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The Phoenix Mills Ltd - Announcement under Regulation 30 (LODR)-Allotment
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13 Jan 2022
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we wish to inform you that the Board of Directors of The Phoenix Mills Limited (&apos;Company&apos;) has today i.e. on January 13, 2022, approved the allotment of 62,70,000 Equity Shares of the Company of face value of Rs.2/- each to the Shareholders of Phoenix Hospitality Company Private Limited (&quot;PHCPL&quot;) as per the share exchange ratio provided in the Scheme of Amalgamation as approved by the Hon&apos;ble National Company Law Tribunal (&apos;NCLT&apos;), Mumbai Bench vide its order dated December 21, 2021. Consequent upon allotment of the above shares, the paid-up Equity Share Capital of the Company stands increased from Rs. 34,43,92,252 consisting of 17,21,96,126 Equity Shares of Rs. 2/- each to Rs. 35,69,32,252 consisting of 17,84,66,126 Equity Shares of Rs. 2/- each. We request you to kindly take the same on record.
View all announcements for The Phoenix Mills Ltd Source: BSE India