SPMLINFRANSE19 February 2025

SPML Infra Limited has informed the Exchange about Investor Presentation

SPML Infra Limited

SP¥L

thFebruary, 2025 Date:1 Date: 19th February, 2025

National Stock Exchange National Stock Exchange Exchange Plaza, Exchange Plaza, Plot No. C/1,G Block, Plot No. C/1, G Block, Bandra (E), Mumbai-400051 Bandra (E), Mumbai-400051

BSE Limited BSE Limited Phiroze Jeejeebhoy Towers Phiroze Jeejeebhoy Towers Dalal Street, Dalal Street, Mumbai-400001 Mumbai-400001

(NSE 5icrip Cod e' SPMI,INFRA) NSE Scrip Code: SPMLINFRA)

(BSE Scrip Cnde- 5titi4C2) BSE Scrip Code: 500402)

Sub: Sub:

Investor Presentation Investor Presentation

Dear Sir(s), Dear Sir(s),

Pursuant to Regulation 30(6) of Securities and Exchange Board of India (Listing Pursuant to Regulation 30(6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,2 015 (the “Listing Regulations”) Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”) read with PartA of Schedule III of the Listing Regulations, we are enclosing herewith the read with Part A of Schedule III of the Listing Regulations, we are enclosing herewith the Investors' Presentation for the month ofFebruary, 20 25. Investors’ Presentation for the month of February, 2025.

Kindly take the same on records. Kindly take the same on records.

Thanking you, Thanking you, For SPML Infra Limited For SPML Infra Limited Swati oigtaly sgned Agarwa Hoamal Dhte 250219 o A | I Swati Agarwal Swati Agarwal Company Secretary Company Secretary

‹2Ii3.2

+05 @

Encl.: As above Encl.: As above

SPML INFRA LIMITED L40106WB1981PLC276372 CIN: Regd. Office : 22, Camac Street, Block-A, 3rd Floor, Kolkata 700 016 Ph : +91 33 4009 1200 / 1247 E-mail : info@spml.co.in | Website : www.spml.co.in

SPML Engineering { Life

SI"ML INI'RA LIMITED SPML INFRA LIMITED CIN: L40106WB1981PLC276372 CIN * L40 l06'c 1P8I PLC 63» Regd. Ołfk:e :22, Camac Street, Block-A. 3rd Fk›or, Kdkata 7Œf 016 Regd. Office : 22, Camac Street, Block-A, 3rd Floor, Kolkata 700 016 +91 33 4009 1200 / 1247 Ph : Pn : *91 3g •t009 1ZŒł/ t247 E-mail: info@spml.co.inI Website: www.spml,co,in E-mail : info@spml.co.in | Website : www.spml.co.in

INVESTOR PRESENTATION

February 2025

SPML

Engineering \ Life

SPML INFRA LIMITED

www.spml.co.in

—

Disclaimer Disclaimer

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This document contains statements about expected future events and financial and operating results of SPMLInfra Limited, which are forward-looking. By This document contains statements about expected future events and financial and operating results of SPML Infra Limited, which are forward-looking. By their nature, forward-looking statements require the Company tomake assumptions and are subject to inherent risks and uncertainties. There is significant risk their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the assumptions, predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on that the assumptions, predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements asa number offactors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements as a number of factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk its entirety by the assumptions, qualifications and risk forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in factors referred to in the management's discussion and analysis of the SPMLInfra Limited. factors referred to in the management’s discussion and analysis of the SPML Infra Limited.

Investor Presentation Investor Presentation °

Company

Overview

Engineering \ Life

— lndia's Leading lntegrate ater Management Company with India’s Leading Integrated Water Management Company with Key focus on Water Wastewater& Energy Infrastructure Development Key focus on Water Wastewater & Energy Infrastructure Development

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4+ decades of experience coupled with a national presence

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Delivering Drinking Water Facility to 50 Million+ people 50 Million+ people

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Delhi Jal Board Delhi Jal Board

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National Mission for Clean Ganga National Mission for Clean Ganga

)

Successfully comple'te'd 700+ turnkey Successfully completed 700+ turnkey projects in Water and Power projects in Water and Power | across India across India

Expertise in facilitating Turnkey end to end Water Expertise in facilitating Turnkey end to end Water & Wastewater Management, and & Wastewater Management, and Energy Solutions Energy Solutions

An iso— 9001:2015;14OD1:2o15; An1s0-9001:2015;14001:2015;

45001-2018 certified company

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Ranked No. 14 among World's Top 5O Ranked No. 14 among World’s Top 50 Private Water Companies —Global Water Private Water Companies - Global Water Intelligence, London Intelligence, London

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Fooused onl o . Focused on margin ąccretive Water Segment Water Segment

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Jal Jeevan Mission Jal Jeevan Mission

P L N L@ i/

PHED-Rajasthan PHED-Rajasthan

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Bangalore Water Suppły and; Bangalore Water Supply and Sewerage Board

Investor Presentation ° (nVestor Prńsarltatioń’

Our Our Journey Journey

Incorporation

Public Offering on

nation’s premier exchanges

Completed an EPC projectin record time for the Saurashtra Water Pipeline Project

KPMG-Infrastructure Today Award for Most Admired Infrastructure Company

Rs. 783 cr order from Gujarat for SAUNI Phase-lIl Received 4 Prestigious Awards

s r »tr SPML

EPC World Awards 2023 for Outstanding Contribution in Urban Infrastructure Construction Times Awards 2023 for Best Water Project of the Year NARCL becomes sole lender

Ventured into Water EPC Ventured into Water EPC andmanagement and management projects projects

Completed 1st Completed 1st Industrial Water Supply Industrial Water Supply Project - Bakreswtr Project - Bakreswar Thermal Power station Thermal Power station (Rs. L,400 Mn) (Rs. 1,400 Mn)

Completed the first Completed the first DBO project-Rajiv DBO project-Rajiv Gandhi Lift Canal Water Gandhi Lift Canal Water Supply in Jodhpur (Rs. Supply inJodhpur (Rs. 1,372 Mn) 1,372 Mn) Received private equity Received private equity investment from investment from Citigroup Citigroup

