SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Phoenix Mills gets nod to incorporate wholly owned subsidiary

28 Jul 2023 Evaluate

Phoenix Mills has received approval from Finance and Investment Committee of the Board of Directors for incorporation of a wholly owned subsidiary of the Company namely ‘Casper Realty’ (CRPL). The Company shall subscribe to the entire share capital of the proposed wholly owned subsidiary. The incorporation of the proposed wholly owned subsidiary shall leverage the growth opportunities and will help the Company in expanding its market.

The proposed wholly owned subsidiary to be incorporated in India shall carry out the business of real estate activities with owned or leased property. Further, this is in line with the Company’s future expansion plans.

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.

Phoenix Mills Share Price

1794.35 12.00 (0.67%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×