[ad_1] Cigarette maker Godfrey Phillips India Ltd on Friday (September 20) announced that its board of directors has discussed issuing bonus shares. However, the company has decided to seek clarification and approval from the Reserve Bank of India (RBI) before proceeding with the issuance, particularly for non-resident shareholders, including those under Foreign Direct Investment (FDI) […]
Bonus Issue: Godfrey Phillips shares surge 10% ahead of board meet on September 20 – CNBC TV18
[ad_1] Shares of Godfrey Phillips are trading with gains of over 11% on Friday, marking their second straight day of gains. The stock had a three-day losing streak before it gained on Thursday. Shares are surging ahead of the company’s board meet to consider a bonus issue of shares. Godfrey Phillips’ board will meet on […]
Bonus Alert: Godfrey Phillips to mull giving two free shares for every one on September 20 – CNBC TV18
[ad_1] Godfrey Phillips Ltd. has announced that it will hold a board meet on September 20 to consider a bonus issue of shares. The company is considering issuing bonus shares in the ratio of 2:1, meaning shareholders will be eligible to receive two free shares for every one share held as on the record date. […]