May 17, 2024

To,

Axis Bank Ltd,

214-215 City Mall,2nd Floor,
Plot No.1, S.No. 132,Ganesh
Khind Road, Pune-411007.

Sub: Discharge of Stand-By Letter of Credit (LC) No. 16360100015124 by Maharashtra Natural Gas Limited

Dear Sir / Madam,

This is with reference to the Letter of Credit as per details given below, issued by your bank in our favour
on behalf of M/s MAHARASHTRA NATURAL GAS LIMITED (MNGL).

We hereby confirm that we do not have any objection in release / closure of the said Letter of Credits.
(LC) No. 16360100015124 dated 27.02.2023.

Kindly acknowledge receipt of the same.

Thanking you,

Yours faithfully,

For and on behalf of

Authorized Signatory
Pipeline Infrastructure Limited

PIPELINE INFRASTRUCTURE LIMITED

(Formerly known as Pipeline Infrastructure Private Limited)
CIN: U60300MH2018PLC308292; Registered Office: Seawoods Grand Central, Tower-1, 3rd Level, C Wing - 301 to 304,
Sector 40, Seawoods Railway Station, Navi Mumbai, Thane, Maharashtra - 400706, India
Tel No.: +91 22 3501 8000 Email: compliance@pipelineinfra.com Website: www.pipelineinfra.com