5031002026-09-055031002026-09-052026-09-05503100The Phoenix Mills LimitedPHOENIXLTDNOTLISTEDINE211B01039Updatefalse2026-09-0419:05:002025-01-302025-01-302026-09-05Amalgamation/ MergerThe Company had initially vide its disclosure dated January 30 2025 had intimated to Stock Exchanges that Astrea Real Estate Developers Private Limited, (“Astrea/Transferee Company”), a Subsidiary of the Company, Coimbatore Sameera Investments Private Limited (“CSIPL”), Dhanalakshmi Engineering Private Limited (“DEPL”), Pulankinar Investment and Finance Private Limited (“PIFPL”), Shanthi Chandran Enterprisers Private Limited (“SCEPL”), Shanthi Chandran Investments Coimbatore Private Limited (“SCICPL”) and Sheela Traders Private Limited (“STPL”), {collectively referred as “Transferor Companies”}, step-down Subsidiaries of the Company, in their respective Board Meetings held on January 30, 2025, have subject to the approval of Jurisdictional Bench of the Hon’ble National Company Law Tribunal (“NCLT”) and such other requisite statutory and regulatory approvals/ consents, as may be required, considered and approved the Scheme of Merger and Amalgamation of Transferor Companies with Transferee Company (‘Scheme’), on a going concern basis under the provisions of Section 230 to 232 of and other applicable provisions of the Companies Act, 2013 read with relevant Rules framed thereunder.OthersIn furtherance to our letter dated January 30, 2025, we wish to inform you that National Company Law Tribunal, Chennai Bench (‘NCLT’), has approved the Scheme of Merger and Amalgamation between Coimbatore Sameera Investments Private Limited, Dhanalakshmi Engineering Private Limited, Pulankinar Investment and Finance Private Limited, Shanthi Chandran Enterprisers Private Limited, Shanthi Chandran Investments Coimbatore Private Limited and Sheela Traders Private Limited (‘ collectively referred as Transferor Companies’),step down subsidiaries of the Company with Astrea Real Estate Developers Private Limited (‘Transferee Company’), subsidiary of the Company under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with the Rules framed thereunder.