5031002026-10-155031002026-10-152026-10-155031002026-10-152026-10-15AmalgamatedEntityDomain15031002026-10-15AmalgamatedEntityDomain15031002026-10-152026-10-15AmalgamatedEntityDomain25031002026-10-15AmalgamatedEntityDomain2xbrli:purexbrli:shares503100THE PHOENIX MILLS LIMITEDPHOENIXLTDNOTLISTEDINE211B01039NewAmalgamation/ Mergerfalse2026-10-1514:36:002026-10-15SGH REALTY PRIVATE LIMITEDTransfereeSubsidiaryPaid up Capital as on date (Rs. in Lakh) 1.001 Net worth as on September 30, 2026(Rs. in Lakh) 11139.54 Turnover as on September 30, 2026 (Rs. in Lakh) 10639.1410010100001001011001010000100101TRUEVALUE INFRABUILD PRIVATE LIMITEDTransferorStep Down SubsidiaryPaid up Capital as on date (Rs. in Lakh) 24.128 Net worth as on September 30, 2026(Rs. in Lakh) 3.70 Turnover as on September 30, 2026 (Rs. in Lakh) Nil24128010000241280100000000true2026-10-15falsefalsetrueCommercial Real EstateThe rationale for the Amalgamation in brief is as follows: 1. Creating a simplified and unified business structure; 2. Significant reduction in the overheads, including administrative, legal and statutory compliances, managerial and other expenditure, operational rationalization, organizational efficiency and optimal utilization of resources by avoiding duplication of efforts; 3. Provide for an administrative setup that will ensure the required depth and focus of the management; 4. Create enhanced value for shareholders and allow a focused strategy in operations, which would be in the best interest of the shareholders, employees and other stakeholders; 5. Consolidation of all assets, including all movable and immovable property of the Transferor Company and enhance the value of the assets of the Transferor Company, including for development of the immovable properties owned by the Transferor Company and provide for a clear strategic road map towards improved performance.OthersThe Transferor Company is wholly owned subsidiary of the Transferee Company and hence there will be no cash consideration or issuance of new shares involved in the Scheme of Amalgamation. The entire issued, subscribed and paid up share capital of the Transferor Company shall stand automatically cancelled on the Scheme becoming effective.The Amalgamation is between the Subsidiary Companies of the Company and hence there is no change in the shareholding pattern of the Company.The Transferor Company and Transferee Company are related parties to each other within the meaning of Section 2(76) of the Companies Act, 2013. However, as per Ministry of Corporate Affairs Circular No. 30/2014, dated July 17, 2014, it is clarified that transactions arising out of Compromises, Arrangements and Amalgamations under the Companies Act, 2013, will not fall within the purview of Section 188 of the Companies Act, 2013. The Company has taken necessary approval of Audit Committee pursuant to Regulation 23 of SEBI Listing Regulations. Since, approval of board of directors is not required for the said transaction as per Companies Act 2013 and SEBI Listing Regulations, we have mentioned the date of disclosure in tab Date of Board meeting in which RPT approval taken due to technical error faced in XBRL as it is a mandatory field.