The Phoenix Mills Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting
24-07-2025 | 05:25 pm
24-07-2025 | 05:25 pm
Phoenix Mills' Board has approved the financial results for the quarter, reporting a consolidated Net Profit after Tax of ₹319.91 crore. In a key strategic move, the company will acquire CPP Investments' 49% stake in Island Star Mall Developers, making it a wholly-owned subsidiary and consolidating control of this significant asset. Additionally, Mr. Rajesh Kulkarni was re-appointed as a Whole-time Director for five years.
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