The Delhi court added Samir Modi's reappointment needs to be done under the Companies Act. The court also asks Bina Modi not to take steps to defeat the candidature of Samir.
The court restrained Bina Modi, the chairperson and managing director of the KK Modi group, from ousting Samir Modi from the board of the group, the news channel said.
Godfrey Phillips' denial of reports of stake sale by the promoter in the company evoked a strong response from Lalit Modi, who called the cigaretter-maker's reply "a complete eyewash".
The company had posted a net profit of Rs 10.64 crore in the year-ago period, it said in a filing to the BSE. Total income from operations was at Rs 533.91 crore as against Rs 536.13 in the year-ago period.
Godfrey Phillips India also manufactures and distributes iconic brand Marlboro under a license agreement with Philip Morris.