THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY.

THIS IS NOT A PROSPECTUS ANNOUNCEMENT AND DOES NOT CONSTITUTE AN INVITATION OR OFFER TO
ACQUIRE, PURCHASE OR SUBSCRIBE FOR UNITS OR SECURITIES.

CAPITAL INFRA TRUST

(ERSTWHILE NATIONAL INFRASTRUCTURE TRUST)
(Registered in the Republic of India as an irrevocable trust set up under the Indian Trusts Act, 1882 on September 25, 2023, read along with Amendment to the Trust Deed dated October 10,2024 in Gurugram, Haryana, India and
registered as an infrastructure investment trust under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended, (“SEBI InvIT Regulations”) on March 7, 2024 having registration
number IN/INVIT/23-24/00029. An updated certificate of registration dated October 16, 2024, bearing registration number IN/InvIT/23-24/0029, was issued to the Trust, by SEBI pursuant to change of name of the Trust to “Capital
Infra Trust” in accordance with the SEBI InvIT Regulations.)
Principal place of business and registered office:Unit No. 1401-1403, 14th Floor, Tower B, SAS Tower, Medicity, Sector-38, Gurugram 122001, Haryana, India
Tel: +0124 4920139; Compliance Officer: Shubham Jain
E-mail: [email protected]; Website: www.capitalinfratrust.com
NOTICE TO THE INVESTORS: ADDENDUM TO THE DRAFT OFFER DOCUMENT (THE “ADDENDUM”)
SPONSOR INVESTMENT MANAGER TRUSTEE

Gawar Construction Limited Gawar Investment Manager Private Limited Axis Trustee Services Limited

This is in relation the initial public offer of units of Capital Infra Trust (erstwhile National Infrastructure Trust) (the “InvIT” or “Trust”) for an amount aggregating up to ₹ 16,000.00 million comprising a fresh issue of up to [●] Units
aggregating up to ₹ 12,000.00 million by the Trust (the “Fresh Issue”) and the Sponsor Selling Unitholder, offering up to [●] Units aggregating up to ₹ 4,000.00 million for a cash price of ₹ [●] per Unit (the “Offer for Sale” and together
with the Fresh Issue, the “Offer”) and the draft offer document dated August 26, 2024 (“Draft Offer Document”) filed with the Securities and Exchange Board of India (“SEBI”), the National Stock Exchange of India Limited (“NSE”)
and BSE Limited (“BSE”, and together with NSE, the “Stock Exchanges”).

INITIAL PUBLIC OFFER IN RELIANCE UPON REGULATION 14(4) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (INFRASTRUCTURE INVESTMENT TRUSTS) REGULATIONS, 2014, AS
AMENDED.

The potential investors may note the following:

1. In the Draft Offer Document, reference to the term “Trust” or “InvIT” refer to “National Infrastructure Trust”. However, SEBI, pursuant to its letter bearing reference no. SEBI/HO/DDHS/DDHS-RAC-1/P/OW/2024/29332/1
dated September 12, 2024 issued to all the Infrastructure Investment Trusts and letter no. SEBI/HO/DDHS-RAC-1/OW/P/2024/29293/1 dated September 12, 2024 (“SEBI Advisory”) issued to the Trust, advised the Trust to
refrain from using the word “National”, “India”, “Indian” or “Bharat” or words which suggest patronage of Government of India in the name of the Trust. The board of directors (“Board”) of the Gawar Investment Manager
Private Limited (“Investment Manager”) vide resolution dated October 4, 2024 (“Resolution”) approved the change of the name of the “National Infrastructure Trust” to “Capital Infra Trust”.

2. In order to assist the potential investors to get a complete understanding of the updated information consequent upon the change of name of the Trust, the updated relevant portions of the cover page and sections titled “Definitions
and Abbreviations”, “The Offer”, “Overview of the Trust”, “Risk Factor”, “Summary of Business”, “General Information”, “Business”, “Summary of Concession Agreements”, “Management’s Discussion and Analysis of
Financial Condition and Results of Operations”, “Regulatory Approvals” and “Material Contracts and Documents for Inspection” have been included in this Addendum. All other reports and statements as obtained from third
party service providers addressed and referring to “National Infrastructure Trust” shall now be read as addressed and referring to the “Capital Infra Trust (erstwhile National Infrastructure Trust)”.

