Adani Portfolio: Liquidity Management 26 - All issuer companies are fully funded . - AGEL has confirmed financial plan for the refinancing requirement of ~INR 10 , 200 cr . against the Capital Market issuance maturities due in CY 2024 . - Incase of unfavorable International Capital Market (EM), following are the sources for completing the refinancing requirement and added growth : - US Private Placement (USPP) – offer in place - SEC Reg US Domestic issuance – all completed - INR Domestic Capital Market issuance – first issuance underway - Equity Capital Market Plans underway for USD 5 bn in calendar year 2023 Note : Liquidity position before discretionary capex and acquisition (excl related debt funding) = (A) [Opening Cash + FCFE – Committed Capex & Acquisition + Debt raised other than International Capital Market related to committed Capex & Acquisition] Liquidity position post discretionary capex = (B) [(A) – Discretionary Capex + Debt raised for Discretionary Capex ] 3,597 8,635 12,485 1,610 49 170 2023 2024 2025 Liquidity position before discretionary capex and acquistion (adjus. for related debt funding) Liquidity position post discretionary capex 7,513 12,999 13,279 5,513 6,999 3,279 594 3,931 5,521 183 1,581 1,422 INR Cr Liquidity Management