Phoenix Mills Ltd.NSE: PHOENIXLTD

April 30 2025 Intimation of Appointment of Secretarial Auditors Re-appointment of Internal Auditors

· Issued by Phoenix Mills Ltd.


April 30, 2025 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(s)/Madam(s),

Sub: Re-appointment of Internal Auditors and Appointment of Secretarial Auditors -Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 read with Para A of Part A of Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulations'), we wish to inform you that the Board of Directors of The Phoenix Mills Limited ('Company') at its meeting held today viz. Wednesday, April 30, 2025, have inter alia approved the following:

  1. Re-appointment of N. A. Shah Associates LLP, Chartered Accountants as Internal Auditor of the Company for financial year 2025-26.

  2. Appointment of Rathi & Associates, Company Secretaries as Secretarial Auditors of the Company for a period of five consecutive years starting from FY 2025-26 till FY 2029-30, subject to the approval of Shareholders at the ensuing Annual General Meeting.

The details as required under Clause 7 of Para A of Part A of Schedule III of Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are given in Annexure A to this letter.

The meeting of the Board of Directors of the Company commenced at 04:15 p.m. (IST) and concluded at 05:00 p.m. (IST)

This intimation is also being uploaded on the Company's website at https://www.thephoenixmills.com/investors/FY2025/Exchange-Intimations.



You are requested to take the aforesaid information on record. Thanking you,

Yours Faithfully,

For The Phoenix Mills Limited

BHAVIK MANILAL GALA

Digitally signed by BHAVIK MANILAL GALA

Date: 2025.04.30

18:46:12 +05'30'

Bhavik Gala Company Secretary Mem. No. F8671

Enclosures: As above



Annexure A

Sr.

No.

Particulars

Details

Name of the Auditors

N. A. Shah Associates LLP,

Chartered Accountants

Rathi & Associates,

Company Secretaries

1.

Reason for Change viz. appointment, re-appointment, resignation, removal, death or otherwise;

Re-appointment

Appointment

2.

Date of appointment/re-appointment/ Cessation (as applicable) & term of appointment/re-appointment

The Board at its meeting held on April 30, 2025 has inter alia approved the re-appointment of N. A. Shah Associates LLP, Chartered Accountants as Internal Auditor of the Company for financial year 2025-26.

The Board at its meeting held on April 30, 2025 has inter alia approved the appointment of Rathi & Associates, Company Secretaries as Secretarial Auditors of the Company for a period of five consecutive years starting from FY 2025-26 till FY 2029-30, subject to the approval of Shareholders at the ensuing Annual General Meeting.

3.

Brief profile

(in case of appointment)

N. A. Shah Associates LLP is a niche professional services firm rendering suite of value added services since 1965. The firm has been engaged with diverse clients in manufacturing as well as service sector. The firm offers its clients a full range of services, including Audit & Assurance, direct and indirect tax, due diligence and other

value add and support

Rathi & Associates, Company Secretaries, a Peer Reviewed Firm (Unique Identification No.

P1988MH011900, Peer

Review No. 6391/2025), established in 1988, having track record of more than three decades in catering to corporate secretarial of Listed companies, closely held Public and Private companies, NBFCs, JV

services. The strongest testament of the firm's reputation and services are its highly satisfied clients in various fields with relationships extending over four decades. The firm has over 15 partners and 1 Associate partners with total team size of 350 people. The strongest testament of the firm's reputation and services are its highly satisfied clients in various fields with relationships extending over four decades.

Companies, multinational companies and foreign companies.

The Firm is managed by three partners having expertise in the fields of Corporate Secretarial services, Audits and Due Diligence of statutory compliances and Corporate Governance measures, listing of securities and compliances under SEBI Regulations, National Company Law Tribunal (NCLT) matters and client representations, Mergers/Demergers/Amalg amations/Reduction of Capital and Winding up/Closure of companies.

4.

Disclosure of relationships between directors (in case of appointment of a

director).

Not applicable

Not applicable