3. The above changes are to be read in conjunction with the Draft Offer Document and accordingly their references in the Draft Offer Document stand updated pursuant to this Addendum. The information in this Addendum
supplements the Draft Offer Document and updates the information in the Draft Offer Document, as applicable. However, this Addendum does not reflect all the changes that have occurred between the date of filing of the Draft
Offer Document and the date hereof, and accordingly does not include all the changes and/or updates that will be included in the Offer Document and the Final Offer Document. Please note that all other details / information
included in the Draft Offer Document will be suitably updated, including to the extent stated in this Addendum, as may be applicable, in the Offer Document and the Final Offer Document, as and when filed with SEBI and
Stock Exchanges. Investors should not rely on the Draft Offer Document or this Addendum for any investment decision and should read the Offer Document and the Final Offer Document, as and when filed with SEBI and
Stock Exchanges before making an investment decision with respect to the Offer. All capitalized terms used in this Addendum shall, unless the context otherwise requires, have the meaning ascribed to them in the Draft Offer
Document.

Place Gurugram, Haryana

Date: October 17, 2024

LEAD MANAGERSS TO THE OFFER REGISTRAR TO THE OFFER

SBI Capital Markets Limited HDFC Bank Limited KFin Technologies Limited
1501, 15th Floor, A & B Wing, Parinee Crescenzo Investment Banking Group, Unit No. 701, 702 and 702-A, 7th floor Selenium, Tower-B
G Block, Bandra Kurla Complex Tower 2 and 3, One International Centre Plot 31 and 32, Financial District
Bandra East, Mumbai 400 051 Senapati Bapat Marg, Prabhadevi, Mumbai –400013 Nanakramguda, Serilingampally
Maharashtra, India Maharashtra, India Hyderabad 500 032
Tel: +91 22 4196 8300 Tel: +91 22 3395 8233 Telangana, India
E-mail: [email protected] E-mail: [email protected] Tel: +91 49 6716 2222
Website: www.sbicaps.com Website: www.hdfcbank.com E-mail: [email protected]
Contact Person: Mandeep Singh Investor Grievance E-mail: [email protected] Website: www.kfintech.com
Investor grievance E-mail: [email protected] Contact Person: Sanjay Chudasama Investor Grievance E-mail: [email protected]
SEBI Registration No.: INM000003531 SEBI Registration No: INM000011252 Contact Person: M.Murali Krishna
SEBI Registration No.: INR000000221
BID/ OFFER PROGRAM#
BID/ OFFER OPENS ON: [●]* BID/ OFFER CLOSES ON: [●]**
*The Investment Manager may, in consultation with the Lead Managers, consider participation by Anchor Investors in accordance with the SEBI InvIT Regulations and SEBI Guidelines. The Anchor Investor Bidding Date shall be one
Working Day prior to the Bid/Offer Opening Date.
**The Investment Manager may, in consultation with the Lead Managers, consider closing the Bid/ Offer Period for QIBs one Working Day prior to the Bid/ Offer Closing Date in accordance with the SEBI Guidelines.
# The Offer may also include participation by Strategic Investors in accordance with the SEBI Guidelines.
 TABLE OF CONTENTS
DEFINITIONS AND ABBREVIATIONS .............................................................................................................2
THE OFFER .......................................................................................................................................................3
OVERVIEW OF THE TRUST ..............................................................................................................................5
RISK FACTORS .................................................................................................................................................6
SUMMARY OF BUSINESS .................................................................................................................................7
GENERAL INFORMATION ...............................................................................................................................8
BUSINESS ..........................................................................................................................................................9
SUMMARY OF CONCESSION AGREEMENTS ................................................................................................ 10
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS.................................................................................................................................................. 11
REGULATORY APPROVALS ........................................................................................................................... 12
MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION .................................................................. 13
DECLARATION............................................................................................................................................... 14

1
 DEFINITIONS AND ABBREVIATIONS

The following definition shall amend and replace the respective definitions in the section “Definitions and Abbreviations”
beginning on page 3 of the Draft Offer Document.

