Phoenix Mills has acquired entire shareholding of Fuhse River representing 0.45% equity stake in Vamona Developers (VDPL) on September 8, 2017. Consequent upon acquisition of the aforesaid shares, the company’s cumulative equity shareholding in VDPL has increased from 99.51% to 99.96%.
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.