Received 4 prestigious Received4 prestigious Awards Order for urban Awards Order forurban water supply-6 cities in water supply-6 cities in Karnataka Karnataka Commendation at Global Commendation atGlobal Water Awards 2014 Water Awards 2014

Rs. 1,158 cr water supply Rs.1,15B crwater supply order from Rajasthan under order from Rajasthan under Jal Jeevan Mission Jal Jeevan Mission Economic Times Infra Economic Times Infra Focus Awards 2022 as Most Focus Awards 2022 as Most Admired Company in the Admired Company in the Water Infrastructure Water Infrastructure

Investor Presentation ° Investor Presentation

Recogn On5 for Recognitions for Exemplary Project Executions Exemplary Project Executions

EPC World Awards 2023 forOutstanding Contribution in Urban EPC World Awards 2023 for Outstanding Contribution in Urban Infrastructure (Water Project) Infrastructure (Water Project)

Construction Times Awards 2023 forBest Water Project of the Year Construction Times Awards 2023 for Best Water Project of the Year

Most Impactful Water Management Leader 2023 to SPML Infra Vice Most Impactful Water Management Leader 2023 to SPML Infra Vice Chairman Chairman

The Economic Times Infra Focus Awards 2022 as Most Admired The Economic Times Infra Focus Awards 2022 as Most Admired Company in Water Infrastructure Company in Water Infrastructure

Indian Achievers Award 2022 forBusiness Leadership to SPML Infra Indian Achievers Award 2022 for Business Leadership to SPML Infra Chairman Chairman

The Economic Times Most Promising Business Leaders of Asia 2018 The Economic Times Most Promising Business Leaders of Asia 2018 Award toSPML Infra Chairman, Mr. Subhash Sethi Award to SPML Infra Chairman, Mr. Subhash Sethi

Award forOutstanding Contribution in Completion of SAUBHAGYA Award for Outstanding Contribution in Completion of SAUBHAGYA Scheme inBihar - By Hon'ble Chief Minister of Bihar Scheme in Bihar - By Hon'ble Chief Minister of Bihar

Zee Business Dare to Dream Awards 2018 forCompany oftheyear — Zee Business Dare to Dream Awards 2018 for Company of the year — Infrastructure Infrastructure

Certificate of Appreciation for Outstanding Performance in Certificate of Appreciation for Outstanding Performance in SAUBHAGYA Scheme in Patna District, Bihar SAUBHAGYA Scheme in Patna District, Bihar

ET Now-Water Leadership Awards 2018 forE xtellence in Water& ET Now-Water Leadership Awards 2018 for Excellence in Water & Wastewater Management — World CSR Day Wastewater Management — World CSR Day

50 Most Impactfui Leaders inWater& Water Management Awards 50 Most Impactful Leaders in Water & Water Management Awards 2018 to SPML Infra Chairman — World CSR Day 2018 to SPML Infra Chairman — World CSR Day

India's Most Ethical Companies Award 2017 — World CSR Congress India’s Most Ethical Companies Award 2017 — World CSR Congress

Aqua Foundation Excellence Award 2017 forValuable Contribution in ‘Aqua Foundation Excellence Award 2017 for Valuable Contribution in Infrastructure Development in India Infrastructure Development in India

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Skoch Awards 2020 — Order of Merit Certificate for Xanpur Skoch Awards 2020 — Order of Merit Certificate for Kanpur Sewerage System Sewerage System

ASSOCHAM Energy Excellence Awards 2019 forRural ASSOCHAM Energy Excellence Awards 2019 for Rural Electrification Electrification

CIA World Construction& Infra Award 2019 asBest Company in CIA World Construction & Infra Award 2019 as Best Company in Water Management - EPIC Media Water Management - EPIC Media

Smart Water& Waste World Award 2019 forDecentralized Smart Water & Waste World Award 2019 for Decentralized Sewerage System in Mira Bhayander, Maharashtra Sewerage System in Mira Bhayander, Maharashtra

ASSOCHAM Water Management Excellence Awards 2019 as Best ASSOCHAM Water Management Excellence Awards 2019 as Best Water Management Practices Water Management Practices

Construction Times Award 2017 forBest Executed Technology Construction Times Award 2017 for Best Executed Technology used forWater Management Project used for Water Management Project

CIA World Builders& Infra Awards 2017 forBest Water CIA World Builders & Infra Awards 2017 for Best Water Management Company oftheyear — EPIC Media Group Management Company of the year — EPIC Media Group

Frost& Sullivan India Awards 2016 as India Water& Waste Frost & Sullivan India Awards 2016 as India Water & Waste Water Management Competitive Strategy Innovation& Water Management Competitive Strategy Innovation & Leadership Leadership

Construction Times Awards 2016 forBest Executed Construction Times Awards 2016 for Best Executed Wastewater Project of the Year Wastewater Project of the Year

Fortune India Next 500 Awards 2016 as’One ofthe Giants of Fortune India Next 500 Awards 2016 as ‘One of the Giants of Tomorrow’ — Fortune Magazine Tomorrow’ — Fortune Magazine

CBIP Award 2016 forOptimum and Efficient Utilization of CBIP Award 2016 for Optimum and Efficient Utilization of Water Resources - CBIP Water Resources - CBIP

Investor Presentation ° Investor Presentation

Experienced Board of Experienced Board of Directors Directors

SpP

I? A4 k

Engineering | Life

Subhash Sethi Chairman Subhash Sethi Chairman In the past over four decades, he has worked passionately with his mission In the past over four decades, he has worked passionately with his mission to create enduring value for the country. Under hisleadership, SPM L Infra to create enduring value for the country. Under his leadership, SPML Infra went on to establish itself as a Infrastructure leading Engineering and a leading Engineering and Infrastructure as went on to establish itself He Development organization with abut 700 completed projects. is Development organization with is He abut 700 completed projects. recognized as industry leader and serves as Chairman in expert and expert in Chairman as serves leader recognized Indian Chamber of CII, Committees’ of industries’ associations like Indian Chamber of Cll, like associations industries’ Committees’ of Commerce etc. His valuable contributions in infrastructure development His valuable contributions in infrastructure development Commerce etc. have been recognized widely and he has received several prestigious has received several prestigious have been recognized widely and he awards including Economic Times Asian Business Leadership Award. awards including Economic Times Asian Business Leadership Award.

