IRCON International Initiates Four Road Asset Monetization

IRCON International Limited

Strategic Initiative

The company has initiated an asset monetization plan to strategically sell its 100% stake in four completed road assets. The specific assets identified for divestment are:

• Ircon Shivpuri Guna Tollway
• Ircon PB Tollway
• Ircon Davanagere Haveri Highway
• Ircon Vadodara Kim Expressway

Financial Impact

Financial impact not quantified in the disclosure. The announcement represents the initiation of the monetization process rather than a completed transaction.