Likhitha Infrastructure Limited announced that at its board meeting held on August 9, 2023, approved opening of its Branch Office in Abu Dhabi, United Arab Emirates, subject to compliance with the applicable laws and regulations. Name of the target entity: Likhitha HAK Arabia Contracting Company, Saudi Arabia. Nature of relation with the target entity: Joint Venture Entity.

Nature of the transaction: Investment/Loan/Advance. The target entity is a joint venture entity of Likhitha Infrastructure Limited and none of the promoter/promoter group are interested in the transactions. The transaction will be done in the general course of business at arm's length price.

Amount of consideration: Up to INR 200,000,000 in one or more tranches.