Godfrey Phillips India Ltd (NSE: GODFRYPHLP) has announced a bonus issue of equity shares in the ratio of 2:1, meaning shareholders will receive two new fully paid-up bonus shares of ₹2 each for every one existing equity share held. The issuance will be carried out by capitalising the company’s general reserves and/or retained earnings.
The company has fixed Tuesday, September 16, 2025, as the record date to determine eligible shareholders entitled to receive the bonus shares. Only investors whose names appear in the company’s Register of Members or in the list of beneficial owners as of the record date will qualify for the allotment.
The issuance of bonus shares is subject to shareholder approval at the Annual General Meeting (AGM) held on September 4, 2025 and other necessary regulatory clearances. Once approved, the bonus shares will be credited to shareholders’ demat accounts within the prescribed timeline.
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Godfrey Phillips India (GPI) is a leading FMCG company in the country and the flagship firm responsible for distributing the well-known Marlboro brand in India.
With the 2:1 bonus issue and record date of September 16, 2025, Godfrey Phillips India continues its shareholder-friendly policies. This move is expected to improve investor sentiment and trading activity in the stock.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Sep 15, 2025, 8:29 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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