The Phoenix Mills Ltd - Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Company's subsidiaries namely i.e. Vamona Developers Private Limited and Offbeat Developers Private Limited ('PML Subsidiaries') have entered into Share Subscription and Shareholders Agreement with Renew Surya Kiran Private Limited ('RSKPL') and Renew Green Energy Solutions Private Limited for subscribing to the Equity Shares of RSKPL, in one or more tranches