Maple Infrastructure Trust has informed the Exchange regarding Credit rating obtained on 19/08/2026

August 19, 2026 BSE Limited Corporate Relations Department Phiroze Jeejeebhoy Towers, Dalal Street Fort, Mumbai – 400001 Ref: Security Code: 543925; SCRIP ID: MIT Subject: Credit Rating of Maple Infrastructure Trust Sir/Ma’am, Pursuant to Regulation 23 of SEBI (Infrastructure Investment Trusts) Regulations, 2014 read with SEBI Master Circular for Infrastructure Investment Trusts dated July 11, 2025, each as amended, we hereby inform that ICRA Limited, vide its letter(s) dated August 19, 2026, has assigned/re-affirmed the following credit rating(s) in relation to Maple Infrastructure Trust (“MIT”), as set out below: 1) Non-Convertible Debentures proposed to be issued: Sr. Instrument Type Amount Rating Rating No. (INR in Action Crore) 1. Non-Convertible Debentures 700.00 [ICRA] AAA (Stable) Assigned 2) Issuer Credit Rating: Re-affirmed the rating of [ICRA] AAA (Stable) 3) Debt instruments: Sr. Instrument Type Amount Rating Rating No. (INR in Action Crore) 1. Long term – Fund-based – Term Loans 3,750.00 [ICRA] AAA (Stable) Re-affirmed 2. Long term – Fund-based – Overdraft1 40.00 [ICRA] AAA (Stable) Re-affirmed Long term – Non-fund based – Bank 3. 260.00 [ICRA] AAA (Stable) Re-affirmed Guarantee2 Long term –Fund-based – Overdraft 4. (1.00) [ICRA] AAA (Stable) Re-affirmed (Interchangeable) 1Overdraft facility with sublimit of short-term loan (interchangeable); 2DSRA Bank Guarantee limits of INR 160 Crore with sublimit of short-term loans of INR 60 Crore (interchangeable), and Performance Bank Guarantee limits of INR 100 Crore with sublimit of overdraft of INR 1 Crore (interchangeable). Maple Infra InvIT Investment Manager Private Limited Corporate Office: (Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Wing A, Sahar, Office Unit No. 2, Ground floor, Village - Marol, CIN: U74110DL1995PTC430574 Andheri - East, Mumbai- 400 099. (Landmark: JW Marriott/ Bay 99) Registered Office: Unit No. 699, 6th Floor, "VEGAS" Plot No. 6, Telephone No: +91 (22) 6817 6666 Pocket 1, Sector 14, Dwarka, South Delhi, New Delhi – 110075 Email: compliance@maplehighways.com We enclose herewith the credit rating letters issued by ICRA Limited for your information. This intimation is also available on the website of MIT i.e. www.maplehighways.com You are requested to take the same on record. Yours faithfully, For and on behalf of Maple Infra InvIT Investment Manager Private Limited (acting in the capacity of Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Vikas Prakash Company Secretary & Compliance Officer Encl.: A/a CC: Axis Trustee Services Limited Axis House, PB Marg, Worli, Mumbai – 400025, Maharashtra Maple Infra InvIT Investment Manager Private Limited Corporate Office: (Investment Manager to Maple Infrastructure Trust (formerly known as Indian Highway Concessions Trust)) Wing A, Sahar, Office Unit No. 2, Ground floor, Village - Marol, CIN: U74110DL1995PTC430574 Andheri - East, Mumbai- 400 099. (Landmark: JW Marriott/ Bay 99) Registered Office: Unit No. 699, 6th Floor, "VEGAS" Plot No. 6, Telephone No: +91 (22) 6817 6666 Pocket 1, Sector 14, Dwarka, South Delhi, New Delhi – 110075 Email: compliance@maplehighways.com ICRA/Maple Infrastructure Trust/19082026/03 Date: August 19, 2026 Ms. Deepika Periwal Chief Financial Officer Maple Infrastructure Trust Wing-A, Sahar, Office Unit No. 2, Ground Floor, IA Project Road, Next to JW Marriot Hotel, Village Marol, Andheri (E), Mumbai 400099. Dear Maam, Re: instrumentsof Maple Infrastructure Trust following rating actions for the mentioned instruments of your company. Rated Amount Financial Sector Instrument Rating Action1 (Rs. crore) Regulator# Non-Convertible [ICRA]AAA(Stable); 700.00 SEBI Debentures assigned Total 700.00 # ilable for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. Once the instrument is issued, the rating is valid throughout the life of the captioned programme until withdrawn. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRAwebsiteatwww.icra.infor latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that wouldnot be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated [Instrument] availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities 1Complete definitions of the ratings assigned are available at www.icra.in. ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002 www.icra.in info@icraindia.com ++9911-9933554477-3388990099 Sensitivity Label : Restricted +0124-44554455330000 CCIINN:: LL7744999999DDLL11999911PPLLCC004422774499 through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. In line with SEBI Circular No. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2024/160 dated November 18, 2024, issuers are encouraged to utilize the penny-drop verification service as provided by banks. This measure is intended to prevent payment failures when disbursing principal and/or interest to respective investors or debenture holders. Penny-drop verification serves as an efficient method for confirming the bank account details of persons designated to receive payments. Once an account has been verified through this facility, it can be used for subsequent transactions related to interestand principal payments, thereby ensuring successful remittance and avoiding failure. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited Sachin Joglekar Vice President sachin.joglekar@icraindia.com Sensitivity Label : Restricted ICRA/Maple Infrastructure Trust/19082026/02 Date: August 19, 2026 Ms. Deepika Periwal Chief Financial Officer Maple Infrastructure Trust Wing-A, Sahar, Office Unit No. 2, Ground Floor, IA Project Road, Next to JW Marriot Hotel, Village Marol, Andheri (E), Mumbai 400099. Dear Maam, Re: Mapl [Showing first 8,000 characters — download PDF for full document]