Energy Infrastructure Trust has informed BSE Limited about the limited impact of the ongoing Middle East crisis on its operations, in compliance with SEBI InvIT Regulations. The disclosure, dated March 13, 2026, provides a comprehensive assessment of how global energy market disruptions have affected the Trust's pipeline infrastructure operations.

Pipeline Infrastructure and Operations

The Trust's portfolio consists of a 1,480 km cross-country natural gas pipeline connecting Kakinada in Andhra Pradesh to Bharuch in Gujarat, traversing five states. This critical infrastructure is owned and operated by Pipeline Infrastructure Limited (PIL), which serves as the Trust's sole Special Purpose Vehicle.

Impact of Middle East Crisis

The ongoing conflict in the Middle East has created significant disruption in global energy markets, particularly affecting shipping movements through the Strait of Hormuz. This strategically important corridor connects the Persian Gulf with the Arabian Sea and serves as a transit route for major Gulf producers including Qatar, Saudi Arabia, UAE, Kuwait, and Iraq.

India currently consumes around 190 mmscmd of natural gas, with approximately half supplied by domestic production and the balance imported as Regasified LNG (RLNG). A portion of this imported gas transits through the Strait of Hormuz, making it potentially vulnerable to regional disruptions.

Revenue Structure and Risk Mitigation

The Trust's exposure to global LNG disruptions remains limited due to its revenue structure. Approximately 85% of PIL's gas transportation revenue is derived from domestic gas sources located along India's east coast, while RLNG contributes the remaining balance.

The RLNG volumes transported through the PIL network are primarily sourced from established regasification terminals, including:

• Shell LNG Terminal at Hazira
• HPCL LNG Terminal at Chhara
• Petronet LNG Terminal at Dahej
• GAIL (India) Limited network

Government Response and Operational Status

As a precautionary measure, the Ministry of Petroleum and Natural Gas issued the Natural Gas (Supply Regulation) Order, 2026 dated March 9, 2026. This order prioritizes gas allocation for critical sectors including fertilizers, domestic PNG, and pipeline operations.

Despite global supply concerns, PIL has reported positive operational indicators. Over the past ten days, there has been an increase in volume from the Hazira terminal above usual levels flowing through PIL, indicating continued availability of natural gas through the pipeline network.

Current Operational Impact

The Trust has confirmed that the prevailing situation has had limited operational impact on both Pipeline Infrastructure Limited and Energy Infrastructure Trust in terms of revenue and operating costs. PIL maintains ample capacity to support increased RLNG volumes as required by the country to manage any supply disruptions.

The disclosure emphasizes the Trust's resilient operational structure and its ability to continue serving India's natural gas transportation needs despite global energy market volatility. The predominant reliance on domestic gas sources provides a natural hedge against international supply chain disruptions.

Energy Infrastructure Trust has received reaffirmation of its CRISIL AAA/Stable rating from CRISIL Ratings Limited, reinforcing its position as a highly creditworthy infrastructure investment trust. The rating was reaffirmed on March 9, 2026, through an official credit rating letter issued by CRISIL.

Rating Details and Significance

CRISIL Ratings Limited has reaffirmed its "CRISIL AAA/Stable" rating to Energy Infrastructure Trust, pronounced as CRISIL triple A rating with Stable outlook. This rating represents the highest level of credit quality available from the rating agency.

According to CRISIL's assessment, issuers with this rating are considered to have the highest degree of safety regarding timely servicing of debt obligations. Debt exposures to such issuers carry the lowest credit risk, making them attractive investment options for risk-averse investors.

Regulatory Compliance and Communication

The trust's investment manager, EnCap Investment Manager Private Limited (formerly known as Brookfield India Infrastructure Manager Private Limited), communicated this rating reaffirmation to BSE Limited in compliance with regulatory requirements. The communication was made pursuant to regulation 23(6) of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, and the SEBI Master Circular for Infrastructure Investment Trusts dated July 11, 2025.

Trust Management and Structure

Energy Infrastructure Trust, formerly known as India Infrastructure Trust, operates under the management of EnCap Investment Manager Private Limited. The investment manager, previously called Brookfield India Infrastructure Manager Private Limited, serves in its capacity as the designated investment manager for the trust.

Ankitha Jain, serving as Company Secretary & Compliance Officer with membership number A36271, signed the regulatory communication on behalf of the trust. The trust's registered office is located at Seawoods Grand Central, Tower-1, 3rd Level, C Wing - 301 to 304, Sector 40, Seawoods Railway Station, Navi Mumbai, Thane, Maharashtra.

Rating Surveillance and Accessibility

CRISIL Ratings maintains continuous surveillance of all assigned ratings and reserves the right to withdraw or revise ratings based on new information or changing circumstances. The rating information is publicly accessible through CRISIL's website at www.crisilratings.com , where investors can search for the latest ratings using the entity name.

The credit rating letter and related documentation are also available on the trust's official website at www.pipelineinvit.com , ensuring transparency and easy access for stakeholders and potential investors. This reaffirmation of the AAA rating strengthens the trust's market position and validates its robust financial management practices in the infrastructure investment sector.