THE PHOENIX MILLS LTD.
NSE : PHOENIXLTDBSE : 503100ISIN
CODE : INE211B01039Industry : Construction - Real EstateHouse
: Phoenix
BSE3133.10-20.2 (-0.64 % )
PREV CLOSE (Rs.) 3153.30
OPEN PRICE (Rs.) 3125.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10136
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE3133.50 -18.15 (-0.58 % )
PREV CLOSE(Rs.) 3151.65
OPEN PRICE (Rs.) 3163.00
BID PRICE (QTY) 3133.50 (4 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 284824
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 30-Apr-2024 | The Phoenix Mills informs about disclosure | <div>The Phoenix Mills has informed that the Company has received a demand order under Section 73 of CGST/MGST Act, 2017 from the Deputy Commissioner of State Tax, E-629, LTU-3, Mazgaon, Mumbai (‘GST Authority') for payment of the amount of tax as determined, along with the applicable interest and penalty for the tax period April 2018 to March 2019. The authorities have demanded the Company to pay the amount of tax as determined, along with the applicable interest and penalty for the tax period April 2018 to March 2019 under the applicable provision of GST Act, 2017. The Company will contest the matter and prefer an appeal against the said demand order at an appropriate forum. The details of the above notice as required under Clause 20 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given in Annexure A to this letter.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 05-Feb-2024 | Phoenix Mills incorporates wholly owned subsidiary | <p style="text-align: justify;">Phoenix Mills has incorporated a wholly owned subsidiary viz. Astrea Real Estate Developers. The Ministry of Corporate Affairs, Government of India has issued the Certificate of Incorporation on February 04, 2024. </p><p style="text-align: justify;">Astrea Real Estate Developers, incorporated in India shall carry out the business of Real estate activities with owned or leased property. Further, this is in line with the company's future expansion plans.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 08-Jan-2024 | The Phoenix Mills informs about outcome of board meeting | <div style="text-align: justify;">The Phoenix Mills has informed that the Finance and Investment Committee of the Board of Directors at their meeting held today, Monday, January 08, 2024, has approved incorporation of a wholly owned subsidiary of the Company namely Astrea Realty (‘Astrea'). The Company shall subscribe to the entire share capital of the proposed wholly owned subsidiary. The incorporation of the proposed wholly owned subsidiary shall leverage the growth opportunities and will help the Company in expanding its market. The meeting of the Finance and Investment Committee of the Board of Directors of the Company commenced at 12.00 Noon and concluded at 12.30 PM. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given in Annexure A to this letter. This is also being uploaded on the Company's website at https://www.thephoenixmills.com/investors/FY2024/Exchange-Intimations.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 09-Nov-2023 | Phoenix Mills' arm gets nod to acquire land parcel in Thane | <p style="text-align: justify;">Phoenix Mills' wholly owned subsidiary -- Sparkle Two Mall Developers has received approval for acquisition of a land parcel owned by Huhtamaki India (Seller), situated at Majiwada Junction, LBS Marg, Near G G Corporation, Village Majiwada, Taluka Thane, District Thane for an aggregate consideration of Rs 429 crore through the execution of four conveyance deeds.</p><p style="text-align: justify;">The Purchaser has paid an amount of Rs 400.87 crore under two conveyance deeds. Out of an amount of approximately Rs 28.13 crore due under the other two conveyance deeds, an amount of Rs 5.95 crore has been paid, with the balance amount being payable upon fulfilment of the conditions agreed upon by and between the parties. </p><p style="text-align: justify;">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.</p> |
| 09-Nov-2023 | Phoenix Mills rises as its arm gets nod to acquire land parcel in Thane | <p style="text-align: justify;">The Phoenix Mills is currently trading at Rs. 2097.05, up by 7.85 points or 0.38% from its previous closing of Rs. 2089.20 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2106.05 and has touched a high and low of Rs. 2123.45 and Rs. 2050.00 respectively. So far 5004 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,123.45 on 09-Nov-2023 and a 52 week low of Rs. 1186.45 on 16-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2123.45 and Rs. 1959.30 respectively. The current market cap of the company is Rs. 37161.36 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 47.29%, while Institutions and Non-Institutions held 48.52% and 4.18% respectively.</p><p style="text-align: justify;">Phoenix Mills' wholly owned subsidiary -- Sparkle Two Mall Developers has received approval for acquisition of a land parcel owned by Huhtamaki India (Seller), situated at Majiwada Junction, LBS Marg, Near G G Corporation, Village Majiwada, Taluka Thane, District Thane for an aggregate consideration of Rs 429 crore through the execution of four conveyance deeds.</p><p style="text-align: justify;">The Purchaser has paid an amount of Rs 400.87 crore under two conveyance deeds. Out of an amount of approximately Rs 28.13 crore due under the other two conveyance deeds, an amount of Rs 5.95 crore has been paid, with the balance amount being payable upon fulfilment of the conditions agreed upon by and between the parties. </p><p style="text-align: justify;">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.</p> |
