The Phoenix Mills: Key Management Personnel Changes Announced

The Phoenix Mills has announced key changes to its management personnel, effective October 1, 2025. Shishir Shrivastava is elevated to Non-Executive Vice-Chairman. Rajesh Kulkarni and Rashmi Sen are designated as Key Managerial Personnel. These changes aim to strengthen leadership and support the company’s growth strategy.

Leadership Transition

Shishir Shrivastava, currently Managing Director, will transition to the role of Non-Executive Vice-Chairman, effective October 1, 2025. His term in this new position will extend until September 30, 2027. This elevation is subject to shareholder approval.

Key Management Appointments

Effective October 1, 2025, Rajesh Kulkarni has been designated as Key Managerial Personnel of the Company.

Additionally, Rashmi Sen has also been appointed as Key Managerial Personnel, effective October 1, 2025.

Executive Profiles

Mr. Shishir Shrivastava has been with PML since 1999, playing a key role in transforming it into a leading retail-led mixed-use developer. He has overseen strategy, business development, and investor relations. As Vice-Chairman, he will guide the company’s executive management.

Mr. Rajesh Kulkarni brings over 34 years of experience in design and project management, contributing significantly to landmark projects. He is respected for his integrity and leadership.

Ms. Rashmi Sen has over 27 years of experience in developing business plans and marketing strategies. She is responsible for driving strategic intent and developing the right retailer mix for all malls.

No Inter-Director Relationships

It has been confirmed that Mr. Shishir Shrivastava, Mr. Rajesh Kulkarni, and Ms. Rashmi Sen are not related to each other.

Source: BSE

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