Under ESOP
Phoenix Mills announced that the Compensation Committee of the Board of Directors of the Company in its meeting held on 05 June 2015 has allotted 25,000 equity shares of Rs. 2/- each fully paid-up at an exercise price of Rs. 270/- per share to the employees upon exercise of stock options pursuant to the Phoenix Mills Employees Stock Option Plan 2007 of the Company.Consequent upon allotment of the above shares, the equity share capital of the Company stand increased from present level of 144,971,945 (Nos.) to 144,996,945(Nos.) equity shares of Rs. 2/- each.
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