IL&FS Transportation Networks Limited is unable to service its obligations in respect of the following Non-Convertible Debentures towards payment of interest and principal due on May 24, 2024: INE975G07084 [Tranche XXVI (Series I)]: Name of the Listed entity: IL&FS Transportation Networks Limited. Date of making the disclosure: May 24, 2024. Nature of obligation /Type of instrument (Listed debt securities, MTNs, FCCBs etc.

with ISIN as applicable) Secured, rated, listed, redeemable non-convertible debentures. Tranche XXVI (Series I) (Security ITNL 25A). Date of default: May 24, 2024.

Number of investors in the security as on date of default: 4. Details of the obligation; Tenure: 7 Years Coupon Rate: 9.15% p.a. Coupon Payment Frequency: Quarterly Security: Debentures are secured by way of a first ranking pari passu charge created and registered with the ROC, over the Hypothecated Assets. Interest due: INR 3,384,247 [Period for which Interest was due: [February 23, 2024 - May 24, 2024 (92 days)] Principal- INR 30,000,000. As part of the Interim Distribution process, the Company has made payment of INR 19,457,918 to the NCD holders on October 18, 2023.

Consequent to this payment, the outstanding value of the NCDs shall be reduced to the extent of the payout. INE975G07092 [Tranche XXVI (Series II)]: Name of the Listed entity: IL&FS Transportation Networks Limited. Date of making the disclosure: May 24, 2024.

Nature of obligation /Type of instrument (Listed debt securities, MTNs, FCCBs etc. with ISIN as applicable) Secured, rated, listed, redeemable non-convertible debentures. Tranche XXVI (Series II) (Security ITNL 28A).

Date of default: May 24, 2024. Number of investors in the security as on date of default: 9. Details of the obligation; Tenure: 10 Years Coupon Rate: 9.20% p.a. Coupon Payment Frequency: Quarterly Security: Debentures are secured by way of a first ranking pari passu charge created and registered with the ROC, over the Hypothecated Assets. Interest due: INR 14,422,131 [Period for which Interest was due: [February 23, 2024 - May 24, 2024 (92 days)] Principal- INR 37,500,000.

As part of the Interim Distribution process, the Company has made payment of INR 60,810,270 to the NCD holders on October 18, 2023. Consequent to this payment, the outstanding value of the NCDs shall be reduced to the extent of the payout. Pursuant to the Order passed by the Hon'ble National Company Law Appellate Tribunal ("NCLAT") on October 15, 2018 ("Moratorium Order"), the Company has been prohibited from making payments to all its creditors.

Further, vide an Order passed by NCLAT dated February 11, 2019, the Company has been classified as a 'Red Entity' and confirming that the Moratorium Order has neither been lifted nor modified in any manner. In view of the aforementioned and in compliance with the abovementioned Orders, the Company is unable to undertake any obligations related to payment of interest/principal on Non- Convertible Securities except as part of the Interim Distribution process approved by the NCLAT.