[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 […]
Godfrey Phillips AGM: Bina Modi reappointed as MD, Samir Modi ousted from board – CNBC TV18
[ad_1] At the 87th Annual General Meeting (AGM) of Godfrey Phillips India, Bina Modi secured her reappointment as Managing Director, supported by 86.64% of shareholders. Her leadership continues amid an ongoing internal family dispute regarding control of the company. On September 5, the Delhi High Court granted Bina Modi the right to vote on behalf […]
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. […]
CNBC-TV18 Morning Call: Nvidia ‘disappoints’, block deals worth $1 billion and more – CNBC TV18
[ad_1] 1 / 13 Wall Street futures are trading with losses this morning after Nvidia’s results. The Nasdaq futures are down by over a percent. All three benchmark indices ended lower in regular trading as well on Wednesday. 2 / 13 Nvidia shares fell 7% in extended trading after the AI-hearthrob failed to meet lofty […]
Godfrey Phillips family feud: Samir Modi emphasises protecting shareholder value over familial disputes, open to business sale – CNBC TV18
[ad_1] As Godfrey Phillips, a major player in the tobacco industry, faces a critical juncture in its leadership and governance, Samir Modi, Executive Director of the company, has publicly shared his stance on the ongoing familial and corporate strife. The dispute has intensified since the death of KK Modi in 2019, leading to a contentious […]
Mother vs Son at Godfrey Phillips: Delhi Court says Samir Modi is not entitled to board seat – CNBC TV18
[ad_1] In what comes as a setback to Samir Modi, the Delhi Court of Saket has overturned its earlier order to hold that Samir Modi can’t claim a board seat at Godfrey Phillips as a right. The Court also held that Godfrey Philips cannot be forced to continue the retail business if it wants to […]