Bina Modi has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
GODFRYPHLP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bina Modi, on behalf of the Modi Group (promoters of Godfrey Phillips India), has filed a declaration confirming that all shares held by the promoter and promoter group are free from any encumbrance as on 31st March 2025. The total promoter group holding stands at 47.48%, with zero shares pledged or encumbered. The filing is a routine annual compliance requirement under SEBI Takeover Regulations, 2011.
This is a neutral-to-positive disclosure for shareholders, confirming that the entire promoter stake (~47.48%) is unencumbered, indicating no financial stress or margin pressure on the promoter group. It is a compliance filing and is unlikely to move the stock price on its own.