Godfrey Phillips allots bonus shares at a 2-for-1 ratio
GODFRYPHLP · price
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On the reaction day the stock moved 2.0 pts less than Nifty Midcap 150 and 2.0 pts less than its Fast Moving Consumer Goods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On 17 September 2025, the board approved the allotment of 10,39,87,840 fully paid bonus shares of Rs 2 each, at 2 new shares for every 1 existing share held on 16 September 2025. Paid-up capital increased to Rs 31,19,63,520 across 15,59,81,760 shares. The bonus shares rank equally with existing shares and will be credited to eligible holders' demat accounts.
Eligible shareholders receive two bonus shares per existing share, doubling their holdings. The share price normally adjusts for the larger share count.