Trust Related Terms

Term Description
Amendment to the Trust Amendment to the Trust Deed dated October 10, 2024, entered into between, the
Deed Sponsor and the Trustee.
Amendment to the Amendment to the Investment Management Agreement dated October 7, 2024,
Investment Management entered into between, the Trustee (on behalf of the Trust), the Investment Manager and
Agreement the Initial SPVs.
Investment Management Investment management agreement dated November 10, 2023, entered into between
Agreement the Trustee (on behalf of the Trust) and the Investment Manager, as amended.
InvIT or Trust Capital Infra Trust (erstwhile National Infrastructure Trust)
Trust Deed Trust deed dated September 25, 2023, executed between the Sponsor and the Trustee,
as amended.

2
 THE OFFER

The following line items shall reflect the requisite changes in “The Offer” beginning on page 17 of the Draft Offer Document.
Offer Up to [●] Units aggregating up to ₹ 16,000.00 million
Of which
Fresh Issue# Up to [●] Units aggregating up to ₹ 12,000.00 million
Offer for Sale## Up to [●] Units aggregating up to ₹ 4,000.00 million
Less
Strategic Investor Portion* Up to [●] Units aggregating up to ₹ [●] million, subject to
a maximum of 25% of the Offer
Offer Up to [●] Units aggregating up to ₹16,000.00 million
Of which
Institutional Investor Portion (not more than 75% of the Offer)** Not more than [●] Units
Non-Institutional Investor Portion (not less than 25% of the Offer) Not less than [●] Units
Floor Price ₹[●]
Cap Price ₹[●]
Offer Price ₹[●]
Minimum Bid Size ₹[●]
Bid/Offer Opening Date*** [●]
Bid/Offer Closing Date**** [●]
Trust Capital Infra Trust (erstwhile National Infrastructure Trust)
Sponsor/ Sponsor Selling Unitholder Gawar Construction Limited
Trustee Axis Trustee Services Limited
Investment Manager Gawar Investment Manager Private Limited
Project Manager Gawar Construction Limited
Authority for this Offer This Offer was authorised, and approved by the IM Board on
August 20, 2024 and the InvIT Committee on August 26, 2024

The Offer for Sale has been authorised by the board of directors of
the Sponsor Selling Unitholder on August 22, 2024
Tenure of the Trust The Trust shall stand settled until it comes to an end or is wound
up in accordance with the Trust Deed and applicable law. For
details, refer to the section titled “Parties to the Trust” on page 109
Units issued and outstanding as of the date of this Draft Offer As of the date of this Draft Offer Document, there are no issued
Document and outstanding Units
Units issued and outstanding immediately after this Offer [●] Units
Details of commitment received from Strategic Investors [●]
Sponsor Units Up to [●] Units

The Units to be held by the Sponsor will be allotted to the Sponsor,

simultaneously with the Allotment pursuant to this Offer. Such
Units held by the Sponsor shall rank pari passu with, and have
the same rights as, the Units to be Allotted.
Distribution Refer to the section titled “Distributions” on page 211
Indian Taxation For statement of possible tax consideration / benefits available to
the Trust and its Unitholders under applicable laws in India, refer
to the section titled “Statement of Possible Tax Benefits” on page
82
Use of Proceeds Refer to the section titled “Use of Proceeds” on page 78
Listing Prior to this Offer, there has been no market for the Units. The
Units are proposed to be listed on the BSE and NSE. In-principle
approval for listing of the Units has been received from BSE and
NSE on [●] and [●], respectively. The Investment Manager shall
apply to the Stock Exchanges for the final listing and trading
approval, after the Allotment and the credit of the Units to the
demat accounts of the Allottees
Designated Stock Exchange BSE
Closing Date The date on which Allotment of the Units pursuant to this Offer shall
be made, i.e., on or about [●]
Ranking The Units being issued shall rank pari passu in all respects,
including rights in respect of distribution. Refer to the section titled
“Rights of Unitholders” on page 214
Lock-in and Rights of Unitholders For details, refer to the section titled “Information Concerning
the Units” on page 75 and “Rights of Unitholders” on page 214
Risk Factors Prior to making an investment decision, Bidders should
carefully consider the matters discussed in the section titled “Risk
Factors” on page 21
#
The Offer has been authorized by a resolution of the IM Board dated August 20, 2024, and the InvIT Committee on August 26, 2024.
##
The Sponsor Selling Unitholder has consented to participate in the Offer for Sale pursuant to a resolution of the board of directors of the Sponsor dated
August 22, 2024. Further, with respect to the Units offered by the Sponsor Selling Unitholder in the Offer for Sale, the Sponsor Selling Unitholder has held

