Latest news with #GodfreyPhillipsIndiaLtd
Mint
5 days ago
- Business
- Mint
Godfrey Phillips announces 2-for-1 bonus issue
Godfrey Phillips India Ltd. on Monday announced its first-ever bonus issue of equity shares. This addition was conveyed with the company's results for the first quarter of the financial year 2025-26. The 2-for-1 bonus issue means that each shareholder holding 1 share of the company as on the record date will receive two new fully paid-up shares following the issuance, according to the exchange filing on Monday. The cigarette maker is a known manufacturer and distributor of tobacco items such as Marlboro, Stellar and Focus, among several others. Godfrey Phillips has set the record date for the bonus issue as 16 September. 2025 to determine the eligibility of the shareholders for receiving the bonus shares. Investors must own at least 1 share of the company as on the record date in order to be eligible to receive the bonus shares. The bonus issue is subject to approval from the board members and other regulatory approvals. Once the issuance is approved, the bonus will be credited in the shareholder's holdings on or before 3 October 2025. Godfrey Phillips said in the filing that it will fund the bonus issue by using nearly ₹ 20.8 crore from its general reserves and/or retained earnings. While a bonus issue increases the total number of shares issued and owned in the market, it does not change the market capitalization of the company. A company issues bonus shares to boost investments by rewarding its existing shareholders. This increases the overall liquidity of the stock, making it more attractive for retail investors to add it to their portfolio. It's also a way to provide an alternative to a cash dividend or reflect a position of financial health.
Business Standard
5 days ago
- Business
- Business Standard
Prakash Industries Ltd leads gainers in 'A' group
Newgen Software Technologies Ltd, Godfrey Phillips India Ltd, Sanofi Consumer Healthcare India Ltd and New India Assurance Company Ltd are among the other gainers in the BSE's 'A' group today, 05 August 2025. Newgen Software Technologies Ltd, Godfrey Phillips India Ltd, Sanofi Consumer Healthcare India Ltd and New India Assurance Company Ltd are among the other gainers in the BSE's 'A' group today, 05 August 2025. Prakash Industries Ltd spiked 13.30% to Rs 189.55 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 5.33 lakh shares were traded on the counter so far as against the average daily volumes of 73662 shares in the past one month. Newgen Software Technologies Ltd surged 9.78% to Rs 915.05. The stock was the second biggest gainer in 'A' group. On the BSE, 2.88 lakh shares were traded on the counter so far as against the average daily volumes of 61232 shares in the past one month. Godfrey Phillips India Ltd soared 9.76% to Rs 9870. The stock was the third biggest gainer in 'A' group. On the BSE, 93105 shares were traded on the counter so far as against the average daily volumes of 15338 shares in the past one month. Sanofi Consumer Healthcare India Ltd added 9.49% to Rs 5238.55. The stock was the fourth biggest gainer in 'A' group. On the BSE, 10561 shares were traded on the counter so far as against the average daily volumes of 257 shares in the past one month. New India Assurance Company Ltd rose 7.75% to Rs 202.2. The stock was the fifth biggest gainer in 'A' group. On the BSE, 13.75 lakh shares were traded on the counter so far as against the average daily volumes of 6.76 lakh shares in the past one month.
Time of India
5 days ago
- Business
- Time of India
Godfrey Phillips Q1 Results: Net profit jumps 56% to Rs 356 crore, to issue 2:1 bonus shares
Cigarette maker Godfrey Phillips India Ltd on Monday reported a 56 per cent jump in consolidated net profit at Rs 356.28 crore in the first quarter ended June 2025, riding on higher sales. The company, which posted a consolidated net profit of Rs 228.55 crore in the corresponding quarter last fiscal, said its board has approved issuance of bonus equity shares in the proportion of 2:1, Godfrey Phillips India said in a regulatory filing. Consolidated total revenue from operations in the quarter under review stood at Rs 1,813.26 crore as against Rs 1,358.81 crore in the year-ago period, it added. Total expenses in the quarter were higher at Rs 1,506.68 crore as compared to Rs 1,118.49 crore in the same period a year ago, the company said. Godfrey Phillips India said its board of directors at its meeting held on August 4, 2025 approved issuance of bonus equity shares in the proportion of 2:1 -- two new fully paid-up bonus equity shares of Rs 2 each for every one existing fully paid-up equity share of Rs 2 each, by capitalisation of general reserves and/or retained earnings. The issuance of the bonus shares is subject to the approval of the shareholders of the company and other regulatory approvals, it added.
Time of India
6 days ago
- Business
- Time of India
Godfrey Phillips Q1 Results: Net profit jumps 56% to Rs 356 crore, to issue 2:1 bonus shares
Cigarette maker Godfrey Phillips India Ltd on Monday reported a 56 per cent jump in consolidated net profit at Rs 356.28 crore in the first quarter ended June 2025, riding on higher sales. The company, which posted a consolidated net profit of Rs 228.55 crore in the corresponding quarter last fiscal, said its board has approved issuance of bonus equity shares in the proportion of 2:1, Godfrey Phillips India said in a regulatory filing. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo Consolidated total revenue from operations in the quarter under review stood at Rs 1,813.26 crore as against Rs 1,358.81 crore in the year-ago period, it added. Total expenses in the quarter were higher at Rs 1,506.68 crore as compared to Rs 1,118.49 crore in the same period a year ago, the company said. Godfrey Phillips India said its board of directors at its meeting held on August 4, 2025 approved issuance of bonus equity shares in the proportion of 2:1 -- two new fully paid-up bonus equity shares of Rs 2 each for every one existing fully paid-up equity share of Rs 2 each, by capitalisation of general reserves and/or retained earnings. Live Events The issuance of the bonus shares is subject to the approval of the shareholders of the company and other regulatory approvals, it added.
Business Standard
15-07-2025
- Business
- Business Standard
Waaree Renewable Technologies Ltd leads gainers in 'A' group
Sterlite Technologies Ltd, Godfrey Phillips India Ltd, Mishra Dhatu Nigam Ltd and TVS Holdings Ltd are among the other gainers in the BSE's 'A' group today, 15 July 2025. Sterlite Technologies Ltd, Godfrey Phillips India Ltd, Mishra Dhatu Nigam Ltd and TVS Holdings Ltd are among the other gainers in the BSE's 'A' group today, 15 July 2025. Waaree Renewable Technologies Ltd spiked 13.04% to Rs 1102.55 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4.2 lakh shares were traded on the counter so far as against the average daily volumes of 48678 shares in the past one month. Sterlite Technologies Ltd soared 8.95% to Rs 113.2. The stock was the second biggest gainer in 'A' group. On the BSE, 9.63 lakh shares were traded on the counter so far as against the average daily volumes of 31.96 lakh shares in the past one month. Godfrey Phillips India Ltd surged 8.20% to Rs 9781.6. The stock was the third biggest gainer in 'A' group. On the BSE, 42637 shares were traded on the counter so far as against the average daily volumes of 10071 shares in the past one month. Mishra Dhatu Nigam Ltd added 7.96% to Rs 433.35. The stock was the fourth biggest gainer in 'A' group. On the BSE, 9.01 lakh shares were traded on the counter so far as against the average daily volumes of 79334 shares in the past one month. TVS Holdings Ltd gained 5.96% to Rs 12194.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 614 shares were traded on the counter so far as against the average daily volumes of 364 shares in the past one month.