industry

Sushil Sethi Jain Vice Chairman Vice Chairman Sushil Sethi Jain He has been instrumental in leading SPML Infra in water& wastewater, He has been instrumental in leading SPML Infra in water & wastewater, municipal sewerage network, pipeline rehabilitation, municipal solid waste municipal sewerage network, pipeline rehabilitation, municipal solid waste management and other verticals. He holds honorary& prestigious offices in management and other verticals. He holds honorary & prestigious offices in various social and economic and community development organizations. various social and economic and community development organizations. For his valuable contributions in infrastructure development in the country, For his valuable contributions in infrastructure development in the country, he prestigious awards including been conferred with several including awards prestigious several been he Infrastructure Person of the Year Award. Infrastructure Person of the Year Award.

conferred

has has

with

Manoj Digga Executive Director Commercial& CFO Manoj Digga Executive Director Commercial & CFO He brings over 33 years of extensive experience in Finance, Accounts, He brings over 33 years of extensive experience in Finance, Accounts, Corporate Finance Transactions, including Equity and Taxation, and Equity and Taxation, Acquisitions. He isa qualified Chartered Accountant, Company Secretary, a qualified Chartered Accountant, Company Secretary, Acquisitions. He is and Cost Accountant, witha proven track record of expertise in navigating and Cost Accountant, with a proven track record of expertise in navigating complex financial landscapes and executing high-value businesses. complex financial landscapes and executing high-value businesses.

Finance Transactions,

and Corporate

including

T.V. Rangaswamy Nominee Director T.V. Rangaswamy Nominee Director He has over 30 years of experience in capital markets with leading has over 30 years of experience in capital markets with leading He companies. He has held key positions in BSE and NSE, ICICI, Reliance and companies. He has held key positions in BSE and NSE, ICICI, Reliance and Edelweiss among others. He has a good understanding of legal and Edelweiss among others. He has a good understanding of legal and regulatory framework and isa Commerce Graduate and Member ofthe a Commerce Graduate and Member of the regulatory framework and is Institute of Cost and Works Accountants of India. Institute of Cost and Works Accountants of India.

has experience in HR,

Arundhuti Dhar Independent Director Arundhuti Dhar Independent Director Banking, Finance, Trade, EPC, Infrastructure and She EPC, Infrastructure and She has experience in Property Management. She has held key positions in American Express Bank, Property Management. She has held key positions in American Express Bank, HDFC Bank and IL&FS Property Management Ltd. She St. Xavier's College isa St. Xavier’s College HDFC Bank and IL&FS Property Management Ltd. She is alumnus alumnus

Finance, Trade,

HR, Banking,

T.S. Shivashankar Independent Director T.S. Shivashankar Independent Director a Managing He is a Financial Service professional with 30+ years experience. He is Financial Service professional with 30+ years experience. He isa Managing He isa Director, Rohatyn Group and was earlier with Citibank leading Private Equity, Director, Rohatyn Group and was earlier with Citibank leading Private Equity, CaP'taI Markets, Corporate Finance and Treasury. He has completed B.Tech from Capital Markets, Corporate Finance and Treasury. He has completed B.Tech from IIT Madras and M BA from IIMLucknow IIT Madras and MBA from IIM Lucknow

Mahend raPalSingh Independent Director Mahendra Pal Singh Independent Director A retired official from the Government of Japan, has extensive infrastructure A retired official from the Government of Japan, has extensive infrastructure experience. As Chief of Development Operations at JICA, he managed Japanese experience. As Chief of Development Operations at JICA, he managed Japanese aid for major Indian projects, including metro systems and the Western including metro systems and the Western aid Dedicated Freight Corridor, and playeda vital role in establishing IITs and AIIMS. Dedicated Freight Corridor, and played a vital role in establishing IITs and AlIMS.

projects,

Indian

major

for

Nita Karmakar Independent Director Nita Karmakar Independent Director She is PGDBM in Finance from IIM Kolkata, has over 40 years of experience in She is PGDBM in Finance from IIM Kolkata, has over 40 years of experience in corporate affairs and government relations. She has worked at L&T, BHEL, and CII corporate affairs and government relations. She has worked at L&T, BHEL, and ClI project excelling project excelling management, and marketing, with strong analytical and crisis management skills. management, and marketing, with strong analytical and crisis management skills.

corporate management, corporate corporate management, corporate

finance, finance,

affairs, affairs,

in in

Investor Presentation Investor Presentation °

Experienced Experienced Key Officials Key Officials

Abhinandan Sethi Chief Operating Officer Abhinandan Sethi Chief Operating Officer He spearheads the initiatives in Water and Power projects He spearheads the initiatives in Water and Power projects areas of business planning and providing leadership in the providing leadership in the areas of business planning and project and development, financial planning & project and planning & development, financial policies and operational management, setting up policies and up operational management, setting procedures, and handling complete project management. He procedures, and handling complete project management. He is an alumnus of La Martiniere for Boys, Calcutta, holdsa is an alumnus of La Martiniere for Boys, Calcutta, holds a Bachelor of Science in Business Administration from Boston Bachelor of Science in Business Administration from Boston University, USA, and is currently pursuing an MBA at London University, USA, and is currently pursuing an MBA at London Business School. Business School.

policies, policies, of the of the

Malay Kanti Chakraborti Executive VP Malay Kanti Chakraborti Executive VP He has more than 32 years of years of experience in the He has more than 32 years of years of experience in the Batliboi, field Batliboi, field Andrew Yule, VTS and has hands on experience in project Andrew Yule, VTS and has hands on experience in project management. He hasa B. Tech (Mechanical) Degree management. He has a B. Tech (Mechanical) Degree

of management and procurement with procurement with of management and

29+

and

has

Sujit Kumar Jhunjhunwala VP— Fund Sujit Kumar Jhunjhunwala VP - Fund Management and Banking Management and Banking He isa years of experience in corporate a CA and has 29+ years of experience in corporate He is finance, fund management, and banking operations. He finance, fund management, and banking operations. He capital specializes capital specializes ensuring banking structure, ensuring banking structure, compliance, and overseeing credit ratings and audits. His compliance, and overseeing credit ratings and audits. His expertise strengthens the organization's financial strategy expertise strengthens the organization's financial strategy and growth. and growth.

