The Phoenix Mills Ltd completes allotment of shares in Torrent Urja 22 Pvt Ltd
Phoenix Mills · Realty
Key highlights
- Classic Mall Development Company Ltd, subsidiary of The Phoenix Mills, subscribed to 7,019,386 Class A Equity Shares of Torrent Urja 22 Pvt Ltd, face value ₹10 each
- Allotment is complete, and Classic Mall now holds 34.23% equity in Torrent
- Information was previously disclosed on November 28, 2025, and is uploaded on The Phoenix Mills website as of March 11, 2026
Why it's rated notable: The filing reports a completed allotment giving subsidiary Classic Mall a 34.23% stake in Torrent, but states no value, so the level stays at the default medium.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.