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Phoenix Mills Ltd is engaged in the operation & management of malls, construction of commercial & residential property and hotel business in India. India's leading retail mall developer and operator with approximately 0.64 million square meters of retail space spread across 9 malls in 6 gateway cities of India. It has developed over 2.11 million square meters
Phoenix Mills plans to streamline its operations by voluntarily striking off three non-material wholly-owned subsidiaries: Enhance Holdings, Sangam Infrabuild, and Bartraya Mall Development. These subsidiaries generated nil turnover and had negligible net worth as of March 31, 2025, contributing zero to the company's consolidated financials. This strategic move aims to...
The Phoenix Mills has announced a board meeting on the financial results for the quarter and half-year. Retailer sales across malls rose 12% YoY, led by key assets and new mall ramp-ups. Strategic repositioning and tenant mix refresh continue, with trading occupancy at 89%. Commercial office leasing added 4.07 lakh...
The Phoenix Mills Limited's Board of Directors has approved amendments to its Code of Practices & Procedure for Fair Disclosure of Unpublished Price Sensitive Information. This update enhances transparency and ensures prompt public disclosure of information that may affect price discovery. The revised code reflects the company's commitment to compliance...
The Phoenix Mills has approved the re-appointment of N. A. Shah Associates LLP as Internal Auditor and appointed Rathi & Associates as Secretarial Auditors for five years, pending shareholder approval. These moves are set to strengthen governance and oversight, which could enhance operational efficiency and compliance, potentially supporting future growth...
Retail consumption across all operational malls reached approximately Rs. 3,262 cr in Q4 FY25, marking a robust 15% increase compared to Q4 FY24. The growth was driven primarily by strong performances from Phoenix Palassio and ongoing expansions at several key malls. For the full FY25, total consumption was around Rs....