The Phoenix Mills Ltd. — Board/Management Information 2021

May 27, 2021

May 28, 2021

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai‐ 400 001

National Stock Exchange of India Limited Exchange Plaza, Bandra‐Kurla Complex, Bandra East, Mumbai‐ 400051

Security code: 503100

Symbol: PHOENIXLTD

Dear Sir(s),

Sub: Intimation under regulation 30 read with Schedule III Part A Para A (7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir(s),

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors at their meeting held today i.e. May 27, 2021 approved the following:

• 1. Re‐appointment of Mr. Shishir Shrivastava (DIN: 01266095) as the Managing Director of the Company for a further period of five years with effect from July 30, 2021 to July 29, 2026;
• 1. Appointment of Mr. Rajesh Kulkarni (DIN: 03134336) as a Whole time Director of the Company for a period of 5 years with effect from May 27, 2021 to May 26, 2026

The aforesaid appointment/re‐appointment is subject to approval of members at ensuing Annual General Meeting of the Company.

Further, as required pursuant to BSE Circular with ref. no. LIST/ COMP/ 14/ 2018‐19 and the National Stock Exchange of India Ltd Circular with ref. no. NSE/ CML/ 2018/ 24, dated 20th June, 2018 and based on the declarations received from the Directors, we wish to confirm that Mr. Shishir Shrivastava and Mr. Rajesh Kulkarni have not been debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are attached as Annexure A to this letter.

This intimation is also uploaded on the Company's website: http://www.thephoenixmills.com.

You are requested to take the aforesaid information on record.

Thanking you,

Yours Faithfully, For The Phoenix Mills Limited Gajendra Mewara Digitally signed by Gajendra Mewara Date: 2021.05.28 00:03:08 +05'30'

Gajendra Mewara Company Secretary

Annexure A

Re‐appointment of Mr. Shishir Shrivastava as the Managing Director

Sr.No.	DetailsofEventsrequiredtobedisclosed	Disclosure
a.	NameoftheDirector	Mr.ShishirShrivastava(DIN:01266095)
b.	ReasonforChangeviz.Re‐appointment	TheBoardofDirectorsattheirmeetingheldon27th May,2021,approvedthere‐appointmentofMr.ShishirShrivastavaastheManagingDirectoroftheCompanypursuanttoendofhiscurrenttermforafurtherperiodoffive(5)yearswitheffectfromJuly30,2021toJuly29,2026(bothdaysinclusive).Thisre‐appointmentissubjecttoapprovalofshareholdersattheensuingAnnualGeneralMeetingoftheCompany.
c.	Dateofappointment&termofappointment	DateofRe‐appointment–witheffectfromJuly30,2021Periodoffive(5)yearscommencingfromJuly30,2021toJuly29,2026Hewouldbeliabletoretirebyrotation.
d.	Briefprofile	Qualification:Mr.ShishirShrivastavagraduatedfromIHM,Bengaluru.
		Experience&Profile:HehasbeenassociatedwiththePhoenixGroupsince1999invariouscapacities.WhilehewasinstrumentalinshapingupHighStreetPhoenixtoitscurrentreputation,healsolaidthefoundationfortheserviceandadvisoryverticalsandsawthroughthesuccessfulculminationofthehotelTheSt.Regis,MumbaiandPhoenixMarketCityprojects,launchedinphases.AsCompany'sManagingDirector,hecontinuestodriveseveralcriticalfunctionsofstrategicinitiatives,capitalraising,acquisitionsandbusinessplanning&analysisfortheCompany.
d.	Disclosureofrelationshipsbetweendirectors	He is not related to any Director of the Company

Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : info@thephoenixmills.com www.thephoenixmills.com

Appointment of Mr. Rajesh Kulkarni as a Whole‐time Director

Sr.	DetailsofEventsrequiredtobe	Disclosure
No.	disclosed
a.	NameofDirector	Mr.RajeshKulkarni(DIN:03134336)
b.	ReasonforChangeviz.appointment	TheBoardofDirectorsattheirmeetingheldon27th May,2021,approvedtheappointmentofMr.RajeshKulkarniasWhole‐timeDirectoroftheCompanyforaperiodoffive(5)yearswitheffectfromMay27,2021toMay26,2026.ThisappointmentissubjecttoapprovalofshareholdersattheensuingAnnualGeneralMeetingoftheCompany.
c.	Dateofappointment&termofappointment	27thDateofAppointment–witheffectfromMay,2021Periodoffive(5)yearscommencingfromMay27,2021toMay26,2026
		Hewouldbeliabletoretirebyrotation.
d.	Briefprofile	Qualification:BachelorofArchitectureExperience&Profile:Mr.RajeshKulkarnihasover27yearsofexperienceindrivingdevelopment,planningandimplementationoftheprojectfromanarchitecturalperspective.HeistheGroupDirector ‐ ProjectsDeliveryandisresponsiblefordrivingalltheprojectsofthePhoenixGroup.Hereceivessteadfastsupportfromexperiencedarchitects,engineersandothertechnicalpersonnelindesign,projectco‐ordinationanddeliveryfunctions,toensurethattheprojectsarecompletedwithintime,costandwithquality.
f.	Disclosureofrelationshipsbetweendirectors	HeisnotrelatedtoanyDirectoroftheCompany