Please refer the attached letter.

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 CIN No : L17100MH1905PLC000200 September 04, 2026 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: Notice of the121st Annual General Meeting of the Company - Compliance under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) This is further to our letter dated September 02, 2026 intimating that the 121st Annual General Meeting(‘AGM’) of The Phoenix Mills Limited(‘Company’) will be held on Monday, September 28, 2026 at 02: 30 P.M. (IST) through Video Conferencing / Other Audio Visual Means. Please find enclosed herewith the Notice of the 121st Annual General Meeting of the Company. The Notice of AGM along with Integrated Annual Report are being dispatched electronically to those Members whose email addresses are registered with the Company or MUFG Intime India Private Limited, Registrar to an Issue and Share Transfer Agent of the Company, Depository Participant(s) or the Depositories. Further, pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, a letter providing the web-link of the Integrated Annual Report of the Company for the Financial Year 2025- 26 along with the Notice of the 121st Annual General Meeting of the Company, being sent to those members who have not registered their e-mail address, is also attached. The Notice of AGM, Integrated Annual Report, aforesaid letter and other related documents are also available on the website of the Company at https://www.thephoenixmills.com/investors/FY2026/Annual-Report. 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: secretarial@phoenixmills.com Website: www.thephoenixmills.com 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 CIN No : L17100MH1905PLC000200 You are requested to take the above on record. Thanking you. For The Phoenix Mills Limited Bhavik Gala Company Secretary Membership No. F8671 Encl.: As above 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: secretarial@phoenixmills.com Website: www.thephoenixmills.com Notice NOTICE NOTICE IS HEREBY GIVEN THAT THE 121ST ANNUAL GENERAL MEETING (AGM) OF THE MEMBERS OF THE PHOENIX MILLS LIMITED (“THE COMPANY”) WILL BE HELD ON MONDAY, SEPTEMBER 28, 2026 AT 02:30 P.M. (IST), THROUGH VIDEO CONFERENCING (“VC”) / OTHER AUDIO-VISUAL MEANS (“OAVM”) FACILITY TO TRANSACT THE FOLLOWING BUSINESSES: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon. To consider, and if thought fit, to pass the following Resolution as an Ordinary Resolution: “RESOLVED THAT the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon, as circulated to the Members, be and are hereby considered and adopted.” 2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon. To consider, and if thought fit, to pass the following Resolution as an Ordinary Resolution: “RESOLVED THAT the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the Report of the Auditors thereon, as circulated to the Members, be and are hereby considered and adopted.” 3. To declare a final dividend of ₹ 2.50/- per Equity Share of the face value of ₹ 2/- each for the financial year ended March 31, 2026. To consider, and if thought fit, to pass the following Resolution as an Ordinary Resolution: “RESOLVED THAT a final dividend of ₹ 2.50/- per Equity Share of the face value of ₹ 2/- each (125%) for the financial year ended March 31, 2026, as recommended by the Board of Directors be and is hereby declared.” 4. To appoint a director in place of Mr. Rajesh Kulkarni (DIN: 03134336), who retires by rotation and being eligible, offers himself for re-appointment. To consider, and if thought fit, to pass the following Resolution as an Ordinary Resolution: “RESOLVED THAT, Mr. Rajesh Kulkarni (DIN: 03134336), who retires by rotation at this Annual General Meeting of the Company, and being eligible, has offered himself for re-appointment, be and is hereby re-appointed as a Director of the Company.” By Order of the Board of Directors of The Phoenix Mills Limited Bhavik Gala Company Secretary Membership No. F8671 Date: July 28, 2026 Place: Mumbai Registered Office: 462, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 CIN: L17100MH1905PLC000200 E-mail – investorrelations@phoenixmills.com Website: www.thephoenixmills.com Tel No.: 022 - 24964307 INTEGRATED ANNUAL REPORT 2025-26 01 NOTES to the Scrutiniser at e-mail ID associates.rathi8@ 1. The Ministry of Corporate Affairs (‘MCA’) vide its gmail.com with a copy marked to the Company at General Circular dated September 22, 2025 read investorrelations@phoenixmills.com, authorising together with the previous circulars dated April its representative(s) to attend and vote through VC/ 8, 2020, April 13, 2020, May 5, 2020, January 13, OAVM on their behalf at the Meeting. 2021, December 8, 2021, December 14, 2021, May 5, 6. Members are permitted to join the 121st AGM through 2022, December 28, 2022, September 25, 2023 and VC/OAVM, 30 minutes before the scheduled time of September 19, 2024 issued by MCA in this regard commencement of the Meeting and during the Meeting, (collectively referred to as ‘MCA Circulars’), permitted by following the procedure mentioned in this Notice. convening the AGM through Video Conferencing (‘VC’) The facility of participation at the 121st AGM through facility or Other Audio Visual Means (‘OAVM’), without VC/OAVM will be made available to Members on a first- the physical presence of the Members at common venue. come-first-serve-basis. This restriction of first-come- In compliance with the MCA Circulars and applicable first-serve-basis will not include large shareholders provisions of the Companies Act, 2013 (‘the Act’) (shareholders holding 2% or more shareholding), read with Rules made thereunder and the Securities Promoters, Institutional Investors, Directors, Key and Exchange Board of India (Listing Obligations and Managerial Personnel, the Chairman of the Audit Disclosure Requirements) Regulations, 2015 (‘SEBI Committee, Nomination and Remuneration Committee, Listing Regulations’) , the 121st AGM of the Company and Stakeholders’ Relationship Committee, Auditors is being held through Video Conferencing (‘VC’) / Other etc. who are allowed to attend the 121st AGM without Audio-Visual Means (“OAVM”) on Monday, September any restrictions pertaining to joining the Meeting on 28, 2026 at 2:30 p.m. (IST). The deemed venue for the a first-come-first-serve-basis. Institutional Investors AGM shall be the registered office of the Company. who are Members of the Company, are encouraged to 2. Generally, a member entitled to attend and vote at the attend and vote at the 121st AGM. meeting is entitled to appoint a proxy to attend and 7. The Register of Directors and Key Managerial vote on a poll instead of himself / herself and the proxy Personnel and their shareholding, maintained under need not be a member of the Company. Since this AGM Section 170 of the Act, the Regi [Showing first 8,000 characters — download PDF for full document]