Godfrey Phillips India has informed that the company received multiple queries on rumored sale of shares of the Company by the promoters of the Company. The Company also takes note of the recent media coverage alleging that the Company ‘has been put on the block by its key promoter entities’. The Company clarified that it is neither engaged nor privy to any such discussions on rumored potential transaction by its promoters. The Company has also received a clarification from its significant promoter that there has been no decision to put its assets on sale. The Company has made and will continue to make the necessary disclosures in compliance with its obligations under the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
