Government of Singapore increased its stake in The Phoenix Mills Limited from 1.58% to 1.59%, buying 42,692 shares. The sovereign wealth fund now holds 56,97,271 shares in the company.
A diversified real estate developer and mall operator, Phoenix Mills constructs and manages commercial and residential properties across India. The company operates retail malls, office spaces, and hotels while providing comprehensive asset management services. Its integrated business model spans retail operations, hospitality ventures, and property development, positioning it across multiple real estate segments in the Indian market.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.
