Phoenix Mills delivered a robust quarter led by 25% retail consumption growth and office occupancy scale-up. Management is prioritizing asset densification and strategic churn to reset rental bases.
NCLT Mumbai approved Island Star Mall Developers' Rs 1,350 Crore buyback of CPP Investments' shares. Phoenix Mills' stake in the subsidiary rises from 58.33% to 68.10%.
Value
₹1,350 Cr
Execution
Consideration to be paid within 30 days of filing the certified NCLT order with the Registrar of Companies
The Phoenix Mills scheduled a board meeting on 30 October 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window stays closed until 48 hours after results.
The Phoenix Mills Limited announced the amalgamation of its subsidiary, Truevalue Infrabuild Private Limited, into another subsidiary, SGH Realty Private Limited, to simplify the business structure.
The company will consolidate operational business metrics into its quarterly financial results, discontinuing the separate quarterly operational update starting from Q2 and H1 FY27.
The Phoenix Mills Ltd held its 121st AGM on September 28, 2026. The meeting transacted ordinary business, including the adoption of financial statements and dividend declaration.
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.