Philip Morris Global Brands Inc. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Philip Morris Global Brands Inc., the foreign promoter of Godfrey Phillips India, has submitted a routine annual disclosure to BSE and NSE confirming that all shares held by it in the company are free from any encumbrance (pledge, lien, or charge) during the financial year ended March 31, 2025. This is a standard compliance filing required under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. No transaction, stake change, or encumbrance creation is reported. The disclosure is signed by Ann Marie Kaczorowski, Vice President and Treasurer of Philip Morris Global Brands Inc.
This is a routine regulatory disclosure with no material impact on shareholders or the stock. It simply reassures investors that the promoter's holdings remain unencumbered, meaning no shares are pledged or locked in as collateral.