Company is distributing free shares! – Godfrey Philips shares price hike over 11 percent, company will take decision regarding bonus issue in board meet on 20 September

Markets Bonus Issue: Godfrey Phillips is a part of Modi Enterprises and is a major player in the cigarette industry. Its cigarettes are sold under the brand names Four Square, Red and White, Cavender’s, Tipper and North Pole. Talking about shares, its shares jumped more than 11 percent in the name of bonus and reached … Read more

US advisory firm opposes Bina Modi’s reappointment as Godfrey Phillips MD

US proxy advisory firm Glass Lewis has advised Godfrey Phillips shareholders to vote against the special resolution to reappoint Bina Modi as managing director at the annual general meeting (AGM) on September 6. Glass Lewis has supported the presence of Sameer Modi on the board of directors. Godfrey Phillips India has scheduled its AGM on … Read more