AJMERA : TO RAISE UP TO RS 500 CR VIA NCDS

• Board approved issuance of NCDs/bonds/other instruments up to ₹500 Cr on private placement basis • Instruments may be secured or unsecured, listed or unlisted, redeemable or rated, in one or more tranches • Issue window is one year from date of passing the special resolution • Members' approval sought via postal ballot; remote e-voting from November 08 to December 07, 2026 • Raise is part of the company's overall leverage programme and stays within members-approved borrowing limits Impact: Neutral (debt raise within approved borrowing limits, no equity dilution)

Ajmera Realty & Infra India Limited

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