GODFREY PHILLIPS

AIIMS may check if Samir Modi sustained injuries at Godfrey Phillips board meeting

Delhi Police have requested AIIMS to examine whether Samir Modi sustained a finger injury allegedly inflicted by his mother’s security officer during a Godfrey Phillips board meeting on May 30. AIIMS has been asked to determine the cause and timing of the injury.

Stocks in news: SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, RIL

Stocks in news: Domestic markets rose by nearly one and a half percent on Friday, driven by global trends. Key stocks in focus include SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, and RIL due to various developments. Notable deals and approvals were made by companies like Allcargo Gati, HFCL, Aster DM Healthcare, and Tata Steel.

100 days of Modi 3.0 government: Sensex up 6,300 points, 18 smallcaps turn multibagger

In the first 100 days of Modi 3.0, Sensex surged 8.2% with BSE Smallcap up 18%. Top smallcaps like Refex Industries soared 221%. Investors are cautious due to tax hikes and policy risks.

KK Modi legacy not for sale, it's to be kept alive, says Bina Modi

Bina Modi, chairperson of Godfrey Phillips, has decided not to sell group companies amid a legal battle with her sons over KK Modi's inheritance. She assures that her sons will receive their shares but insists the companies are not for sale. The family trust controls a 48% stake in Godfrey Phillips India.

These 7 FMCG stocks hit a 52-week high and rallied up to 65% in a month

Metavisio-Thomson to buy into New Shop after $150 million distribution deal

Metavisio-Thomson's India unit is acquiring a minority stake in New Shop, a convenience retail chain. The deal, valued at $125-$150 million, involves setting up 120 flagship stores in two and three-tier markets. New Shop is also acquiring the 24Seven grocery chain from Godfrey Phillips. The partnership aims to expand their product portfolio and presence across India.

These 10 stocks will trade ex-dividend from tomorrow. Do you own any?

TV Today Network and 10 other companies will be in focus today as they have set September 11 as the record date for determining shareholders eligible for dividend payments. Today is the last day to buy shares to qualify for dividends. Dividends are paid to shareholders listed on the record date.

Andhra Paper 1:5 stock split record date tomorrow; last day to buy for eligibility

Andhra Papers has announced a 1:5 stock split, effective from September 11, 2024. Shareholders on record by this date will see each Rs 10 share divided into five Rs 2 shares. This move follows a previous split in 2001. Andhra Paper's stock has seen mixed performance over the past year.

After a 250% rally in 1 year, should you still chase the momentum in Godfrey Phillips shares?

The stock is currently trading above all its long-term moving averages, indicating a strong upward trend but the word ‘healthy’ is used because it keeps having regular pull backs which are short before starting the next up move.

Stocks in news: SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy

Stocks in news: Equity markets ended a three-week winning streak with a loss of over 1.5%, influenced by weak global cues. Key stocks in focus include SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, and Suzlon Energy due to various news developments such as funding plans, regulatory approvals, and significant contracts.

Godfrey Phillips shareholders OK appointment of Bina Modi as MD

Samir Modi was sacked from the company's board recently. Shareholders have not voted him back. They approved the appointment of his sister Charu Modi to the company's board.

Retail business closure to focus on core cigarette biz: GPI Chairperson Bina Modi

Godfrey Phillips India Ltd Chairperson Bina Modi defended the decision to close its retail business '24Seven' to focus on core operations. The AGM addressed the non-filling of Samir Modi's vacancy and appointed Charu Modi as an executive director. Bina Modi's reappointment as MD was also discussed.

Godfrey Philips shareholders approve reappointment of Bina Modi as MD

Shareholders of Godfrey Phillips India have approved the re-appointment of Bina Modi as Managing Director with 86.6% votes. Her daughter Charu Modi was also appointed as an executive director. Samir Modi has retired from the board, and his vacancy will not be filled for now.

Godfrey Phillips board to consider 2:1 bonus issue; stock jumps 12%

Godfrey Phillips Share Price: Godfrey Phillips' board will meet on September 20 to consider a bonus issue of shares in the ratio of 2:1. If approved, shareholders will receive two additional shares for each share they hold. The bonus shares aim to increase stock liquidity and affordability. The company's shares surged by 6% following the announcement.

Stocks in news: Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, Godfrey Phillips

Stocks in news: Domestic markets ended slightly lower on Thursday amid ongoing consolidation. Key stocks in focus include Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, and Godfrey Phillips due to various developments. Notable updates include stake sales, early public issue closures, buybacks, distribution agreements, and legal proceedings.

No restrictions on Godfrey Philips AGM as Delhi HC denies Ruchir Modi's plea to block grandmother Bina Modi from voting

The Delhi High Court denied Ruchir Modi's request to prevent his grandmother, Bina Modi, from voting at Godfrey Philips' 87th AGM scheduled for tomorrow. However, Justice Naveen Chawla directed Bina to submit a half-yearly affidavit detailing her remuneration and benefits as Managing Director.

These 6 smallcap stocks surged over 20% in just a week. Do you own any?

197 smallcaps offer double-digit returns as markets continue record-breaking run in August

Domestic markets saw a steady rise in August, with the Sensex gaining nearly 1%. Smallcap stocks outperformed, with 197 of them offering double-digit returns, and some even rising over 50%. Analysts maintain a positive outlook due to domestic inflows and potential Fed rate cuts in the September meeting.

Godfrey Phillips has done well since Bina Modi took over: CEO Sharad Aggarwal

Godfrey Phillips CEO Sharad Aggarwal has expressed confidence in chairperson Bina Modi's leadership, under whom the company has increased its market share despite stagnant consumption. Aggarwal also downplayed the ongoing shareholder dispute involving Bina Modi's son, stating it would not impact the company's operations. The company's stock has surged over 150% despite these conflicts.

These 7 FMCG stocks hit a 52-week high and rallied up to 45% in a month

Technical Breakout Stocks: How to trade Godfrey Phillips, GSPL & Concord Biotech on Friday?

Glass Lewis recommends against reappointment of Bina Modi as MD of Godfrey Phillips

US-based proxy advisory firm Glass Lewis has recommended that shareholders of Godfrey Phillips India vote "against" the special resolution to reappoint Bina Modi as Managing Director, citing concerns about her remuneration and lack of performance conditions. Glass Lewis supports Samir Modi's continued board presence despite ongoing family and boardroom conflicts.

US advisory co votes to oust Bina Modi from board of Godfrey Phillips, backs son Samir

Glass Lewis also advised shareholders to vote against Samir Modi's ouster from the company's board, according to a report by the firm, seen by ET. Bina Modi, 79, is the mother of Samir Modi. Her reappointment proposal will require the approval of 75% of shareholders because of her age. She is entitled to get 5% of the company's net profits for each financial year as commission.