| 09-Nov-2023 | The Phoenix Mills informs about revised investors presentation | <p style="text-align: justify;">With reference to earlier intimation dated November 08, 2023 with respect to filing of the Investors' Presentation for the quarter and half year ended September 30, 2023, The Phoenix Mills has informed that it enclosed the revised Investors' Presentation on Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2023. The same is also being uploaded on the Company's website.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 26-Oct-2023 | Phoenix Mills to open ‘Phoenix Mall of Asia' in Bengaluru | <p style="text-align: justify;">The Phoenix Mills (PML) is all set to open its second mall in Bengaluru, ‘Phoenix Mall of Asia' at Hebbal, Bengaluru on October 27, 2023. This sprawling retail destination spread across around 13 acres and encompassing over 12 lakh square feet (sq. ft.) of gross leasable area, is in the expanding consumption centre of Northern Bengaluru.</p><p style="text-align: justify;">The mall has been developed by PML under its joint venture with Canada Pension Plan Investment Board (CPP Investments). PML has an operational retail portfolio of over 1.1 crore sq. ft. of leasable area across 12 retail consumption hubs in 8 major cities of India.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 10-Oct-2023 | Phoenix Mills reports 20% growth in total consumption in Q2FY24 | <p style="text-align: justify;">Phoenix Mills has reported 20% growth year-on-year (Y-o-Y) in total consumption in Q2FY24 to Rs 2637 crore over Q2FY23. On a like-to-like basis, consumption in Q2FY24 has grown by 10% over Q2 FY23. Retail collections stood at around Rs 638 crore in Q2FY24, with a growth of 23% over Q2FY23.</p><p style="text-align: justify;">For H1FY24, its total consumption stood at around Rs 5211 crore, demonstrating a YoY growth of 19% over H1 FY23. On a like-to-like basis, consumption in H1FY24 has grown by 10% over H1FY23. Retail collections stood at around Rs 1,252 crore in H1FY24, with a growth of 20% over H1FY23.</p><p style="text-align: justify;">For Q2FY24, total residential sales were Rs 292 crore, up by 193 percent against Q2FY23, while collections stood at around Rs 184 crore s in Q2FY24.</p><p style="text-align: justify;">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.</p> |
| 10-Oct-2023 | Phoenix Mills surges on reporting 20% growth in total consumption in Q2FY24 | <p style="text-align: justify;">The Phoenix Mills is currently trading at Rs. 1851.65, up by 53.10 points or 2.95% from its previous closing of Rs. 1798.55 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1845.95 and has touched a high and low of Rs. 1869.05 and Rs. 1820.85 respectively. So far 6926 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1907.20 on 21-Sep-2023 and a 52 week low of Rs. 1186.45 on 16-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1869.05 and Rs. 1730.50 respectively. The current market cap of the company is Rs. 33014.28 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 47.30%, while Institutions and Non-Institutions held 48.48% and 4.22% respectively.</p><p style="text-align: justify;">Phoenix Mills has reported 20% growth year-on-year (Y-o-Y) in total consumption in Q2FY24 to Rs 2637 crore over Q2FY23. On a like-to-like basis, consumption in Q2FY24 has grown by 10% over Q2 FY23. Retail collections stood at around Rs 638 crore in Q2FY24, with a growth of 23% over Q2FY23.</p><p style="text-align: justify;">For H1FY24, its total consumption stood at around Rs 5211 crore, demonstrating a YoY growth of 19% over H1 FY23. On a like-to-like basis, consumption in H1FY24 has grown by 10% over H1FY23. Retail collections stood at around Rs 1,252 crore in H1FY24, with a growth of 20% over H1FY23.</p><p style="text-align: justify;">For Q2FY24, total residential sales were Rs 292 crore, up by 193 percent against Q2FY23, while collections stood at around Rs 184 crore s in Q2FY24.</p><p style="text-align: justify;">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.</p> |
| 10-Oct-2023 | The Phoenix Mills informs about analyst meet | <div style="text-align: justify;">Pursuant to Regulation 30(6) read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (Listing Regulations), The Phoenix Mills has informed that the Company will be participating in the Investor Interaction through audio and video arrangements as on Friday, 13th October 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