3
equity shares in the Initial Portfolio Assets (against which such Units are to be received), for a period of at least one year immediately preceding the date
of this Draft Offer Document.
*
The Investment Manager may, in consultation with the Lead Managers, consider participation by Strategic Investors in the Offer in accordance with the
SEBI InvIT Regulation and SEBI Guidelines. Each Strategic Investor proposing to invest in the Offer shall enter into a strategic investor unit subscription
agreement with the Investment Manager (on behalf of the Trust) prior to filing of the Offer Document with SEBI and the Stock Exchanges.
**
The Investment Manager may, in consultation with the Lead Managers, consider participation by Anchor Investors in the Offer for up to 60% of
the Institutional Investor Portion in accordance with the SEBI InvIT Regulation and SEBI Guidelines.
***
The Anchor Investor Bidding Date shall be one Working Day prior to the Bid/Offer Opening Date
****
The Investment Manager may, in consultation with the Lead Managers, consider closing the Bid/ Offer Period for QIBs one Working Day prior to
the Bid/ Offer Closing Date in accordance with the SEBI Guidelines.

4
 OVERVIEW OF THE TRUST

The following amendments shall reflect the requisite changes in “Overview of the Trust” beginning on page 19 of the Draft
Offer Document.

Structure and description of the Trust

The Trust has been settled by Gawar Construction Limited (the Sponsor and the settlor), as an irrevocable trust under the
provisions of the Trusts Act in Gurugram, Haryana, India pursuant to the Trust Deed. The Trust has been registered with SEBI
as an infrastructure investment trust under the SEBI InvIT Regulations on March 7, 2024, having registration number
IN/INVIT/23-24/00029 (updated vide SEBI registration certificate dated October 16, 2024, bearing registration number
IN/InvIT/23-24/0029). The Sponsor has irrevocably transferred to the Trust an amount of ₹5,100 towards the initial corpus of
the Trust, with an intention to settle and establish the Trust.

5
 RISK FACTORS

The following existing risk factors in the section “Risk Factors” beginning on page 21 of the Draft Offer Document shall be
updated / replaced with the following risk factors

1. The Trust is a newly settled trust and does not have an established operating history, which will make it difficult to
accurately assess our future growth prospects.

The Trust was set-up as an infrastructure investment trust and registered with the SEBI on March 7, 2024 (updated vide SEBI
registration certificate dated October 16, 2024) and subject to receipt of requisite approvals, proposes to acquire 100% of the
equity shares in each of the Project SPVs, pursuant to the Share Purchase Agreements, prior to the Allotment of Units. For
further details, please see the section titled “Formation Transactions in Relation to the Trust” on page 97. The Trust does not
have any operating history or its own historical financial information by which its past performance may be assessed. This
will make it difficult for investors to assess its future performance. Further, growth prospects as an infrastructure investment
trust can be affected by a wide variety of factors, including, inability to raise funds required for our operations, adverse
developments in tax regulations affecting our Unitholders, operational performance, distribution, and acquiring new assets.
Any inability to meet these challenges could cause disruptions to our operations and could be detrimental to our long-term
business outlook. There can be no assurance that the Initial Portfolio Assets will be able to generate sufficient revenue from
their operations to generate sufficient cash flows to make distributions to the Unitholders, or that such distributions will be
in line with those set out in the section titled “Projections of Revenue from Operations and Cash Flow from Operating
Activities” on page 359. Additionally, the historical financial information of the Project SPVs on a combined basis has been
included in this Draft Offer Document in the section titled “ Special Purpose Combined Financial Statements” on page 221.
There can be no assurance that our future performance will be consistent with the historical financial information on a
combined basis included in this Draft Offer Document.