in in managing managing

relationships, relationships,

optimizing optimizing

financing, financing,

securing securing

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Vikas Sharma VP— Finance and Accounts Vikas Sharma VP - Finance and Accounts A CA& CS and PGCP from IIMI ndore, has 23years of experience in A CA & CS and PGCP from IIM Indore, has 23years of experience in finance, accounting, and ban king operations. He specializes in cash finance, accounting, and banking operations. He specializes in cash flow management, liquidity planning, ban king relations, and vendor flow management, liquidity planning, banking relations, and vendor management. His expertise ensures efficient financial operations, management. His expertise ensures efficient financial operations, compliance, and strategic financial planning for the organization. compliance, and strategic financial planning for the organization.

Sumit Bhattacharya CHRO Sumit Bhattacharya CHRO He hasmore than 25 years of experience in human resources, talent He has more than 25 years of experience in human resources, talent process HR OD, learning management, total process HR OD, learning total management, Diploma in talent MBA He automation etc. in talent in Diploma MBA in He automation etc. management from XLRI, and Diploma in Communication Strategy management from XLRI, and Diploma in Communication Strategy from Toronto University. from Toronto University.

rewards, rewards, an has an has

and and HR, HR,

0. Vishveswaraiah VP — Projects 0. Vishveswaraiah VP - Projects He has more than 35 years of diverse experience in structural 35 years of diverse experience in structural has more than He engineering and execution — currently leading the KUIDFC and engineering and execution — currently leading the KUIDFC and BWSSB Projects. He has M.E. (Civil Engineering) degree. BWSSB Projects. He has M.E. (Civil Engineering) degree.

effective effective

Contracts Partha Roy VP — Legal& Partha Roy VP-Legal & Contracts He has 20 years of multi-sector experience in management advisory He has 20 years of multi-sector experience in management advisory affairs encompassing legal and legal affairs encompassing and and litigation operations, litigation and operations, management. He hasa degree of Legum Baccalaureus (Bachelor of management. He has a degree of Legum Baccalaureus (Bachelor of Legislative Law). Legislative Law).

of of strategy, strategy,

supervision supervision

legal legal risk risk

mitigation mitigation

devising devising

Investor Presentation Investor Presentation °

Business

Overview

Engineering \ Life

Ro bu5t Robust Business Model Business Model

SPML manages complete water cycles with a focus on saving water and protecting resources

Itincludes raw water intake through rivers/canals/sea, water treatment, pumping and water distribution & transmission to cities and industries for potable, service and process water needs. And at the end, treating sewage & effluent for disposing back into the source or recycling for further usage.

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Applications Legend @ Metering @ Disinfection

@ Filtration

Investor Presentation e Investor Presentation

Business

SPML Engineering \

Life

Maintaining Energy Flow Through Maintaining Energy Flow Through the Strength of BESS the Strength of BESS

Focus remains on margin accretive ‘River to Reservoir’ segment

SPM Ls qualifications enable it SPMVLUs qualifications enable it excel in BESS opportunities, to to excel in BESS opportunities, in its showcasing in its showcasing supporting renewable energy energy renewable supporting power and power and infrastructure. infrastructure.

sustainable sustainable

expertise expertise

River to Reservoir

Reservoir to Tap

Home to River

Investor Presentation Investor Presentation e

Securing India’s Water Future through our business solutions

Superior Execution Track Record in Water EPC Sector e

SPML

Engineering | Life

Water Supply and Distribution

~Rs. 1,150 cr, Isarda Dam, Rajasthan Drinking Water Supply and Management projects

10 years in O&M Water supply projects

More than 300 km, 1500> mm diameter Pipeline project

City distribution management experience of up to 1 Mn population

All civil works related to water supply projects- treatment plant, overhead reservoir, underground reservoir, intake etc

Water & Wastewater Treatment & Management

Up-to 35 MLD Common Effluent Treatment Plant

Up-to 240 MLD Sewage Treatment Plant

Water treatment plant projects of up to 200 MLD capacity (expected to go up to 500 MLD in the future)

Trenchless sewer rehabilitation projects of 25 km and up to INR 200 crores contract value

Sewerage network projects of length 200 km

Investor Presentation e

(‘

”

Key bOCUS Areas

Builda Robust Order book Build a Robust Order book Bi orfewer butlargerprojects with high marginfullyfunded and easy toexecute fully funded and easy to execute Bid for fewer but larger projects with high margin

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S P M L Engineering | Life

Efficient mgmt. ofDebtor Days Efficient mgmt. of Debtor Days Focus on Cash Rich States Focus on Cash Rich States

Robust selection of sub—contractors Robust selection of sub—contractors Basis theirlocal presence, financial prowess and work execution ability Basis their local presence, financial prowess and work execution ability

Risk Averse Risk Averse Applying Escrow Mechanism toreduce strain on working capital Applying Escrow Mechanism to reduce strain on working capital

Improving Profitability Improving Profitability Bid for high growth and better margin projects Bid for high growth and better margin projects

Favourable Commercial Terms Favourable Commercial Terms Reviewing detailed fiiroject reports (DPR) tominimize disputes Reviewing detailed project reports (DPR) to minimize disputes over scope of work over scope of work

Cost Optimization Cost Optimization Execution of projects on sub-contract basis to eliminate bank guarantee, no execution delays, avoid penalties Execution of projects on sub-contract basis to eliminate bank guarantee, no execution delays, avoid penalties Technology driven process’y«improving efficiency and reducing costs o Prasentation e Technology driven process’ for improving efficiency and reducing costs Investor Presentation

