Raajmarg Infra Investment Trust has informed the Exchange regarding Disclosure of material issue

RAAJMARG INFRA INVESTMENT MANAGERS PRIVATE LIMITED Regd. Off.: G-5 & 6, Sector-10, Dwarka, New Delhi – 110075 CIN: U66309DL2025PTC453624 Email id: info@riimpl.in; Tel.: – 011-25074100 Date: August 10, 2026 Corporate Relations Department Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 544734 S crip ID/Symbol: RIIT Subject: Submission of Valuation Report for the Assets of Raajmarg Infra Investment Trust as at the Quarter Ended June 30, 2026 Dear Sir / Madam, Pursuant to applicable provisions of Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended from time to time, read with circulars and guidelines issued thereunder (“SEBI InvIT Regulations”), we hereby submit the Valuation Report for the assets of Raajmarg Infra Investment Trust (“InvIT” or “Trust”) as at June 30, 2026, as issued by M/s RBSA Valuation Advisors LLP, the Independent Valuer having IBBI Registration Number: IBBI/RVE/05/2019/110 which provides the enterprise valuation as Rs. 10,053.0 Crore. Further, pursuant to Regulation 10(21) of the SEBI InvIT Regulations, the Net Asset Value (“NAV”) per unit of Trust as at June 30, 2026, based on the Valuation Report issued by the Independent Valuer is Rs. 109.79 per unit, as detailed below: Particulars As at June 30, 2026 (Rs. in Crores) Total Assets (A) 10,327.60 Total Liabilities (B) 3,739.93 Net Assets C = (A – B) 6,587.67 No. of outstanding units (D) 60.00 NAV per unit (Rs. Per unit) (C/D) 109.79 The above information is also available on the website of Raajmarg Infra Investment Trust i.e. https://raajmarginfratrust.in/. You are requested to take the above information on your record. Thanking you, Yours sincerely, For Raajmarg Infra Investment Managers Private Limited (acting as Investment Manager to Raajmarg Infra Investment Trust) Ms. Gunjan Rajpal Company Secretary and Compliance Officer RAAJMARG INFRA INVESTMENT MANAGERS PRIVATE LIMITED Regd. Off.: G-5 & 6, Sector-10, Dwarka, New Delhi – 110075 CIN: U66309DL2025PTC453624 Email id: info@riimpl.in; Tel.: – 011-25074100 Copy to: Trustee to the InvIT IDBI Trusteeship Services Limited Ground Floor, Universal Insurance Building, Sir Phirozshah Mehta Rd, Fort, Mumbai, Maharashtra – 400001 RBSA Valuation Advisors LLP VALUATION I INVESTMENT BANKING I RESTRUCTURING I TRANSACTION SERVICES TRANSACTION TAX I ADVISORY SERVICES RBSA Valuation Advisors LLP Report on the Valuation of Raajmarg 1 Projects Private Limited as of 30 June 2026 Registered Office: 912, Venus Atlantis Corporate Park, Anandnagar Main Road, Prahaladnagar, Ahmedabad - 380015 Tel: +91 79 4050 6000 Corporate Office: 1081 and 1081, Solitaire Corporate Park, Chakala, Andheri Kurla Road, Andheri (E) - 400 093 Tel: +91 22 6130 6000 Website: www.rbsa.in Email: contact@rbsa.in LLP IN: AAA-0842 RBSA Valuation Advisors LLP VALUATION I INVESTMENT BANKING I RESTRUCTURING I TRANSACTION SERVICES TRANSACTION TAX I ADVISORY SERVICES RBSA Valuation Advisors LLP Private and Confidential Report Reference No.: RVA2627 AM DRRN033 10/08/2026 Raajmarg Infra Investment Managers Private Limited GS & 6, Sector-10, Dwarka, New Delhi - 110075 Sub: Valuation of the Specified SPV (as defined below) of Raajmarg Infra Investment Trust as at 30th June 2026, pursuant to the SEBI (Infrastructure Investment Trusts) Regulations, 2014 Dear Sir, We refer to your letter of award dated 14th November 2025 wherein RBSA Valuation Advisors LLP ("RBSA"), a registered valuer entity under the Section 247 of the Companies Act, 2013, was appointed by Raajmarg Infra Investment Managers Private Limited ("RIIMPL"/ the "Investment Manager"), as an independent valuer, as per Regulation 2(zzf) of the SEBI (Infrastructure Investment Trust) Regulations, 2014 ("SEBI lnvlT Regulations"). Raajmarg Infra Investment Trust ("RIIT" or the "Trust" or "lnvlT") is registered with the Securities and Exchange Board of India ("SEBI") as an infrastructure