The Phoenix Mills Limited — Others, 24-07-2025: ESOP/ESOS/ESPS

The Phoenix Mills Limited has allotted 31,014 new equity shares, each with a face value of ₹ 2, to employees exercising their stock options under the company's 2018 ESOP scheme. This action, approved by the Compensation Committee, has increased the company's paid-up equity share capital. The total paid-up capital now stands at approximately ₹ 71.51 crore, up from ₹ 71.50 crore. This slight increase in the total shares outstanding is a result of employee incentive programs, aligning employee interests with company performance.