Competitive Edge

SPML Engineering \ Engines

Life Life

Strong and long term relationships with central & state water bodies

Company is properly placed to market size with edge in choosing selective business

eptional execution expertise ith strong engineering team

Pre qualified player in high value projects

Promoter Background & ent towards the business

Limited competition be

, few players

Investor Presentation Investor Presentation e

Water & Energy Sector Outlook ¢

Engineering \ Life

has a great opportunity to increase ﬁr supply |nfra§tructuréﬁmeet

ing demand

Robust Industrial Growth

SFRML

Disruption in Water Cycle

1,498 Bn M3

744 Bn M3

India water usage composition in 2030

GROWTH TRIGGERS

Unsustainable use of water resources

Rise in urban population and inadequate water supply situation

Increased requirement from irrigation and agriculture sector

13%

Agriculture

Industrial

Municipal & Distribution

Source: Charting Our Water Future 2030 Water Resources Group = International Finance Corporation, MeKinsey and Co, The Barilla Grbup, The Cocar- Cola Company, Nestle, SABMiller PLE, New Halland Agriculture; Standard Chartered Bank and-syngenta AG

Gréug

illa

Quality and Accessibility of water

Investor Presentation

Government Initiatives

Jal Jeevan Mission (Urban) Exclusive Budget —Rs.2.87 lakh cr 2021-2026

Jal Jeevan Mission (Rural) Outlay —Rs.3.6 lakh cr 2019-2024

Amrut 2.0 Massive Allocation Rs.2.99 lakh cr 5 Years

Namami Gange Flagship Wastewater Treatment Program

(Naram YANISE

Rs.20,000 cr

aforesaid schemes in 10 years, there is a visibility of business of approx. Rs. 1 lakh cr every year, most of which the company is

The company is targeting Rs. 2000-4000 cr hi; business

margin projects in the aforesaid

annually to sustain its profitability and growth

Currently tenders worth Rs. 10,000 cr are active in the market

]

SpP

Engineering \

Life

To be implemented in 2-3 years

Pradhan Mantri Krishi Sinchayee Yojana- Har Khet ko Pani Rs.93,068.56 cr

Dam Rehabilitation and

Improvement Project (DRIP) Phase 2 & 3

Rs.10,211 cr

Atal Bhujal Yojana

Rs.6000 cr

National Watershed Project

Rs.2,142 cr

National River Linking Project Rs.4,000 cr for 2024-25

Investor Presentation e

Energy Energy Market Overview Market Overview

Battery Energy Storage Systems (BESS): Battery Energy Storage Systems (BESS):

Projections: As per Central Electric Authority (CEA), and National Electricity Plan (NEP) Projections: As per Central Electric Authority (CEA), and National Electricity Plan (NEP)

• *

By 2026-27: India will need about 34.72 GWh of energy storage capacity specifically from By 2026-27: India will need about 34.72 GWh of energy storage capacity specifically from BESS. BESS.

Estimated Market Size: "USD 8.4Billion » Estimated Market Size: ~USD 8.4 Billion

•

By 2031-32: This is expected to increase to 236.22 GWh from BESS. By 2031-32: This is expected to increase to 236.22 GWh from BESS.

» Estimated Cumulative Market Size: ~USD57 Billion Estimated Cumulative Market Size: "USD57 Billion

• *

By 2047: The requirement will rise to 1,840 GWh from BESS due to expanded renewable By 2047: The requirement will rise to 1,840 GWh from BESS due to expanded renewable energy integration to meet thenet-zero emission targets. energy integration to meet the net-zero emission targets.

443.4 Billion » Estimated Cumulative market size: ~USD 443.4 Billion

Estimated Cumulative market size:"USD

Drivers: Drivers:

• G +

rid stability and renewable energy integration. Grid stability and renewable energy integration.

• «

Energy Storage Obligations (ESO). Energy Storage Obligations (ESO).

SPM L has necessary pre-qualifications to actively participate in Battery SPML has necessary pre-qualifications to actively participate in Battery Energy Storage System (BESS) annuity tenders. This reflects SPML's ability Energy Storage System (BESS) annuity tenders. This reflects SPML's ability operational requirements to meet the stringent tech nical, fin an cial, and to meet the stringent technical, financial, and operational requirements essenti al for bidding on such projects. These aualifications highlight the essential for bidding on such projects. These qualifications highlight the company's expertise in the growing field of energy storage, ensuring it is is company’s well-positioned to supportI arge-scale renewable energy initiatives and well-positioned to support large-scale renewable energy initiatives and contribute to the evolvingn eeds ofsustain able power infrastructure. contribute to the evolving needs of sustainable power infrastructure.

expertise in the growing field of energy storage, ensuring it

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Investor Presentation e

Key Highlights

Engineering \ Life

Key Actions Actions

The consortium of erstwhile lenders have assigned their debt to NARCL. The NARCL through their attorney,

IDRCL, have executed

MRA on 17 May 2024 and subsequently withdrawn all the pending applications of erstwhile lenders at NCLT and DRT. The NARCL has demonstrated faith in the company by doing the first acquisition and resolution outside NCLT

To Improve the liquidity and to increase their stake, the promoters have infused Rs. 80 cr in the company by way of preferential allotment at the price of ~Rs. 118 and the allotment has been made on 23 May, 2024.

With the detailed review of the company’s assets

& liabilities, during the resolution process with IDRCL, the company has

taken one time impact on the books of accounts along the implementation of restructuring as per IND AS

Out of the impending realization of Rs. 294 crore from VSV, we have already received Rs. 243 crore in FY24. The remaining Rs. 51 cr will be received shortly.

Engmeermg‘ Life

| |

In FY24, company achieved substantial financial improvements, a turnover of Rs. 1,318 cr, representing a ~50% YoY growth. The company's net worth increased to Rs. 509 cr from Rs. 349 crin FY23. Current assets stood at Rs. 885 cr, including cash and bank balance of Rs. 227 cr. During FY24, the company's debt was reduced to Rs. 558 cr, considering IND AS adjustments, out of which Rs. 189 cr already repaid and a further reduction of Rs. 40 cr expected from the sale of identified properties.

With significant

improvements in various solvency ratios, including Net Debt/Equity (now at 0.7x), Net Debt/EBITDA (now at 4.2x), and the Quick Ratio (now at 1.45x), our credentials and qualifications for

participating in new tenders have substantially strengthened.

Investor Presentation .

