News

The Phoenix Mills Limited announced that its Compensation Committee approved the allotment of 14,296 equity shares with a face value of Rs 2 each to grantees upon exercise of stock options under The Phoenix Mills Limited - Employees’ Stock Option Plan 2018, increasing the company’s paid-up equity share capital from Rs 71,53,55,716 to Rs 71,53,84,308.

The Phoenix Mills Limited announced that its subsidiary, SGH Realty Private Limited, will amalgamate with Truevalue Infrabuild Private Limited, another step-down subsidiary wholly owned by SGH, subject to approval from the Regional Director and the National Company Law Tribunal. The amalgamation, considered and approved by the boards of both companies on October 15, 2026, is intended to create a simplified business structure, reduce overheads, and enhance value for shareholders, with Truevalue Infrabuild Private Limited having a paid-up capital of Rs 24.128 crore and a net worth of Rs 3.70 crore as of September 30, 2026, while SGH Realty Private Limited had a paid-up capital of Rs 1.001 crore, a net worth of Rs 11139.54 crore, and a turnover of Rs 10639.14 crore as of the same date.

The Phoenix Mills Limited informed the BSE Limited and National Stock Exchange of India Limited that it received a confirmation certificate dated October 3, 2026, from MUFG Intime India Private Limited, formerly Link Intime India Private Limited, for the quarter ended September 30, 2026, in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

The Phoenix Mills Limited will close its trading window for all designated persons from October 1, 2026, until 48 hours after the declaration of financial results for the quarter and half year ending September 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

The Phoenix Mills Limited informed the BSE Limited and National Stock Exchange of India Limited that 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, all step-down subsidiaries of The Phoenix Mills Limited, have filed a Certified True Copy of the National Company Law Tribunal, Chennai Bench order in e-Form INC 28, sanctioning the Scheme of Merger and Amalgamation with Astrea Real Estate Developers Private Limited, a subsidiary of The Phoenix Mills Limited, effective September 10, 2026.