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The Phoenix Mills Ltd. — Board/Management Information 2021
May 27, 2021
60675_rns_2021-05-27_cdde78c9-c81d-4e28-a2a9-e7278ad472c0.pdf
Board/Management Information
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Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200
May 28, 2021
BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street, Fort, Bandra‐Kurla Complex, Bandra East, Mumbai‐ 400 001 Mumbai‐ 400051 Security code: 503100 Symbol: PHOENIXLTD
Dear Sir(s),
Sub: Intimation under regulation 30 read with Schedule III Part A Para A (7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir(s),
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors at their meeting held today i.e. May 27, 2021 approved the following:
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Re‐appointment of Mr. Shishir Shrivastava (DIN: 01266095) as the Managing Director of the Company for a further period of five years with effect from July 30, 2021 to July 29, 2026;
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Appointment of Mr. Rajesh Kulkarni (DIN: 03134336) as a Whole time Director of the Company for a period of 5 years with effect from May 27, 2021 to May 26, 2026
The aforesaid appointment/re‐appointment is subject to approval of members at ensuing Annual General Meeting of the Company.
Further, as required pursuant to BSE Circular with ref. no. LIST/ COMP/ 14/ 2018‐19 and the National Stock Exchange of India Ltd Circular with ref. no. NSE/ CML/ 2018/ 24, dated 20[th] June, 2018 and based on the declarations received from the Directors, we wish to confirm that Mr. Shishir Shrivastava and Mr. Rajesh Kulkarni have not been debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are attached as Annexure A to this letter.
Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : [email protected] www.thephoenixmills.com
Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200
This intimation is also uploaded on the Company’s website: http://www.thephoenixmills.com.
You are requested to take the aforesaid information on record.
Thanking you,
Yours Faithfully,
For The Phoenix Mills Limited Gajendra Digitally signed by Gajendra Mewara Mewara Date: 2021.05.28 00:03:08 +05'30' Gajendra Mewara Company Secretary
Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : [email protected] www.thephoenixmills.com
Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200
Annexure A
Re‐appointment of Mr. Shishir Shrivastava as the Managing Director
| Sr. No. |
Details of Events required to be disclosed |
Disclosure | |
|---|---|---|---|
| a. | Name of the Director | Mr. Shishir Shrivastava (DIN : 01266095) | |
| b. | Reason for Change viz. Re‐ appointment |
The Board of Directors at their meeting held on 27thMay, 2021, approved the re‐appointment of Mr. Shishir Shrivastava as the Managing Director of the Company pursuant to end of his current term for a further period of five (5) years with effect from July 30, 2021 to July 29, 2026 (both days inclusive). This re‐appointment is subject to approval of shareholders at the ensuing Annual General Meetingof the Company. |
|
| c. | Date of appointment & term of appointment |
Date of Re‐appointment – with effect from July 30, 2021 Period of five (5) years commencing from July 30, 2021 to July 29, 2026 He would be liable to retire byrotation. |
|
| d. | Brief profile | Qualification: Mr. Shishir Shrivastava graduated from IHM, Bengaluru. Experience & Profile: He has been associated with the Phoenix Group since 1999 in various capacities. While he was instrumental in shaping up High Street Phoenix to its current reputation, he also laid the foundation for the service and advisory verticals and saw through the successful culmination of the hotel The St. Regis, Mumbai and Phoenix Market City projects, launched in phases. As Company’s Managing Director, he continues to drive several critical functions of strategic initiatives, capital raising, acquisitions and businessplanning& analysis for the Company. |
|
| d. | Disclosure of relationships between directors |
He is not related to any Director of the Company |
Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : [email protected] www.thephoenixmills.com
Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor, R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011 Tel: (022) 3001 6600 Fax : (022) 3001 6601 CIN No. : L17100MH1905PLC000200
Appointment of Mr. Rajesh Kulkarni as a Whole‐time Director
| Sr. No. |
Details of Events required to be disclosed |
Disclosure | |
|---|---|---|---|
| a. | Name of Director | Mr. Rajesh Kulkarni (DIN:03134336) | |
| b. | Reason for Change viz. appointment |
The Board of Directors at their meeting held on 27thMay, 2021, approved the appointment of Mr. Rajesh Kulkarni as Whole‐time Director of the Company for a period of five (5) years with effect from May 27, 2021 to May 26, 2026. This appointment is subject to approval of shareholders at the ensuing Annual General Meeting of the Company. |
|
| c. | Date of appointment & term of appointment |
Date of Appointment – with effect from 27th May, 2021 Period of five (5) years commencing from May 27, 2021 to May 26, 2026 He would be liable to retire byrotation. |
|
| d. | Brief profile | Qualification:Bachelor of Architecture Experience & Profile:Mr. Rajesh Kulkarni has over 27 years of experience in driving development, planning and implementation of the project from an architectural perspective. He is the Group Director ‐ Projects Delivery and is responsible for driving all the projects of the Phoenix Group. He receives steadfast support from experienced architects, engineers and other technical personnel in design, project co‐ ordination and delivery functions, to ensure that the projects are completed within time, cost and with quality. |
|
| f. | Disclosure of relationships between directors |
He is not related to any Director of the Company |
Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : (022) 2496 4307 / 8 / 9 Fax : (022) 2493 8388 E-mail : [email protected] www.thephoenixmills.com