News Corporate Actions Phoenix Mills Allots 13,762 Equity Shares Under ESOP Plan, Increases Paid-Up CapitalPhoenix Mills Allots 13,762 Equity Shares Under ESOP Plan, Increases Paid-Up Capital
The Phoenix Mills Limited allotted 13,762 equity shares of ₹ 2 face value each under its Employee Stock Option Plan 2018, approved by the Compensation Committee on January 28, 2026. The allotment increased the company's paid-up equity share capital from ₹ 71,51,96,620 to ₹ 71,52,24,144, with total equity shares rising from 35,75,98,310 to 35,76,12,072. The company has complied with regulatory disclosure requirements under SEBI regulations.
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Phoenix mills has completed the allotment of 13,762 equity shares under its Employee Stock Option Plan 2018, as approved by the Compensation Committee of the Board of Directors on January 28, 2026. The allotment represents the exercise of stock options by eligible grantees under the company's established employee incentive framework.
Share Allotment Details
The allotted shares carry a face value of ₹ 2 each and are fully paid-up equity shares. The allotment was executed pursuant to The Phoenix Mills Employees' Stock Option Plan 2018, demonstrating the company's commitment to employee participation in its growth story.
| Parameter: | Details |
|---|---|
| Shares Allotted: | 13,762 equity shares |
| Face Value: | ₹ 2 per share |
| Nature: | Fully paid-up equity shares |
| ESOP Plan: | The Phoenix Mills Employees' Stock Option Plan 2018 |
| Approval Date: | January 28, 2026 |
Impact on Share Capital
The allotment has resulted in an increase in the company's paid-up equity share capital. The capital structure transformation reflects the successful exercise of employee stock options under the existing plan.
| Capital Component: | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Capital: | ₹ 71,51,96,620 | ₹ 71,52,24,144 |
| Number of Shares: | 35,75,98,310 | 35,76,12,072 |
| Face Value per Share: | ₹ 2 | ₹ 2 |
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015. The intimation has been filed with both BSE Limited and National Stock Exchange of India Limited, ensuring transparency in corporate actions.
The Phoenix Mills Limited has also uploaded this information on its official website under the investor relations section, maintaining comprehensive stakeholder communication. The allotment demonstrates the company's adherence to regulatory frameworks while executing employee benefit programs.
Historical Stock Returns for Phoenix Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.12% | -3.17% | -6.71% | +13.13% | +16.32% | +370.67% |
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