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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 has released its Integrated Annual Report for FY25-26. The 121st Annual General Meeting will be held to discuss key company updates and financials. Shareholders can access the report online.
The company will hold its 121st AGM. The Board proposed a final dividend of Rs. 2.50 per equity share (125%) for FY26. Eligible shareholders on the record date will receive payment post-AGM approval.
Phoenix Mills' Board has proposed a final dividend of Rs 2.50/share for FY26. Dividend income is now taxable, requiring TDS. Shareholders must update PAN and bank details by September 10, 2026, to ensure correct tax deduction and timely electronic dividend credit.
Phoenix Mills posted strong operational performance: Retail consumption rose 32% to Rs. 4,727 Cr. Office occupancy hit 72% with 1.9 lakh sq. ft. leased. Hospitality saw double-digit RevPAR growth. Residential sales reached Rs. 64 Cr.
Phoenix Mills' associate, Mirabel Entertainment, issued new shares. Phoenix Mills did not participate, leading to a dilution of its stake from 50% to 35.49%. Mirabel's paid-up capital increased to Rs 1.499 Cr, but it remains an associate.