Company Profile

Phoenix Mills (including its subsidiary companies) has temporarily closed its Malls in Mumbai and Pune until April 30, 2021 except for the permitted outlets providing essential services, online deliveries and F&B outlets providing delivery/takeaway services on the back of Government of Maharashtra has issued guidelines under its action plan ‘Break the Chain’ and issued directions, which inter alia require all shops, markets, malls except essential services to remain closed till April 30, 2021.

Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.

In terms of the provisions of Regulation 47 read with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Phoenix Mills has informed that it has enclosed newspaper cutting of the advertisement published today, March 27, 2021 in the Newspapers, ‘Business Standard (in English) and Navshakti (in Marathi)’ providing information relating to the Meeting of the Equity Shareholders the Company to be convened on Friday, April 30, 2021, 11.00 am (IST), through Video Conferencing / Other Audio Visual Means (‘VC/OAVM’) pursuant to the directions of Honourable National Company Law Tribunal, Mumbai Bench through its order dated March 17, 2021. This information is also being uploaded on the Company’s website at www.thephoenixmills.co.

The above information is a part of company’s filings submitted to BSE.

Further to its letter dated February 13, 2021 informing of conclusion of its Earnings Conference Call held on Saturday, February 13, 2021 with Analysts / Institutional Investors on the Unaudited Standalone and Consolidated Financial Results of the Company for the third quarter and nine months ended December 31, 2020, Phoenix Mills has informed that it has enclosed the Transcript of the said Earnings Conference Call. This Transcript is also being uploaded on the Company’s website https://www.thephoenixmills.com.

The above information is a part of company’s filings submitted to BSE.

Phoenix Mills is currently trading at Rs. 810.00, up by 3.60 points or 0.45% from its previous closing of Rs. 806.40 on the BSE.

The scrip opened at Rs. 808.00 and has touched a high and low of Rs. 819.60 and Rs. 803.70 respectively. So far 781 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 979.50 on 25-Feb-2020 and a 52 week low of Rs. 466.25 on 18-May-2020.

Last one week high and low of the scrip stood at Rs. 832.75 and Rs. 788.40 respectively. The current market cap of the company is Rs. 13838.72 crore.

The promoters holding in the company stood at 45.53%, while Institutions and Non-Institutions held 50.83% and 3.63% respectively.

Phoenix Mills’ wholly owned subsidiary -- Mindstone Mall Developers has acquired approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs 3,000 million. The land parcel is strategically located on Diamond Harbour Road, Alipore, Kolkata. The land parcel has development potential of approximately 1.00 msf with the first phase of the development expected to be operational during FY25 subject to local and municipal approvals.

Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.