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Godfrey Phillips India’s arm divests entire stake in Gopal Krishna Infrastructure

23 Feb 2019 Evaluate

Godfrey Phillips India’s step down subsidiary-- Unique Space Developers has divested its entire stake in Gopal Krishna Infrastructure & Real Estate (100% subsidiary of Unique Space Developers) and hence consequently upon completion of sale, it shall cease to be subsidiary of Unique Space Developers and in turn off the Company.

Godfrey Phillips India's core business is manufacturing of cigarette.The company has diversified into others businesses such as confectionary, tea, cosmetics and retailing.Under the cigarette division the company has created brands like Four Square, Red and White, Jaisalmer, Cavanders and Tipper.

Peers
Company Name CMP
ITC 269.00
Godfrey Phillips Ind 1970.00
VST Industries 205.05
Indian Wood Products 35.51
NTC Industries 136.80
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