Godfrey Phillips India Limited — Dividend/Bonus, 04-08-2025: Bonus
04-08-2025 | 05:56 pm
04-08-2025 | 05:56 pm
Godfrey Phillips' Board has approved a 2:1 bonus share issue, meaning 2 new shares for every 1 held, subject to shareholder approval. The record date for eligibility is September 16, 2025. This strategic move will increase the company's paid-up capital from Rs. 10.40 Cr to Rs. 31.20 Cr by capitalizing Rs. 20.80 Cr from reserves. This aims to enhance stock liquidity, boost market participation, and reward loyal shareholders by increasing the number of shares in circulation.
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