Nordea Sicav sells 15 lakh shares of Phoenix Mills

The Phoenix Mills Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 503100 | NSE: PHOENIXLTD

25 Jun 2014 Evaluate

Nordea 1 Sicav Emerging Consumer Fund has offloaded 15 lakh shares of Phoenix Mills through the open market route. The shares were sold on an average price of Rs 303.30 valuing the transaction to Rs 45.49 crore.

The Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.