investment trust under the SEBI lnvlT Regulations. Raajmarg 1 Projects Private Limited ("RlPPL" or the "SPV" or the "Specified SPV") is a wholly owned subsidiary of RIIT and is incorporated as a special purpose vehicle to operate and maintain the road projects. RIIMPL is acting as the Investment Manager to the Trust, National Highways lnvlT Project Managers Private Limited ("NHIPMPL") is acting as the Project Manager, National Highways Authority of India ("NHAI") is acting as the Sponsor to the Trust and IDBI Trusteeship Services Limited ("Trustee") is acting as Trustee to the Trust, within the meaning of the SEBI lnvlT Regulations. RlPPL has entered into concession agreements with National Highways Authority of India ("Sponsor") for tolling, operation, management, maintenance and transfer of the Specified Projects (as defined below). NHAI monetized the following five road projects (together referred to as the "Specified Projects") through the lnvlT (Infrastructure Investment Trust) route with effect from 1st April 2026 for a concession fee of INR -9,583 crores: Sr. No. Name of Section NH Total Length Toll Plaza Start Kms End Kms (Kms) Chilakaluripet- 355+000 357+342 Vijayawada 1 Chilakaluripet Bypass NH-16 69.408 Km Kaza 0+000 16+499 Chilakaluripet- 372+038 422+605 Vijayawada Vanagaram I NH-32 and 2 Chennai Bypass 32.600 Km Tiruneermalai* 000+000 32+600 NH-48 and Surapattu 3 Chennai- Tada NH-16 33.000 Km Nallur* 21+400 54+400 Neelmangla- Tumakuru 29+500 61+520 Kulumepalya and 4 Tumakuru Bypass NH-48 44.668 Km Chokkenahalli 61+520 co �· ::: Registered Office: 912, Venus Atlantis Corporate Park, Anandnagar Main Road, Prahaladnagar, Ahmedabad - 380015 Tel: +91 79 4050 6 Corporate Office: 1081 and 1081, Solitaire Corporate Park, Chakala, Andheri Kurla Road, Andheri (E) - 400 093 Tel: +91 22 6130 6000 -)f,. C:,� Website: www.rbsa.m Email: contact@rbsa.in LLP IN: AAA-0842 -d1" '\ RBSA Valuation Advisors LLP VALUATION I INVESTMENT BANKING I RESTRUCTURING I TRANSACTION SERVICES TRANSACTION TAX I ADVISORY SERVICES RBSA Valuation Advisors LLP Sr. No. Name of Section NH Total Length Toll Plaza Start Kms End Kms (Kms) 400+632 NH-19 (old 5 Gorhar-Barwa Adda 80.522 Km Ku Igo 320+810 (Design - NH-2) 401+332) •Asper Traffic Due Diligence report of December 2025, toll plaza at Vanagaram is proposed to be relocated to Tiruneermalai and tall plaza at Nallur Is proposed to be relocated to Durainallur Source: Information provided by the Management In this context, RIIMPL has requested RBSA for carrying out fair enterprise and equity valuation of the Specified SPV as at 30th June 2026 ("Valuation Date"), pursuant to the SEBI lnvlT Regulations. We have analyzed the information provided by/ on behalf of the Investment Manager through broad inquiry, analysis and review but have not carried out due diligence or audit of such information. We have relied on the explanations and information provided by/ on behalf of the Investment Manager. We have no present or planned future interest in the Sponsors, RlPPL or the Investment Manager except to the extent of our appointment as an independent valuer. Our professional fees for the valuation are not contingent upon the values reported herein. Our valuation analysis should not be construed as investment advice specifically, we do not express any opinion on the suitability or otherwise of entering into any financial or other transaction with RlPPL or the Trust. Our valuation analysis must be considered as a whole. Selecting portions of our analysis or the factors we considered, without considering all factors and analysis together could create a misleading view of the process underlying the valuation conclusions. Valuation is a complex process and is not necessarily susceptible to partial analysis or summary description. Any attempt to do so could lead to undue emphasis on any particular factor or analysis. We [Showing first 8,000 characters — download PDF for full document]