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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Motilal Oswal Securities Ltd.

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Phoenix Mills Ltd Announces Acquisition of stake in Island Star Mall Developers Private Limited

Thursday, 28 Mar 2013 08:30am EDT 

Phoenix Mills Ltd announced that its Board of Directors approved the execution of Share Purchase Agreement with Horizon Ventures II and Horizon Realty Fund LLC (Horizon) for the acquisition of their holding in associate company, Island Star Mall Developers Private Limited (ISMDPL). The Board of Directors of ISMDPL have approved the transfer of Horizon's shares in favour of the Company With this acquisition, ISMDPL has become a subsidiary of the Company with effect from March 28, 2013. 

Company Quote

9.05 +2.68%
10 Jul 2014