22. We may not be able to obtain trademark registration or continue to use our intellectual property.

As of the date of this Draft Offer Document, our Investment Manager on our behalf has made an application dated October
11, 2024, bearing number 6665314 and 6665315, for trademark registration with the Registrar of Trade Marks, Delhi for the

logo of the Trust , under class 35 and 36, respectively, of the Trade Marks Act, 1999. The registration of
trademark is a time-consuming process and there can be no assurance that such registration will be granted by the concerned
authority. If we fail to register our logo, we would not be able to protect relevant intellectual property or may have to cease
the usage of the logo.

6
 SUMMARY OF BUSINESS

The following amendments shall reflect the requisite changes in “Summary of Business” beginning on page 65 of the Draft
Offer Document.

Capital Infra Trust (erstwhile National Infrastructure Trust) is an infrastructure investment trust sponsored by Gawar
Construction Limited (“GCL” or “Sponsor”), established on September 25, 2023, with the objective to carry on the activities
of, and to make investments as, an infrastructure investment trust, as permissible under the SEBI InvIT Regulations. We were
settled by way of the Trust Deed, by GCL (the Sponsor) read along with Amendment to the Trust Deed and registered as an
infrastructure investment trust with SEBI on March 7, 2024 (updated vide SEBI registration certificate dated October 16,
2024), in accordance with the SEBI InvIT Regulations.

7
 GENERAL INFORMATION

The following amendments shall reflect the requisite changes in “General Information” beginning on page 70 of the Draft
Offer Document.

The Trust has been settled by Gawar Construction Limited, our Sponsor, as an irrevocable trust under the provisions of the
Trusts Act in Gurugram, India pursuant to the Trust Deed on September 25, 2023, read along with Amendment to the Trust
Deed. The Trust has been registered with the SEBI as an infrastructure investment trust under Regulation 3(1) of the SEBI
InvIT Regulations on March 7, 2024, having registration number IN/INVIT/23-24/00029 (updated vide SEBI registration
certificate dated October 16, 2024, bearing registration number IN/InvIT/23-24/0029) in accordance with the SEBI InvIT
Regulations. For further details on the background of the Trust and description of the Project SPVs, refer to the section titled
“Overview of the Trust”, “Formation Transactions in relation to the Trust” and “Business” on pages 17, 97 and 145,
respectively.

Principal place of business, registered office, and correspondence address of the Trust:

Capital Infra Trust (Erstwhile National Infrastructure Trust)

Unit No. 1401-1403, 14th Floor
Tower B, SAS Tower, Medicity, Sector-38 Gurugram – 122001
Haryana, India
Tel: 0124 – 4920139
E-mail: [email protected]
SEBI registration number: IN/INVIT/23-24/00029
Date of registration with the SEBI: March 7, 2024.
Pursuant to our name change, an updated certificate dated October 16, 2024, bearing registration number IN/InvIT/23-
24/0029) was issued by SEBI in accordance with the SEBI InvIT Regulations.

8
 BUSINESS

The following amendments shall reflect the requisite changes in “Business” beginning on page 145 of the Draft Offer
Document.

Overview

Capital Infra Trust (erstwhile National Infrastructure Trust) is an infrastructure investment trust sponsored by Gawar
Construction Limited (“GCL” or “Sponsor”), established on September 25, 2023 with the objective to carry on the activities
of, and to make investments as, an infrastructure investment trust, as permissible under the SEBI InvIT Regulations. We were
settled by way of the Trust Deed, by GCL (the Sponsor) read along with Amendment to the Trust Deed and registered as an
infrastructure investment trust with SEBI on March 7, 2024, (updated vide SEBI registration certificate dated October
16, 2024) in accordance with the SEBI InvIT Regulations.

9
 SUMMARY OF CONCESSION AGREEMENTS

The following amendments shall reflect the requisite changes in “Summary of Concession Agreements” beginning on page
171 of the Draft Offer Document.

The following are brief descriptions of the concession agreements entered into by the Initial Portfolio Assets or SPVs. The
descriptions and summaries of the concession agreements below are indicative and they are not, nor do they purport to be, full,
complete or exhaustive descriptions and summaries. Capitalized terms used in this section and not defined, have the meaning
as assigned to such terms in the respective concession agreements. Copies of these concession agreements have been made
available for inspection at the office of the Capital Infra Trust (erstwhile National Infrastructure Trust), Unit No. 1401-1403, 14th
Floor, Tower B, SAS Tower, Medicity, Sector- 38, Gurugram, Haryana- 122001. For further details, please see “Material
Contracts and Documents for Inspection” on page 370.

