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Phoenix Mills acquires 5.36% stake in ODPL for Rs 29.28 crore

Phoenix Mills has acquired 1,691,270 equity shares of Offbeat Developers (ODPL) held by HBS Realtors representing 5.36% of total equity shareholding for a total consideration of Rs 29.28 crore on May 22, 2017. Consequent upon the aforesaid acquisition, the shareholding of the company in ODPL has increased from 83.59% to ... Read More »

Phoenix Mills enters into SPA to acquire shares of ODPL

Phoenix Mills has entered into a Share Purchase Agreement (SPA) for the acquisition of the entire 5.36% equity shareholding of HBS Realtors (HBS) in Offbeat Developers (ODPL). The proposed acquisition by the company will be effected on the terms and conditions contained in the SPA. Further, the company has entered ... Read More »