Significant Debt reduction

ithdrawal

all

ReSOIutlon Wlth ' :(criI:ns (::‘:;lae ::enaders

NARCL/IDRCL

lenders’ liability

no repayment pressure on cash flow

Engmeenng‘ Life

Repayment from ds

arbitrati

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Rs. 1’657 Cr

Rs. 1,657 cr Tota utstandingDebtunder resclutio pan

Sustainable Debt

SPML Infra

Rs. 967 cr

Ltd.

Unsustainable Debt

If payment made in 10 Years under base case If payment made in 10 Years under base case

ns. zuu cr Rs. 700 cr

If payment made in 8 Years under prepayment mode

Rs. 602 cr

{convertedinto Zero Coupon NCDs)

(converted into Zero Coupon NCDs) To be extinguished entirely on repayment of sustainable debt without any further payment

Unsustainable Debt Rs. 88 Cr Allotment of equity value at applicable

prevailing market price of Rs. 11B by way of prevailing market price of Rs. 118 by way of

Corverson of unsustainable e

Interest component is included Interest component is included in the total outflow of in the total outflow of repayments, hence no further repayments, hence no further payment of Interest payment ofInterest

The company hasalready repaid The company has already repaid Rs. 219 cr from the proceeds of Rs. 219 cr from the proceeds of VSV and making payment ofRs. VSV and making payment of Rs. 40 crfrom the sale of identified 40 cr from the sale of identified assets assets

The repayment from the cash The repayment from the cash flow is Rs. 16 cr in 10 years flow is Rs. 16 cr in 10 years option or Rs.12 cr in8 years option or Rs. 12 cr in 8 years option, of which Rs.4 crhas option, of which Rs. 4 cr has already been paid already been paid

The repayments are linked The repayments are linked with realization from with realization from arbitration awards, claims and arbitration awards, claims and from specified assets from specified assets

Poised to strengthen balance sheet and financials

Investor Presentation Investor Presentation e

Preferential Allotment

Rs. 346 crore

the promoters), in strong focus and confid

Rs. 190 crore

Funds raised

growing opportunities in the

bidding for large new projects

qualification requisite

strengthen the order book

Rs.

With the propo

Rs. 293 crore

Rs. 170 crore

company is expected

Rs. 463 crore

Investor Presentation .

Delay in realization of Arbitration Amounts

)

, 8 ,

Delay in Debtor Realization

Total planned Liquidity

RS ° 4 6 3 C r.

-Out of the above liquidity, cumulative FDR of around Rs 83 cr has been created after the payment to NARCL

Investor Presentation

SPML Infra Limited has been assigneda credit rating by ICRA SPML Infra Limited has been assigned a credit rating by ICRA

- Instrument

Long Term-Fund Based-Term Loan Long Term-Fund Based-Term Loan (Rated amount — Rs. 477 crore) (Rated amount — Rs. 477 crore)

—

[ICRA] BBB-(Stable); [ICRA] BBB-(Stable); ) assigned assigned

Long Term/ Short Term Long Term / Short Term Non Fund Based-Proposed Non Fund Based-Proposed (Rated amount — Rs. 200 croreJ (Rated amount — Rs. 200 crore)

—

[ICRA]IBBB-(Stable) [ICRA]BBB-(Stable) [ICRA] [ICRA] A3; assigned A3; assigned

Awards & Claims

Engineering \ Life

Arbitration Arbitration Awards Awards

—

SPML

ParI icula is Particulars

Ainoui\t( Rsc rȚ Amount (Rs.cr)

PSU — Remaining Awards eligible under Vivad Se Vishwas II PSU — Remaining Awards eligible under Vivad Se Vishwas Il Scheme Scheme

PGCIL PGCIL

State Government State Government

Total Awards (with accrued Interest till Jan 2025) Total Awards (with accrued Interest till Jan 2025)

26.0 26.0

48.6 48.6

561.7 561.7

636.3 636.3

Arbitration Awards

Rs. 294 cr Expected from Vivad-Se Vishwas Scheme

receipt

of Arbitration Awards will

the actual receipt of Arbitration Awards will be • The the be actual The * cumulative of Interest till the date of actual receipt against cumulative of Interest till the date of actual receipt against the amount reflected in the table. the amount reflected in the table. • Out of the state Government awards, arbitration award of * Out of the state Government awards, arbitration award of Rs.181 crfrom Arunachal Pradesh Govt. undertaking is at Rs. 181 cr from Arunachal Pradesh Govt. undertaking is at the final stages at the Hon’ble Supreme Court. the final stages at the Hon’ble Supreme Court.

Rs. 26 cr To be received shortly

Investor Presentation Investor Presentation °

Arbitration Arbitration Claims Claims

—

SPML

Total Claims already filed till date Total Claims already filed till date

Rs.4,606.7

Particulars

Claims filed till date-PSU Claims filed till date-PSU

Claims filed till date-Non PSU Claims filed till date-Non PSU

Total Claims already filed till date Total Claims already filed till date

Amount (Rs. Cr)

332.0 332.0

4,274.7 4,274.7

4,606.7 4,606.7

- The Aforesaid amount will further increase with additional filing of claims which are under proce5s and the company's focus will be to - The Aforesaid amount will further increase with additional filing of claims which are under process and the company’s focus will be to

realize the amount to reduce the NARCL dues. realize the amount to reduce the NARCL dues.

- The Claim amount will be increased by Pendentlite Interest from the date of filing claims till the date of Award Order which will increase - The Claim amount will be increased by Pendentlite Interest from the date of filing claims till the date of Award Order which will increase

the claims amount substantially as stated in the above table. the claims amount substantially as stated in the above table.