10
 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The following amendments shall reflect the requisite changes in “Summary of Business” beginning on page 287 of the Draft
Offer Document.

Overview

Capital Infra Trust (erstwhile National Infrastructure Trust) is an infrastructure investment trust sponsored by Gawar
Construction Limited (“GCL” or “Sponsor”), established on September 25, 2023 with the objective to carry on the activities
of, and to make investments as, an infrastructure investment trust, as permissible under the SEBI InvIT Regulations. We were
settled by way of the Trust Deed, by GCL (the Sponsor) read along with Amendment to the Trust Deed and registered as an
infrastructure investment trust with SEBI on March 7, 2024, (updated vide SEBI registration certificate dated October 16,
2024) in accordance with the SEBI InvIT Regulations.

11
 REGULATORY APPROVALS

Details of the following certificate shall be inserted in the chapter “Regulatory Approvals” beginning on page 325 of the
Draft Offer Document in the appropriate alphabetical order.

B. Approvals in relation to the Trust

1. Updated certificate of registration dated October 16, 2024, bearing registration number IN/InvIT/23-24/0029 issued by
SEBI to the Trust in accordance with the SEBI InvIT Regulations, pursuant to change of name of the Trust to “Capital
Infra Trust”.

12
 MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION

Details of following contracts shall be inserted in the list of the deemed material contracts in “Material Contracts and
Documents for Inspection” beginning on page 370 of the Draft Offer Document in the appropriate alphabetical order.

1. Amendment to the Trust Deed entered into between Gawar Construction Limited (as the Sponsor) and the Trustee dated
October 10, 2024.

2. Updated SEBI registration certificate for the Trust bearing registration number IN/InvIT/23-24/0029 dated October 16, 2024,
under the name of “Capital Infra Trust” as an infrastructure investment trust.

3. Amendment to the Investment management agreement dated October 7, 2024, entered into between the Trustee (on behalf of
the Trust) and Investment Manager.

13
 DECLARATION

The Investment Manager hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI
Guidelines, SEBI Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied
with and no statement made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI
Guidelines, the SEBI Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Investment Manager
further certifies that all the statements and disclosures in this Addendum are material, true, correct, not misleading and are
adequate in order to enable the investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR INVESTMENT MANAGER PRIVATE LIMITED

Name: Yudhvir Singh Malik

Designation: Chairman and Independent Director
Date: October 17, 2024
Place: Gurugram

14
 DECLARATION

The Investment Manager hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI
Guidelines, SEBI Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied
with and no statement made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI
Guidelines, the SEBI Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Investment Manager
further certifies that all the statements and disclosures in this Addendum are material, true, correct, not misleading and are
adequate in order to enable the investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR INVESTMENT MANAGER PRIVATE LIMITED

Name: Rakesh Kumar

Designation: Director
Date: October 17, 2024
Place: Gurugram

15
 DECLARATION

The Investment Manager hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI
Guidelines, SEBI Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied
with and no statement made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI
Guidelines, the SEBI Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Investment Manager
further certifies that all the statements and disclosures in this Addendum are material, true, correct, not misleading and are
adequate in order to enable the investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR INVESTMENT MANAGER PRIVATE LIMITED

Name: Neeraj Sheoran

Designation: Director
Date: October 17, 2024
Place: Mumbai

16
 DECLARATION

The Investment Manager hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI
Guidelines, SEBI Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied
with and no statement made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI
Guidelines, the SEBI Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Investment Manager
further certifies that all the statements and disclosures in this Addendum are material, true, correct, not misleading and are
adequate in order to enable the investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR INVESTMENT MANAGER PRIVATE LIMITED

Name: Bant Singh Singla

Designation: Director
Date: October 17, 2024
Place: Gurugram

17
 DECLARATION

The Investment Manager hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI
Guidelines, SEBI Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied
with and no statement made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI
Guidelines, the SEBI Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Investment Manager
further certifies that all the statements and disclosures in this Addendum are material, true, correct, not misleading and are
adequate in order to enable the investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR INVESTMENT MANAGER PRIVATE LIMITED

