The Phoenix Mills Ltd. — Share Issue/Capital Change 2021

Jan 11, 2021

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

January 11, 2021

To,

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street, Fort, Bandra-Kurla Complex, Bandra East, Mumbai- 400 001 Mumbai- 400051

Security code: 503100 Symbol: PHOENIXLTD

Dear Sir/Madam,

Sub: Allotment of 22,500 Equity Shares of face value of ₹ 2/- each pursuant to The Phoenix Mills Employees’ Stock Option Plan 2007

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we wish to inform you that the Compensation Committee of the Board of Directors of The Phoenix Mills Limited on January 11, 2021, vide a resolution passed by circulation has allotted 22,500 Equity Shares of ₹ 2/- each fully paid-up to the grantees upon exercise of stock options pursuant to The Phoenix Mills Employees Stock Option Plan 2007.

Consequent upon allotment of the above shares, the paid-up Equity Share Capital of the Company stands increased ₹ 34,35,55,032 consisting of 17,17,77,516 Equity Shares of ₹ 2/- each to ₹ 34,36,00,032 consisting of 17,18,00,016 Equity Shares of ₹ 2/- each.

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

Please take the above information on record.

Thanking you,

Yours faithfully,

For The Phoenix Mills Limited

Gajendra Digitally signed by Gajendra Mewara Mewara Date: 2021.01.11 21:21:39 +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: info@thephoenixmills.com www.thephoenixmills.com