Phoenix Mills to Hold AGM on Sep 29, Sets Sep 15 as Record Date for ₹2.50 Final Dividend
The announcement of a dividend and its associated record date directly impacts shareholders' financial returns and requires them to hold shares by a specific date to be eligible.
The company has recommended a final dividend, which signifies a return to shareholders and is generally viewed as a positive development.
* The Phoenix Mills Limited (PHOENIXLTD) will hold its 120th Annual General Meeting (AGM) on Monday, September 29, 2025, at 02:30 p.m. (IST) through Video Conferencing / Other Audio Visual Means. * The Board of Directors had recommended a Final Dividend of ₹2.50 per equity share of face value of ₹2 each (125%) for the financial year ended March 31, 2025. This recommendation is subject to approval by the shareholders at the upcoming AGM. * The company has fixed Monday, September 15, 2025, as the Record Date for determining the entitlement of members to the Final Dividend. * If declared by the shareholders at the AGM, the Final Dividend will be paid on or after October 01, 2025, to eligible shareholders.
What to do with a filing like this
The Phoenix Mills Limited filed this with the NSE as a statutory disclosure, categorised under corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by The Phoenix Mills Limited. Read the original for the full detail.