The Board of Directors of Godfrey Phillips India Limited has approved the allotment of bonus equity shares at its meeting held today, September 17, 2025. The company will issue 10.4 crore equity shares of ₹2 each as fully paid-up bonus equity shares, in the proportion of 2:1.
Godfrey Phillips share was trading flat on Wednesday morning at Rs 3,646, after rising more than 7% in the previous session.
The company will issue two new fully paid-up equity shares of ₹2 each for every one existing fully paid-up equity share of ₹2 each held to those members who appeared in the Register of Members or Register of Beneficial Owners on September 16, 2025, the record date fixed for the purpose.
Consequent to the allotment, the paid-up share capital of the company stands increased to ₹31.2 crore divided into 15.6 crore fully paid-up equity shares of ₹2 each. The bonus equity shares so allotted will rank pari passu in all respects with the existing equity shares of the company.
The bonus equity shares will be credited to the respective demat accounts of eligible members. For eligible members holding equity shares in physical form, the bonus equity shares will be credited to the separate demat suspense account named “Godfrey Phillips India Limited-Bonus Suspense Account” as per SEBI regulations. These shares will be credited upon submission of requisite documents.
The meeting of the Board of Directors commenced at 9:00 AM and concluded at 9:15 AM.
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