On Sep 15, 2025, The Phoenix Mills shares are trading ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹2.50 final dividend.
The Phoenix Mills Ltd said in an exchange filing, “The Board of Directors at its meeting held on Wednesday, April 30, 2025, had recommended a Final Dividend of Rs. 2.50/- per equity share of face value of Rs. 2/- each (125%) for the financial year ended March 31, 2025, subject to approval of the Shareholders at the AGM scheduled to be held on Monday, September 29, 2025.”
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Commenting on the development, Mr. Atul Ruia, Chairman at The Phoenix Mills Limited, said: “ISMDPL marked the beginning of our long-standing partnership with CPP Investments. What started with a single asset has grown into a portfolio of premium, retail-led mixed-use developments across key urban centres. As we consolidate our stake in the JV, we remain focused on building on this strong foundation and creating some of the most vibrant and high-performing mixed-use destinations in the country.
We are deeply appreciative of CPP Investments’ role in shaping this journey and look forward to continuing our valued partnership through our other joint ventures which continue as planned. These comprise of Mindstone Mall Developers Private Limited – housing the under-development Phoenix Grand Victoria in Kolkata, and Plutocrat Commercial Real Estate Private Limited – which includes Project Rise, a large-scale office-led development in Lower Parel, Mumbai. We truly value likeminded partners who share our long-term vision, and we look forward to exploring new opportunities together.”.
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Published on: Sep 15, 2025, 9:43 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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