that it has received the Letter of Acceptance (LoA) from Brihanmumbai Municipal Corporation (BMC) for the Design and Construction of a Desalinated Water Conveyance Tunnel from the proposed Water Pumping Station at Manori to Charkop, extending further to Mahavir Nagar (Kandivali), Mumbai. The project is valued at ₹1,918 crores, including GST and O&M. Mr Krishnamurthy Subramanian, Executive Chairman, Afcons Infrastructure Ltd, said, "The desalinated water conveyance tunnel is a critical step towards ensuring sustainable water supply for Mumbai and stands as a testament to our engineering excellence and execution capabilities." Mr S Paramasivan, Managing Director, Afcons Infrastructure Ltd, said, "We are honoured to partner with BMC once again. Alongside the Kasheli–Mulund water conveyance tunnel, this complex desalinated water tunnel project will be executed on time while maintaining the highest standards.” (L-R: Mr Dilip Patil, Chief Engineer, Water Supply Projects, BMC; Mr Kshitiz Bhasker, Director - Business Development, Afcons; Mr Purushottam Malvade, Dy Municipal Commissioner (Special Engineering), BMC; Mr Sandeep Abhyankar, Joint General Manager, Afcons; Mr Shailesh Patil, Dy Chief Engineer, Water Supply Projects, BMC) Afcons Infrastructure Limited Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com www.afcons.com | CIN No.: L45200MH1976PLC019335 In India, Afcons has successfully delivered and is currently executing several hydro, water supply, and water tunnel projects. Some of these projects include BMC's 7.13 km underground water conveyance tunnel from Kasheli to Mulund, CIDCO's 8.7 km treated water tunnel in Navi Mumbai, Rural Water Supply Scheme in Uttar Pradesh, and Water Supply Project in Rajasthan. Afcons has also constructed Annaram Barrage in Telangana, part of the world's largest multi-stage irrigation project. Internationally, Afcons has delivered multiple water supply projects across Africa, including in Tanzania, Ivory Coast, Benin, and Rwanda, further strengthening its global footprint in sustainable infrastructure development. About Afcons Infrastructure Ltd. Afcons Infrastructure Ltd is flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group. It has a legacy of over six decades, with strong track record of executing numerous technologically complex EPC projects both within India and internationally. The company has a footprint in 31 countries across South Asia, Africa, Middle East, and CIS. As per the latest ENR survey, Afcons is ranked in Top 140 international Contractors globally; 12th in Bridges and 8th in Marine & Ports. Media Contact: Naresh Sharma - naresh.sharma@afcons.com Vishwas Waghmode - vishwas.waghmode@afcons.com Afcons Infrastructure Limited Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com www.afcons.com | CIN No.: L45200MH1976PLC019335