Phoenix Mills reported 51% revenue growth and 43% EBITDA growth in FY24, driven by strong performance in new malls. The company proposed a 1:1 bonus issue while expanding its retail and office footprint across India.
The Phoenix Mills Limited received NCLT approval for the merger of several step-down subsidiaries into its subsidiary, Astrea Real Estate Developers Private Limited.
NCLT Chennai has sanctioned the scheme of merger and amalgamation involving several step-down subsidiaries of The Phoenix Mills Limited into Astrea Real Estate Developers Private Limited.
The Phoenix Mills Limited has filed its Integrated Annual Report for FY 2025-26 and the notice for its 121st Annual General Meeting scheduled for September 28, 2026.
The Phoenix Mills Limited has allotted 14,139 equity shares under its Employees' Stock Option Plan 2018. Consequently, the company's paid-up equity share capital increased to ₹71.54 Crore.
The Phoenix Mills Limited has scheduled its 121st AGM for September 28, 2026. The company fixed September 11, 2026, as the record date for a Rs. 2.50 per share final dividend.
India Ratings and Research upgraded The Phoenix Mills Limited's long-term bank facilities rating to 'IND AA+' from 'IND AA'. The 'IND A1+' rating for commercial papers was affirmed.
The Phoenix Mills and its subsidiary Offbeat Developers have completed their subscription to equity shares and debentures in O2 Renewable Energy XXVIII.
The Phoenix Mills Limited's subsidiary, Mindstone Mall Developers, allotted 3,50,81,328 equity shares on a rights basis. The company invested Rs. 50.99 Crore to maintain its 51% stake.
The Phoenix Mills reported strong Q1 FY27 results with consolidated revenue up 13% YoY and operating EBITDA growing 14%. Strategy focuses on repositioning mature assets and expanding the retail-led destination model.
The Phoenix Mills and its subsidiary Offbeat are acquiring equity and debentures in O2 Renewable Energy XXVIII for solar power captive use. Total consideration is ₹5.76 Crore.
The Phoenix Mills Limited allotted 5,816 equity shares under its Employees' Stock Option Plan 2018. The allotment increases the company's paid-up equity share capital.
The Phoenix Mills Ltd scheduled a board meeting for July 28, 2026. The board will consider unaudited financial results for the quarter ended June 30, 2026.
The Phoenix Mills Limited allotted 17,428 equity shares under its 2018 ESOP plan. This increases the total paid-up equity share capital to ₹71.53 Crore.
The Phoenix Mills Ltd will transfer unclaimed dividends and associated shares to the IEPF by October 29, 2026. Shareholders must submit claims by September 30, 2026.
The Phoenix Mills Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. This filing ensures regulatory transparency with exchanges.
The Phoenix Mills Ltd announced a dilution in its shareholding in associate company Mirabel Entertainment Private Limited from 50.00% to 35.49%. This follows a rights issue by Mirabel to an existing shareholder in which the company did not participate. Mirabel continues to be an associate company of The Phoenix Mills Limited.
The Phoenix Mills Limited reported strong FY26 results with a 16% revenue growth and 22% EBITDA growth, driven by robust retail consumption and office leasing momentum.
The Phoenix Mills Limited allotted 5,844 equity shares of ₹2/- each following the exercise of options under its Employees' Stock Option Plan 2018. Consequently, the company's paid-up equity share capital increased to ₹71,52,80,950. The allotment was approved by the Compensation Committee on April 28, 2026.
The Phoenix Mills Limited's Board has recommended a final dividend of Rs. 2.50 per equity share (125% of face value) for FY 2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. Record and AGM dates are yet to be finalized.
The Phoenix Mills Limited has re-appointed M/s. N. A. Shah Associates LLP as the Internal Auditor for a 12-month term starting April 1, 2026. The decision was approved during the Board Meeting held on April 27, 2026.
The Phoenix Mills Limited has re-appointed M/s. N. A. Shah Associates LLP as its Internal Auditor for a term of 12 months, effective April 1, 2026. This decision was finalized during the Board Meeting held on April 27, 2026.
PML reported strong FY26 performance with Revenue up 16% to ₹4,423cr and EBITDA up 22% to ₹2,637cr, driven by retail consumption and office portfolio expansion.
The Phoenix Mills Limited has re-appointed N. A. Shah Associates LLP as Internal Auditor for financial year 2026-27. The decision was approved during the Board meeting held on April 27, 2026. The firm has over 40 years of experience in audit, assurance, and tax services.