Name: Satish Chandra

Designation: Independent Director
Date: October 17, 2024
Place: Chandigarh

18
 DECLARATION

The Investment Manager hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI
Guidelines, SEBI Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied
with and no statement made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI
Guidelines, the SEBI Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Investment Manager
further certifies that all the statements and disclosures in this Addendum are material, true, correct, not misleading and are
adequate in order to enable the investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR INVESTMENT MANAGER PRIVATE LIMITED

Name: Vijayalakshmi R. Iyer

Designation: Independent Director
Date: October 17, 2024
Place: Mumbai

19
 DECLARATION

The Sponsor hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI Guidelines, SEBI
Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied with and no statement
made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI Guidelines, the SEBI
Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor further certifies that all the
statements and disclosures in this Addendum are material, true, correct, not misleading and are adequate in order to enable the
investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR CONSTRUCTION LIMITED

Name: Rakesh Kumar

Designation: Director
Date: October 17, 2024
Place: Gurugram

20
 DECLARATION

The Sponsor hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI Guidelines, SEBI
Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied with and no statement
made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI Guidelines, the SEBI
Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor further certifies that all the
statements and disclosures in this Addendum are material, true, correct, not misleading and are adequate in order to enable the
investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR CONSTRUCTION LIMITED

Name: Ravinder Kumar

Designation: Director
Date: October 17, 2024
Place: Gurugram

21
 DECLARATION

The Sponsor hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI Guidelines, SEBI
Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied with and no statement
made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI Guidelines, the SEBI
Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor further certifies that all the
statements and disclosures in this Addendum are material, true, correct, not misleading and are adequate in order to enable the
investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR CONSTRUCTION LIMITED

Name: Ram Kishan

Designation: Whole-time Director
Date: October 17, 2024
Place: Kangra

22
 DECLARATION

The Sponsor hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI Guidelines, SEBI
Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied with and no statement
made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI Guidelines, the SEBI
Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor further certifies that all the
statements and disclosures in this Addendum are material, true, correct, not misleading and are adequate in order to enable the
investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR CONSTRUCTION LIMITED

Name: Bant Singh Singla

Designation: Director
Date: October 17, 2024
Place: Gurugram

23
 DECLARATION

The Sponsor hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI Guidelines, SEBI
Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied with and no statement
made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI Guidelines, the SEBI
Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor further certifies that all the
statements and disclosures in this Addendum are material, true, correct, not misleading and are adequate in order to enable the
investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR CONSTRUCTION LIMITED

Name: Phoolwati
Designation: Director
Date: October 17, 2024
Place: Gurugram

24
 DECLARATION

The Sponsor hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI Guidelines, SEBI
Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied with and no statement
made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI Guidelines, the SEBI
Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor further certifies that all the
statements and disclosures in this Addendum are material, true, correct, not misleading and are adequate in order to enable the
investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR CONSTRUCTION LIMITED

Name: Bhupinder Singh

Designation: Independent Director
Date: October 17, 2024
Place: Panchkula

25
 DECLARATION

The Sponsor hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI Guidelines, SEBI
Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied with and no statement
made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI Guidelines, the SEBI
Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor further certifies that all the
statements and disclosures in this Addendum are material, true, correct, not misleading and are adequate in order to enable the
investors to make an informed decision.

SIGNED BY THE DIRECTOR OF GAWAR CONSTRUCTION LIMITED

Name: Sumedha Kataria

Designation: Independent Director
Date: October 17, 2024
Place: New Delhi

26
 DECLARATION

The Sponsor Selling Unitholder hereby declares and certifies that all relevant provisions of the SEBI InvIT Regulations, SEBI
Guidelines, SEBI Act and all regulations and guidelines issued by the GoI or SEBI (as the case may be) have been complied
with and no statement made in this Addendum is contrary to the provisions of the SEBI InvIT Regulations, the SCRA, the SEBI
Guidelines, the SEBI Act, or rules, regulations, and guidelines issued thereunder (as the case may be). The Sponsor Selling
Unitholder further certifies that all the statements and disclosures in this Addendum are material, true, correct, not misleading
and are adequate in order to enable the investors to make an informed decision.

SIGNED BY GAWAR CONSTRUCTION LIMITED

(as the Sponsor Selling Unitholder)

Name: Rakesh Kumar

Designation: Director
Date: October 17, 2024
Place: Gurugram

27