Godfrey Phillips India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2025 ,inter alia, to consider and approve the unaudited financial ....
GODFRYPHLP · price
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Godfrey Phillips India has informed the stock exchanges that its Board of Directors will meet on Monday, 4 August 2025. The main items on the agenda are: (1) to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30 June 2025 (i.e. Q1 of FY26), and (2) to consider and recommend a bonus share issuance in the ratio of 2:1, meaning 2 new fully paid-up equity shares of Rs 2 each for every 1 existing share, to be funded by capitalisation of reserves. The trading window for designated persons has been closed from 1 July 2025 until 6 August 2025 in line with insider trading rules. The bonus issue, if approved by shareholders, would effectively triple the number of outstanding shares.
Short term: the stock may see some pre-result excitement and possible speculative moves ahead of the Q1 results. The proposed 2:1 bonus issue, if approved by shareholders, would increase the share count threefold — this is rewarding on paper but typically leads to a proportional price adjustment and increases liquidity.