The Phoenix Mills Limited has announced its 121st Annual General Meeting (AGM), scheduled for Monday, September 28, 2026. The meeting will be conducted via Video Conferencing/Other Audio Visual Means. The Board has recommended a final dividend of Rs. 2.50 per equity share for the financial year ended March 31, 2026. The record date for determining eligibility for this dividend has been set as Friday, September 11, 2026.
AGM Scheduled for September 28, 2026
The Phoenix Mills Limited will hold its 121st Annual General Meeting (AGM) on Monday, September 28, 2026. The meeting is scheduled to commence at 02:30 P.M. (IST) and will be conducted entirely through Video Conferencing / Other Audio Visual Means (VC/OAVM). This format allows for broader participation from shareholders.
Final Dividend Recommendation
At a Board of Directors’ meeting held on April 27, 2026, a final dividend of Rs. 2.50/- per equity share was recommended. This represents 125% of the face value of Rs. 2/- per share for the financial year ended March 31, 2026. The final dividend is subject to the approval of the shareholders at the upcoming AGM.
Record Date for Dividend Entitlement
In accordance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Friday, September 11, 2026, as the Record Date. This date will be used to determine which members are entitled to receive the final dividend for the financial year ended March 31, 2026.
Dividend Payment and Shareholder Eligibility
If the final dividend is approved by the shareholders, it will be paid within the stipulated timeline on or after Wednesday, September 30, 2026. Payments will be subject to applicable tax deductions at source. Shareholders eligible for the dividend include:
- Those whose names appear as Beneficial Owners at the end of business hours on the Record Date (September 11, 2026) in the list of Beneficial Owners furnished by NSDL and CDSL for shares held in electronic form.
- Those whose names appear as Members in the Company’s Register of Members at the end of business hours on the Record Date (September 11, 2026).
Annual Report and AGM Notice
The Annual Report for the Financial Year 2025-26, along with the Notice convening the 121st AGM, will be dispatched to the Members in due course. The company is also uploading this information on its website at https://www.thephoenixmills.com/investors/FY2027/Exchange-Intimations.
Source: BSE
