Godfrey Phillips announces 2:1 bonus issue; record date set for September 16, 2025
Godfrey Phillips has announced a bonus issue in the ratio of 2:1, where shareholders will receive 2 fully paid-up equity shares of Rs 2 each for every 1 existing fully paid-up equity share of Rs 2 held. The bonus shares will be issued by capitalizing the company's general reserves and/or retained earnings.
The record date for determining eligible shareholders for this bonus issue has been fixed as Tuesday, 16th September 2025.
This issuance is subject to shareholder and regulatory approvals, as outlined in compliance with SEBI's Listing Regulations.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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