Phoenix Mills sets Sep 28 AGM to approve ₹2.50 final dividend
- Phoenix Mills schedules AGM for September 28, 2026
- Board recommends final dividend of ₹2.50 per share
- Record date for dividend entitlement is September 11, 2026
- Payout represents 125% dividend on ₹2 face value shares
*this image is generated using AI for illustrative purposes only.
Phoenix Mills has scheduled its 121st Annual General Meeting for Monday, September 28, 2026, to seek shareholder approval for a final dividend.
The Board of Directors recommended a final dividend of ₹2.50 per equity share during its meeting on April 27, 2026. The payout applies to shares with a face value of ₹2 each, representing a 125% dividend rate for the financial year ended March 31, 2026.
Key Dates and Eligibility
The company fixed Friday, September 11, 2026, as the record date for determining entitlement to the final dividend. This complies with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Shareholders eligible for the dividend must appear as beneficial owners in the records of National Securities Depository Limited or Central Depository Services (India) Limited, or as members in the company's register, as of the close of business on the record date.
| Event | Date |
|---|---|
| AGM | September 28, 2026 |
| Record Date | September 11, 2026 |
| Dividend Payment | On or after September 30, 2026 |
The dividend will be paid within the statutory timeline on or after Wednesday, September 30, 2026, subject to applicable tax deductions at source. The annual report for FY26 and the notice convening the AGM will be dispatched to members in due course.
Historical Stock Returns for Phoenix Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.08% | -1.86% | +0.04% | +14.20% | +24.85% | +320.40% |
How does Phoenix Mills' 125% dividend payout ratio compare to the average payout ratios of other major Indian real estate developers in FY26?
What specific capital expenditure projects or expansion plans is Phoenix Mills prioritizing that might be impacted by this high dividend payout?
Will the upcoming AGM address any strategic initiatives regarding asset monetization or joint ventures to sustain future cash flows?
16
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
