The Phoenix Mills Ltd has been allotted 29,68,592 Compulsorily Convertible Preference Shares (CCPS) Series 'B' of face value Rs. 10 each by its subsidiary, Island Star Mall Developers Private Limited (ISMDPL) on April 18, 2017.
Subsequent to the aforesaid allotment, there is no change in the equity share capital of the Company and ISMDPL continues to remain a subsidiary of the Company.
Shares of The Phoenix Mills Ltd was last trading in BSE at Rs.395.5 as compared to the previous close of Rs. 401.3. The total number of shares traded during the day was 2447 in over 192 trades.
The stock hit an intraday high of Rs. 401.6 and intraday low of 385.05. The net turnover during the day was Rs. 963871.