Phoenix Mills Share Price in Focus; Allots 17,428 Equity Shares Under ESOP 2018

The Phoenix Mills Limited has allotted 17,428 fully paid-up equity shares under its Employees Stock Option Plan (ESOP) 2018. 

The allotment follows the exercise of stock options by eligible employees, leading to a marginal increase in the company's paid-up equity share capital.  

ESOP Share Allotment 

The newly issued equity shares carry a face value of ₹2 each and have been allotted to employees who exercised their stock options under the company's ESOP 2018 scheme. 

Following the allotment, the company's paid-up equity share capital increased from ₹71,52,80,950 to ₹71,53,15,806.  

Increase in Outstanding Shares 

With the latest allotment, the total number of outstanding equity shares has increased from 35,76,40,475 to 35,76,57,903, with each share carrying a face value of ₹2.  

About Phoenix Mills 

The Phoenix Mills Limited is one of India's leading real estate developers with a strong presence in retail, commercial, residential and hospitality segments.  

The company owns and operates several premium shopping malls and mixed-use developments across major Indian cities, with its portfolio comprising retail destinations, office spaces, hotels and residential projects.  

Read More: Protean eGov Share Price in Focus as Company Grants 3,39,665 Stock Options Under ESOP 2017! 

Phoenix Mills Share Price Performance  

As of 10 July 2026, Phoenix Mills Ltd share price closed at ₹2,148.20 per share, reflecting a surge of 2.88% from the previous trading session. 

Conclusion 

The latest ESOP allotment has marginally increased Phoenix Mills equity base following the exercise of employee stock options under its 2018 scheme, reflecting the continued implementation of the company's long-term employee incentive programme.  

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