Phoenix Mills Ltd
NSE: PHOENIXLTD BSE: 503100
₹1745.30
(1.36%)
Sat, 23 May 2026, 07:46 pm
Market Cap615.44B
PE Ratio50.99
Dividend0.15
Finance
Real Estate Development
24.5KCompany 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