The Phoenix Mills Ltd - Updates

This is further to our letter dated December 6, 2017. In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI (LODR) Regulations, 2015'), we would like to inform you that the Company has issued Commercial Papers ('CPs') of Rs. 75 Crores on December 14, 2017.