Godfrey Phillips India: Board Approves Bonus Equity Share Allotment

Godfrey Phillips India announced the allotment of 10,39,87,840 bonus equity shares. The board approved the allotment on September 17, 2025. The bonus shares are in the proportion of 2:1 (two new shares for every one existing share). The record date for determining eligible members was September 16, 2025.

Bonus Share Issuance

Godfrey Phillips India’s board has given the green light to allot bonus equity shares to its shareholders. The decision was made during a board meeting held on September 17, 2025.

Allotment Details

A total of 10,39,87,840 Equity Shares of Rs. 2/- each were approved as fully paid-up Bonus Equity Shares. The ratio for the bonus issue is set at 2:1, meaning two new equity shares for every one existing share held. The company had previously set September 16, 2025, as the ‘Record Date’ to determine shareholders eligible for the bonus issue.

Impact on Share Capital

Following this allotment, the company’s paid-up share capital will increase to Rs. 31,19,63,520/-, divided into 15,59,81,760 fully paid-up Equity Shares of Rs. 2/- each. These newly allotted bonus equity shares will rank equally with the existing equity shares of the company.

Demat Crediting Information

The bonus equity shares will be credited to the demat accounts of eligible members. For those holding shares in physical form, the bonus shares will be credited to a separate demat suspense account.

Meeting Conclusion

The board meeting commenced at 9:00 AM and concluded at 9:15 AM on September 17, 2025.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!