Company The Phoenix Mills Limited
Industry Construction

Broadcast Date/Time 05-Oct-2017 16:38
Subject Updates
Announcement The Phoenix Mills Limited has informed the Exchange regarding 'This is further to the Press Release issued by the Company titled ‘The Phoenix Mills Limited and Canada Pension Plan Investment Board acquire site to develop high-quality retail destination’ submitted vide letter dated August 14, 2017.In this regard, kindly note that Island Star Mall Developers Pvt. Ltd (ISMDPL), a strategic investment platform owned by the Company and Canada Pension Plan Investment Board (CPPIB), has acquired an additional adjoining land parcel in Pune admeasuring approximately 1.8 acres for a total consideration of Rs. 21.25 Cr on October 4, 2017. We request you to kindly take the same on record. '.
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