New Delhi, Aug. 5 -- 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.
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