Phoenix Township Ltd — Board Meeting, 14-08-2025: Board Meeting

Phoenix Township Limited's Board has approved the financial results for the quarter. Standalone net sales were 7.65 Cr with a net profit of 0.23 Cr, while consolidated net sales were 5.76 Cr with a net profit of 0.22 Cr. The company plans a significant rebranding, proposing to change its name to HBG Hotels Limited, subject to shareholder and regulatory approvals. Mr. Samit Prafulla Hede was re-appointed as Managing Director for a five-year term, ensuring leadership continuity. An Annual General Meeting is scheduled, and a record date has been set to determine members eligible for the final dividend.