Godfrey Phillips India’s board has approved the voluntary winding up of its wholly owned subsidiary (WOS) Flavors & More Inc. based in US. The procedural forrnalities relating to voluntary winding up of the subsidiary will be done in due course of time. The Board of Directors in its meeting held on February 13, 2021 has approved the same.
Godfrey Phillips India, a flagship company of the Modi Enterprises, is one of India's largest cigarette manufacturers. It makes some of the best cigarette brands in the country including Four Square, Red & White, and Cavanders.