Investor Presentation Investor Presentation °

nvironmental, ocial, & overnance

Engineering \ Life

ESG

Business Responsibility and Sustainability Report (BRSR)

SPML

BRSR Report to form a part of the FY24 Annual Report

BRSR Report *

The publication of Business Responsibility and Sustainability Report (BRSR), taking a significant step towards sustainability

Self Initiated *

Initiative taken despite not falling under regulatory compliances

ESG Highlights * *

Focus on the non financial performance across ESG framework Establishing long term goals towards ESG guidelines

Investor Presentation e

Aligned to National & International Frameworks

S P

Water management | Wastewater management | Resource efficiency and waste management |

•

• *

• * « •

Environment

Social

“

. •

- . Attract socially responsible Attract socially responsible investors investors Secure steady revenue from ion Secure steady revenue from long- g- term contracts term contracts Boost project sustainability Boost project sustainability credentials credentials

• • * • * • *

Increase productivity Increase productivity Reduce absenteeism Reduce absenteeism Become an employer of choice Become an employer of choice Improve decision-making with Improve decision-making with empowerment empowerment

@ Governance

Corporate Governance and Ethical Business

• *

•

Improved brand perception Improved brand perception among clients among clients Less regulatory notices/penalties Less regulatory notices/penalties

)

Save costs by reducing material Save costs by reducing material usage usage . Lower waste disposal fees Lower waste disposal fees Enhance reputation through Enhance reputation through compliance with current and compliance with current and Ie isl

Training, education, and |

Innovation and digitalization

Increased productivity Increased productivity Reduced operational costs Reduced operational costs Expedite project execution Expedite project execution Optimized decision- making Optimized decision- making process process

Provide competitive edge • Provide competitive edge * • Improved quality of work Improved quality of work * • Attract and retain talent Attract and retain talent *

)

• * + • • * • *

• Reduced costs from fewer Reduced costs from fewer * accidents and related insurance accidents and related insurance claims claims • Enhanced employee productivity Enhanced employee productivity * and retention and retention

Financial & Operational

Highlights

Engineering \ Life

Q3FY25 Q3FY25 Financials (standalone) Financials (Standalone)

Revenue (Rs. cr) Revenue (Rs. cr)

Revenue Revenue

EBITDA (Rs. cr) EBITDA (Rs. cr)

PAT (Rs. cr) PAT (Rs. cr)

s r »tr SpP

Engineering \

Life

259.1 259.1

200.8 200.8

200.7 200.7

26.0 26.0

23.0 23.0

Q3FY24 O3fY24

Q2FY25 Q2FY25

Q3FY25 Q3FY25

Q3FY24 Q3FY24

Q2FY25

Q3FY25

4.8 4.8

EBITDA Margins EBITDA Margins

12.9% 12.9%

11.S% 11.5%

14.0 14.0

10.4 10.4

Q2FY25 Q2FY25

Q3FY25 Q3FY25

1.0 1.0 — Q3FY24 Q3FY24

PATMargins PAT Margins

7.0% 7.0%

5.2% 5.2%

1.9% 1.9% | Q3FY24 Q3FY24

Q2FY25 Q2 FY25

Q3Y25 Q3FY25

0.4% 0.4%

Q3FY24 Q3FY24

Q2FY25 Q2FY25

Q3FY25 Q3FY25

Investor Presentation Investor Presentation e

9M-FY25 9M-FY25 Financials (standalone) Financials (Standalone)

s r »tr SpP

Engineering \

Life

Revenue (Rs. cr) Revenue (Rs. cr)

EBITDA (Rs. cr) EBITDA (Rs. cr)

PAT (Rs. cr) PAT (Rs. cr)

75.7 77

9M-FY25

11.4 11.4 ] 9M-FY24 PM-FY24

867.1 867.1

622.7 622.7

9M—FYZ4 9M-FY24

9M— FY25 9M-FY25

EBITDA Margins EBITDA Margins

12.2%

9M-FY25 9M—FY25

1.3% 13%

]

9M-FY24 9M— FY24

2.2 2.2 — 9M— FY24 9M-FY24

PAT Margins PAT Margins

0.3% 0.3% — 9N-FY24 OM-FY24

37.5 37.5

9M— FY25 9M-FY25

6.0% 6.0%

9M—FY25 OM-FY25

Investor Presentation Investor Presentation e

Financial Year Financial Year Result HighlightS (Standalone) Result nghllghts (Standalone)

s r »tr SFP| w.uL

Revenues (Rs. cr) Revenues (Rs. cr)

EBITDA (Rs. cr) EBITDA (Rs. cr)

PAT (Rs. cr) PAT (Rs. cr)

gt 7

ol P

878

FY23 Fy23

1,318

FY24 Fy24

Factors driving Profitability Factors driving Profitability

N w‘\do g

P& 7 ~

ple

23 FY23

Fy2a FY24

2 2

FY23 Fy23

& O i é@ //

<«

& 7

FY24 Fy24

•

• *

Access to numerous business opportunities ensuresa continuous flow of projects. Access to numerous business opportunities ensures a continuous flow of projects.

the future, revenue is expected to rised riven by an expanding order book. In Inthe future, revenue is expected to rise driven by an expanding order book.

Long-term partnerships with central and state water bodies, which are fully funded, facilitate the acquisition of lucrative contracts, bolstering revenue. Long-term partnerships with central and state water bodies, which are fully funded, facilitate the acquisition of lucrative contracts, bolstering revenue.

A high prequalification status allows the company toundertake superior quality projects, leading to increased revenue streams. A high prequalification status allows the company to undertake superior quality projects, leading to increased revenue streams.

In future profitability will further improve as there is no interest outgo and no cash flow of the company is used fordebt repayment. As per the requirement of IND AS, Rs. 189 In future profitability will further improve as there is no interest outgo and no cash flow of the company is used for debt repayment. As per the requirement of IND AS, Rs. 189 cr, gain on the discounted value of the sustainable debt, will be accounted for proportionately in the cr. However, the same will be cr, gain on the discounted value of the sustainable debt, will be accounted for proportionately in the next 8 years to restate the debt at Rs. 700 cr. However, the same will be compensated with the proportionate deferred income which will be accounted every year to take the advantage of Rs. 267 differential of both the options of repayment to compensated with the proportionate deferred income which will be accounted every year to take the advantage of Rs. 267 cr, the differential of both the options of repayment to NARCL. NARCL

next8 years to restate the debt at Rs. 700 cr, the

investor Presentation () Investor Presentation

s r »tr SpP

Engineering \

Life

Robust Robust Balance Sheet (standalone) Balance Sheet (Standalone)

