The Phoenix Mills Limited (BSE:503100) entered into agreement to acquire Vistra ITCL (India) Limited and Eder River Ltd on May 19, 2017. In a related transaction The Phoenix Mills Limited entered into agreement to acquire Offbeat Developers Private Limited from HBS Realtors Private Limited. Post completion of all transaction with HBS Realtors Private Limited, Eder River Ltd and Vistra ITCL (India) Limited The Phoenix Mills Limited will increase the shareholding in Offbeat Developers Private Limited to 100% and Offbeat will become wholly owned subsidiary of The Phoenix. The Phoenix Mills Limited (BSE:503100) cancelled the acquisition of Vistra ITCL (India) Limited and Eder River Ltd on May 19, 2018.