Hot Pursuit     16-Sep-24
The Phoenix Mills spurts as board OKs 1:1 bonus issue
The Phoenix Mills advanced 3.07% to Rs 3,442 after the company said that its board has approved issuance of one bonus equity share for every one existing equity share held (1:1).
The record date for bonus issue has been fixed as 21 September 2024.

Additionally, the company will increase authorised share capital from Rs 49 crore to Rs 75 crore.

The Phoenix Mills is India's largest retail led mixed-use developer. Its operations span across most aspects of real estate development; planning, execution, marketing, management, maintenance & sales. The group has real estate assets in Mumbai, Bengaluru, Chennai, Pune, Raipur, Agra, Indore, Lucknow, Bareilly & Ahmedabad.

The company reported 3.3% decline in consolidated net profit to Rs 232.54 crore on 11.5% increase in net sales to Rs 904.14 crore in Q1 FY25 over Q1 FY24.

Previous News
  Board of Phoenix Mills to consider issue of bonus shares
 ( Corporate News - 27-Jul-24   10:56 )
  Phoenix Mills consolidated net profit rises 78.37% in the December 2022 quarter
 ( Results - Announcements 08-Feb-23   07:38 )
  Phoenix Mills Ltd Spikes 1.84%
 ( Hot Pursuit - 13-Dec-23   09:30 )
  Polycab India Ltd leads losers in 'A' group
 ( Hot Pursuit - 11-Jan-24   15:00 )
  Phoenix Mills Ltd Spikes 7.81%, S&P BSE Realty Index index Rises 1.17%
 ( Hot Pursuit - 12-Aug-22   09:30 )
  Phoenix Mills spurts after turnaround Q1 numbers
 ( Hot Pursuit - 12-Aug-22   09:55 )
  Phoenix Mills Ltd Spikes 2.14%
 ( Hot Pursuit - 18-Nov-21   09:30 )
  Sobha Ltd Falls 3.3%, S&P BSE Realty Index index Drops 1.59%
 ( Hot Pursuit - 05-Aug-21   09:45 )
  Phoenix Mills Ltd Surges 2.55%
 ( Hot Pursuit - 01-Jul-21   09:30 )
  Phoenix Mills allots 1.81 cr equity shares under QIP issue
 ( Corporate News - 24-Aug-20   10:22 )
  Phoenix Mills consolidated net profit rises 29.68% in the December 2019 quarter
 ( Results - Announcements 11-Feb-20   08:42 )
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