The Phoenix Mills Ltd - Certificate Under Regulation 40(9) Of Listing Regulations For The Half Year Ended On September 30, 2017.

Pursuant to Regulation 40(10) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed herewith the Compliance Certificate dated October 12, 2017 issued by M/s Rathi & Associates, Company Secretaries as per Regulation 40(9) of Listing Regulations for the half year ended on September 30, 2017.