IRB Infrastructure Developers : Spurt in Volume

November 07, 2022

National Stock Exchange of India Ltd.

Surveillance Department,

Exchange Plaza, C-1, Block G,

Bandra Kurla Complex, Bandra (E), Mumbai - 400061

Kind Attn: Mr. Binoy Yohannan

Dear Sir,

Sub: Clarification on Increase in Volume

Ref: NSE/CM/Surveillance/12453

This is with reference to your letter received through email dated November 7, 2022, seeking clarification on significant increase in volume of the Company's security across Exchanges, in the recent past. We would like to inform you that all event, information, which have bearing on the operation or performance of the Company including all price sensitive information, have been disclosed to the Stock Exchanges in compliance with Regulation 30 of the SEBI (LODR), Regulations, 2015, from time to time. There is no unpublished information/announcement or impending announcement which needs to be informed to the Exchanges at this point of time.

Please note that the increase in the volume of Company's security in recent past is due to market conditions and is market driven.

Further, we would like to assure you that the Company, as required under SEBI (LODR) Regulations, 2015, shall continue to promptly inform the Exchanges of all material events/information.

We trust the above clarifies the query and request that you take this response on record.

Yours faithfully,

For IRB Infrastructure Developers Limited

Mehulkuma

1. Natwarlal Patel

Digitally signed by Mehulkumar Natwarlal Patel DN: c=IN, o=Personal, 2.5.4.20=94a78f064dab4ff39b7861edcf64efc24 59100e5464ea6f9ea45f7ffdd0e48dc, postalCode=400607, st=Maharashtra, serialNumber=4a1816113b59302c922bb55f82 b11efd9325486d58d16564a6d1458dd0a6a0fe, cn=Mehulkumar Natwarlal Patel

Date: 2022.11.07 19:23:46 +05'30'

Mehul Patel Company Secretary