The Phoenix Mills: Key Leadership Changes Announced, Effective October 1, 2025

The Phoenix Mills Limited has announced key leadership changes, effective October 1, 2025. Shishir Shrivastava is elevated to Non-Executive Vice-Chairman. Rajesh Kulkarni and Rashmi Sen are designated as Key Managerial Personnel. The changes are subject to shareholder approval and aim to strengthen the company’s leadership structure for future growth and strategic initiatives.

Leadership Transition at Phoenix Mills

The Phoenix Mills Limited has announced key leadership transitions, following a board meeting held on September 29, 2025. These changes are designed to enhance the company’s strategic direction and operational efficiency.

Key Appointments and Changes

The following appointments and changes will take effect from October 1, 2025, subject to shareholder approval:

  • Shishir Shrivastava: Elevated from Managing Director to Non-Executive Vice-Chairman for a term of two years, concluding on September 30, 2027.
  • Rajesh Kulkarni: Designated as Key Managerial Personnel.
  • Rashmi Sen: Designated as Key Managerial Personnel.

Shishir Shrivastava’s New Role

As Non-Executive Vice-Chairman, Shishir Shrivastava will continue to contribute to the company’s strategic vision, bringing his extensive experience to guide the executive management team. His new term extends until September 30, 2027.

Designation of Key Managerial Personnel

The designation of Rajesh Kulkarni and Rashmi Sen as Key Managerial Personnel reflects their significant roles within the company. These appointments are effective from October 1, 2025.

Source: BSE

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