Net Wonh (Rs. cr) Net Worth (Rs. cr)

Debt (Rs. cr)” Debt (Rs. cr)*

-7

_- -

622

1,704

- - - 509

349

558 558

407

FY23 FY23

FY24 FY24

Sep-24 Sep-24

FY23 FY23

FY24 FY24

Sep-24 Sep-24

”Aforesaid Debtfigure is after accounting for IND AS Requirements *Aforesaid Debt figure is after accounting for IND AS Requirements

Investor Presentation Investor Presentation e

Key Ratio

4.9

Debt to Equity (x) Debt to Equity (x)

Debt to EBITDA (x) Debt to EBITDA (x)

Current Ratio (x) Current Ratio (x)

s r »tr SpP

Engineering \

Life

Company s in the Company is in the process of becoming process of becoming debt free debt free

1.1

30.7 30.7

Improved Improved efficiency efficiency and better and better debt debt management management

7.2 7.2

3.2

Reducing the Reducing the risk of cash risk of cash flow problems flow problems and enhancing and enhancing operational operational stability stability

N Q/ﬁg\ 1.03

1.52 -

1.50 1.50

FY23 FY23

FY24 FY24

™

FY23 FY23

FY24 FY24

TTM ™

0.7

TTM ™

FY23 FY23

FY24 FY24

Return on Equity (%) Return on Equity (%)

Return on Capital Employed (%)

4.5% 5%

5.3% 5.3%

ISl

Efficient management and effective use of shareholders' funds

0.6% 0.6%

FY29 FY23

FY24 FY24

TTM ™

9.5% 9.5%

7.0% .0%

2.4% 4%

FY23 FY23

FY24 FY24

TTM ™

Investor Presentation Investor Presentation e

Projects executed Projects executed InIndia In India

—

3000 MM Dia MS Pipeline, Sauni Yojana, Gujarat

340 MLD Pumping Station for Treated Effluent Disposal, Yamuna Vihar, New Delhi

_ ter Treatment Plant

300 Mn Ltr Raw Water Reservoir, Pokhran

500 MLD Water Pumping Station, Bangalore

Investor Presentation e

About About SPML Infra SPML Infra

—

s /•/«t .,SP\{L

I” i * .i i -“. rii i |

I i

SPML Infra Ltd. isa leading publicly listed infrastructure development company in India witha rich legacy encompassing over four decades. The company SPML Infra Ltd. is a leading publicly listed infrastructure development company in India with a rich legacy encompassing over four decades. The company hasexecuted and commissioned nearly 700 infrastructure projects across India, significantly contributing to the nation's development. SPM L Infra Ltd. has executed and commissioned nearly 700 infrastructure projects across India, significantly contributing to the nation’s development. SPML Infra Ltd. has enhanced the lives of millions by providing essential services such as drinking water facilities, wastewater treatment, integrated sewerage networks, has enhanced the lives of millions by providing essential services such as drinking water facilities, wastewater treatment, integrated sewerage networks, improved municipal waste management, power transmission and distribution, and electrification of rural homes. Recognized among theWorld's Top 50 improved municipal waste management, power transmission and distribution, and electrification of rural homes. Recognized among the World’s Top 50 Infrastructure Companies, SPM L Infra Ltd. operates primarily in the engineering, procurement, Private Water Companies and India’s 50 Best Real Estate& Private Water Companies and India’s 50 Best Real Estate & Infrastructure Companies, SPML Infra Ltd. operates primarily in the engineering, procurement, and construction (EPC) segment. and construction (EPC) segment.

The company is primarily focused on the water and wastewater sector, where substantial opportunities are emerging due to significant government The company is primarily focused on the water and wastewater sector, where substantial opportunities are emerging due to significant government funding. With approximately T10 trillion allocated far water and sanitation infrastructure development projects in the coming years, SPML Infra Ltd., asa funding. With approximately 10 trillion allocated for water and sanitation infrastructure development projects in the coming years, SPML Infra Ltd., as a leading player in the industry, is strategically positioned to secure numerous contracts from both central and state governments, thereby enhancing its leading player in the industry, is strategically positioned to secure numerous contracts from both central and state governments, thereby enhancing its business prospects. business prospects.

Registered& Corporate office Registered & Corporate office 22, Camac 5treet,Block A, 3rd Floor Kolkata — 22, Camac Street,Block - A, 3rd Floor Kolkata — 700016. 700016. Contact: +91 33 4009 1200 Contact: +91 33 4009 1200

Internal Auditor& ESG Consultant: Internal Auditor & ESG Consultant: Ernst& Young (E&Y) LLP Ernst & Young (E&Y) LLP 22,Camac Street,3 d Floor 22, Camac Street, 3™ Floor Block C, Kolkata-700016 Block C, Kolkata-700016

Credit Rating Agency: Credit Rating Agency: ICRA Limited ICRA Limited Floor, Tower A, DLF Gurgaon. Building No. 8, 2nd Gurgaon. Building No. 8, 2nd Floor, Tower A, DLF Cvber City, Phase II, Gurgaon - 122 Cyber City, Phase Il, Gurgaon - 122 002

002

Statutory Auditor: Statutory Auditor: Maheshwari& Associates Maheshwari & Associates BB, Middleton Street, 6A GeeLanjali 8B, Middleton Street, 6A Geetanjali Kolkata — 70007I Kolkata — 700071

ASM Concurrent Auditor: ASM & Concurrent Auditor: KPMG Lodha Excelus, Apollo Mill Compound, Mill Compound, KPMG Lodha Mumbai Mumbai

Excelus,

Apollo

Solicitor Firm: Solicitor Firm: Argus and Partners Argus and Partners 27B, 3rd Floor, Binoy Bhavan, Camac St, 278, 3rd Floor, Binoy Bhavan, Camac St, Kolkata, West Bengal 700016 Kolkata, West Bengal 700016

Investor Presentation Investor Presentation e

SPML INFRA LIMITED Kapil Joshi — Investor.relations@spml.co.in

Pratik Patil pratik.patil@adfactorspr.com +9

Pranay Premkumar pranay.premkumar@adfactorspr.com +91 99207 66560

e L

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