5031002026-07-295031002026-07-292026-07-295031002026-07-29in-capmkt:FinancialYear1Member5031002026-07-29in-capmkt:FinancialYear2Member5031002026-07-29in-capmkt:FinancialYear3Member5031002026-07-292026-07-29in-capmkt:FinancialYear1Member5031002026-07-292026-07-29in-capmkt:FinancialYear2Member5031002026-07-292026-07-29in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure503100THE PHOENIX MILLS LIMITEDPHOENIXLTDNOTLISTEDINE211B01039NewAcquisition (including agreement to acquire)false2026-07-2911:00:002026-07-29The Phoenix Mills Limited (Company) & Offbeat Developers Private LimitedListed Entity (self)O2 Renewable Energy XXVIII Private Limited0-2300000-3100000falsefalsefalsefalseSolar Power GenerationPursuant to Security Subscription and Shareholders' Agreement (‘SSSA’) and amendment to the Security Subscription and Shareholders' Agreement (‘SSSA ’), the subscription of Equity Shares and Series B Compulsory Convertible Debentures of O2 Renewable Energy XXVIII Private Limited by the Company and Offbeat Developers Private Limited ("Offbeat") will enable the Company and Offbeat to qualify as Captive Users and consume the solar power generated by O2 Renewable Energy XXVIII. The object of acquisition of securities is to meet the requirements under The Electricity Act 2003, The Electricity Rules 2005 and other applicable Laws to hold a minimum of 26% shareholding so as to comply with the captive status.NAfalseWithin 30 business days from the date of execution of amendment to SSSA subject to the terms and conditions of the Amendment to SSSA.Cash57700000The consideration would be paid in cash.577000000O2 Renewable XXVIII is an Indian Company incorporated on July 31, 2024. JSW Neo Energy Limited is the promoter of O2 Renewable XXVIII. O2 Renewable XXVIII is been set up to develop and construct solar power project as a captive generating station.2025-202602024-202502023-20240IndiaThe Phoenix Mills Limited ("Company"),listed entiity along with its subsidiary namely i.e. Offbeat Developers Private Limited (“Offbeat”) has entered into Amendment to the Security Subscription and Shareholders’ Agreement (“SSSA”) with JSW Neo Energy Limited and O2 Renewable Energy XXVIII Private Limited (‘O2 Renewable XXVIII’) for subscribing to the 2,74,332 Equity Shares having face value of Rs. 10 each and 24,690 Series B Compulsory Convertible Debentures having face value of Rs. 1,000 each by the Company and for subscribing to 3,02,568 Equity Shares having face value of Rs. 10 each and 27,231 Series B Compulsory Convertible Debentures having face value of Rs. 1,000 each by Offbeat of O2 Renewable XXVIII. Accordingly it is clarified that in the xbrl file in the tab of "Relationship of the acquirer with the listed entity" we have mentioned only "listed entity" since the system doesnt allow to choose both options i.e listed entity and subsidiary. The shareholding of the Company and Offbeat shall not go beyond 45% of equity share capital of O2 Renewable XXVIII on fully diluted basis. The execution of Amendment to Security Subscription and Shareholders Agreement (‘SSSA’) does not fall within the purview of related party transaction. Accordingly please note we have mentioned "No" in arms length and special resolution related point in this xbrl file as its a mandatory filed and "Not applicable" option is not available.