IIP.L Regulatory News (IIP)

12 July 2024

Infrastructure India plc

("IIP" or the "Company" or, together with its subsidiaries, the "Group")

Director Resignation

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that M.S. Ramachandran is resigning from the Board, with immediate effect.

Mr Ramachandran has been a long standing and supportive director of IIP. Following the shareholder vote to remove the only other independent director at the AGM in June, Mr Ramachandran, feels he cannot perform the required duties as the sole independent director.

The Company thanks Mr Ramachandran for his many years of service and wishes him well.

Following the AGM in June and today's announcement, the Board comprises Tom Tribone, Chairman and Sonny Lulla, Chief Executive, which does not meet the corporate governance guidance of the QCA Code.

Further updates will be made in due course.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

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