The Phoenix Mills Limited (PHOENIXLTD) — Board Meeting

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📢 Key Event
Allotment of 5,844 shares under ESOP 2018 approved by compensation committee

🔄 What Changed
Paid-up capital increased from ₹71.5269262 crores to ₹71.5280950 crores

💡 Investor Takeaway
This share allotment slightly dilutes existing shareholders but reflects normal ESOP utilization without strategic implications.

The Phoenix Mills announced the allotment of 5,844 equity shares of ₹2 each under its 2018 Employee Stock Option Plan, increasing paid-up capital from [amount not verified] to [amount not verified]. This reflects routine ESOP exercise with no material change in capital structure or future guidance.

📄 View Original Announcement (PDF)

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