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The Phoenix Mills Ltd. Capital/Financing Update 2020

Jun 26, 2020

60675_rns_2020-06-26_2ed37531-c519-4e47-bb4b-6b8def22c45d.pdf

Capital/Financing Update

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Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax: (022) 3001 6601 CIN No.: L17100MH1905PLC000200

June 26, 2020

BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza” Bandra-Kurla Complex, Dalal Street Fort, Mumbai- 400 001 Bandra East, Mumbai- 400051. (Security Code: 503100) (SYMBOL: PHOENIXLTD)

Dear Sir/Madam,

Sub: Intimation under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Further to our intimation dated June 20, 2020 and pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of The Phoenix Mills Limited (‘Company’) at their meeting scheduled to be held on June 29, 2020 will consider, among other things, a proposal to raise funds by way of issue of the Company’s securities (Equity and/or Convertible Instruments), through a rights issue / preferential issue / qualified institutions placement, subject to obtaining requisite regulatory / statutory approvals.

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

Kindly take the aforesaid information on your record and acknowledge receipt of the same.

Yours faithfully,

For The Phoenix Mills Limited

Gajendr Digitally signed by Gajendra a Mewara Date: 2020.06.26 Mewara 17:43:25 +05'30' Gajendra Mewara Company Secretary

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: [email protected] | www.thephoenixmills.com