Phoenix Mills acquires 50% stake in Columbus Investment Advisory

Through its subsidiary - Market City Resources

Phoenix Mills announced that the Company's wholly owned subsidiary, Market City Resources (MCRPL) has acquired 50% stake in Columbus Investment Advisory (CIAPL) on 04 October 2017 for a consideration of Rs. 55.50 lakh. Consequent upon the aforesaid acquisition, CIAPL has become an associate of the Company through MCRPL w.e.f 04 October 2017.

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