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Phoenix Mills Ltd

NSE: PHOENIXLTD BSE: 503100

₹1735.50

(-2.45%)

Sun, 15 Feb 2026, 02:16 am

Company History

1905

  • The Company was Incorporated at Mumbai.

1947

  • 16,000 bonus equity shares issued in the prop 2:1.

1948

  • 24,000 Bonus equity shares issued in the prop 1:1.

1966

  • 16,000 Bonus equity shares issued in the prop 1:3.

1969

  • 8,000 Bonus equity shares issued in the prop 1:8.

1972

  • The Company purchased Deepchand Mills, Ujjain.

1975

  • 48,000 Bonus equity shares issued in the prop 2:3.

1977

  • The Ujjain unit was sold to Indore Textile Ltd on 10th February.

1987

  • The Company came under the provisions of the Sick Industrial Companies Act, 1985 due to erosion in its networth.

1995

  • 1,25,000 No of equity shares allotted at par to the promoters.

1996

  • The company has allotted 1,25,000 No of equity shares of Rs 100 each at par.
  • The company has made two subsidiary companies viz Exotic Finvest Pvt Ltd and Bellona Finvest Ltd.
  • Installation of high efficiency motors and capacitors and condensers on electrical distribution system.
  • The company installed and commissioned Thermo pack and Steam pack boilers.
  • The company proposes to have a R & D department.

1998

  • The conflict between the workers unions that forced the closure of Phoenix Mills for the last three days has been defused with the intervention of the Maharashtra Labour Minister.

1999

  • PHOENIX Mills Ltd has been declared no longer sick by the Board for Industrial and Financial Reconstruction.
  • The company has modernised the spinning section and is producing quality yarn.
  • Phoenix Mills has modernised the processing unit in phases during the last five years and diversified the product mix.

2000

  • The Company has approved preferential issue of equity shares to the FIIs.

2003

  • Mr Saghan Srivastava has been appointed as Company Secretary of the Company wef November 15, 2003.

2005

  • Phoenix Mills has given the Bonus in the Ratio of 4:1.
  • Company has splits its Face value of Shares from Rs 10 to Rs 10.

2007

  • Phoenix Mills Ltd has appointment of Shri Atul A Ruia as the Joint Managing Director of the Company.

2008

  • The Company has splits its face value from Rs10 to Rs2.

2009

  • The Phoenix Mills Limited has appointed Ms Minal Bhate-Dandekar as the Company Secretary of the Company with effect from August 17, 2009.

2010

  • Board has recommended Final Dividend at the rate of 60%.

2011

  • Board has recommended Dividend at the rate of 90% for the financial year ended March 31, 2011.
  • Mr Shishir Shrivastava was appointed as group CEO & Joint Managing Director.

2012

  • Ms Shinanji Mamtani has been appointed as Company Secretary of the Company with effect from March 19, 2012.
  • Board has recommended a dividend of Rs 2 per equity share.
  • The Phoenix Mills launches its largest Residential project One Bangalore West in Rajajinagar Bangalore books sales worth Rs 530 crores.
  • Phoenix Mills Ltd has informed BSE regarding Commencement of Operations of Shangrila Hotel.

2013

  • Acquisition of stake in Island Star Mall Developers Private Limited.
  • Acquisition of stake in Classic Mall Development Company Private Limited.

2014

  • The Phoenix Mills has recommended a dividend of Rs 2.20 per equity share having face value of Rs 2 each for the year ended March 31, 2014.

2015

  • Phoenix Mills Acquisition of majority stake in Gangetic Hotels Private Limited.

2016

  • Phoenix Mills Acquisition of Shares by the Company in its subsidiary.

2017

  • Phoenix Mills Ltd Acquisition of indirect stake by the Company in its subsidiary, Gangetic Hotels Pvt Ltd.
  • Phoenix Mills Ltd Acquisition of stake by the Company in its subsidiary, Pallazzio Hotels & Leisure Limited.
  • Phoenix Mills Ltd has acquired the 1.81% equity stake of Hasel River Limited on September 4, 2017.

2018

  • Phoenix Mills partners CPPIB to invest C$ 185 mn in ISMDPL.
  • Phoenix Mills Ltd and CPPIB acquires land for development project in Bengaluru.
  • Phoenix Mills acquires 100% stake in DHSPL.
  • Phoenix Mills Enters Into A 50:50 Joint Venture With Bsafal.Kz Estate LLP.

2019

  • Phoenix Mills introduces scheme of amalgamation of its subsidiary company.
  • Phoenix Mills Launched Tower 7 at One Bangalore West in July 2019 and received positive response from customers.

2020

  • Phoenix Mills Ltd completed development of over 17.5 million square feet spread across retail, hospitality, commercial, and residential asset classes.
  • Phoenix Mills Ltd retail portfolio of approximately 6.0 million square feet of retail space spread across 8 operational malls in 6 gateway cities of India.
  • Phoenix Mills Ltd is developing 5 malls with over 4.9 million sq feet of retail space in 5 gateway cities of India.

2021

  • Phoenix Mills Ltd Launch of New Mall Phoenix Palassio in Lucknow.
  • The Phoenix Mills Limited has announced acquisition of approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs 3000 million.
  • CRISIL revises rating outlook of Phoenix Mills to 'Stable'.

2022

  • The Phoenix Mills Ltd acquire a city-centric, 7.22 acre land parcel in Surat, Gujarat for developing a premium retail destination.
  • The Company acquisition of equity shareholding of Crest Ventures Limited and Escort Developers Pvt.Ltd.

2024

  • The Company has issued Bonus Shares in the Ratio of 1:1.
  • The Phoenix Mills Limited announces acquisition of a city-centric land parcel in Coimbatore, Tamil Nadu, for developing a premium retail destination.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800