With reference to the clarification sought, the Company wishes to inform that the recent movement in the share price is purely market-driven. The management of the Company is in no way connected with or responsible for any such price movement. We hereby confirm and clarify that, as on date, there is no pending material event, undisclosed price-sensitive information or impending corporate announcement which, in our opinion, may have any bearing on ....

PHOENIX INTERNATIONAL LIMITED compliance@phoenixindia.com Date: 15-10-2026 The Manager, Surveillance Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Subject: Clarification on Price Movement Ref.: Your email bearing reference no. L/SURV/ONL/PV/SJ/2026-2027/4387 Scrip Code: 526481 – Phoenix International Limited Dear Sir/Madam, This is with reference to the above-mentioned communication seeking clarification on the significant movement in the price of the Company’s equity shares at the Exchange in the recent past. In this regard, we wish to clarify that the Company has consistently complied with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been promptly intimating the Exchange regarding all material events, information and corporate announcements that have a bearing on the operations, performance or price behaviour of the Company’s security. We hereby confirm and clarify that, as of date, there is no pending material event, undisclosed price sensitive information or impending corporate announcement which, in our opinion, may have a bearing on the price or volume behaviour of the Company’s scrip. Therefore, the recent movement in the share price of the Company is purely market-driven and a result of prevailing market conditions. The management of the Company is in no way connected with or responsible for any such price movement. The Company reaffirms its commitment to timely, accurate and transparent disclosure of all material events and information in accordance with the applicable regulatory requirements. The Company shall continue to make appropriate disclosures to the Stock Exchange as and when any material information or event arises which is required to be disclosed under the applicable regulations. We request you to kindly take the above clarification on your records. Thanking You, Yours faithfully, For Phoenix International Limited [Authorized Signatory] Name: Narender Kumar Makkar Designation: Company Secretary & Compliance Officer Place: New Delhi Phoenix International Limited CIN: L74899DL1987PLC030092 Telephone No. – 011 25747696, 25751934/35/36 Registered Address: 3rd Floor, Gopala Tower, 25 Rajendra Place, New Delhi-110008