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Godfrey Phillips India Ltd (GDFR.NS)

GDFR.NS on National Stock Exchange of India

1,155.55INR
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Rs6.05 (+0.53%)
Prev Close
Rs1,149.50
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Day's Low
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Volume
7,013
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Rs1,209.90
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Rs640.25

Latest Key Developments (Source: Significant Developments)

Godfrey Phillips India Says Is In Complete Compliance With Indian FDI Laws
Monday, 11 Mar 2019 

March 11 (Reuters) - Godfrey Phillips India Ltd ::SUGGESTION OF ALLEGED VIOLATION OF THE FDI LAWS OF INDIA IS COMPLETELY MISCONCEIVED AND MISPLACED.GODFREY PHILLIPS INDIA SAYS CO ENTERED INTO A COMMERCIAL ARRANGEMENT WITH IPM WHOLESALE TRADING (AFFILIATE OF PHILIP MORRIS INTERNATIONAL USA).GODFREY PHILLIPS INDIA SAYS ALL BUSINESS TRANSACTIONS ENTERED, EXECUTED BETWEEN PARTIES SINCE 2009 ARE GOVERNED BY COMMERCIAL ARRANGEMENT.COMMERCIAL ARRANGEMENT REFERRED TO ABOVE IS IN COMPLETE COMPLIANCE WITH THE EXTANT REGULATIONS GOVERNING THE FDI LAWS IN INDIA.GODFREY PHILLIPS INDIA SAYS ALL THE BUSINESS TRANSACTIONS MENTIONED ARE EXECUTED IN INDIAN RUPEES.  Full Article

Godfrey Phillips India March-Qtr Profit Falls
Tuesday, 29 May 2018 

May 29 (Reuters) - Godfrey Phillips India Ltd ::MARCH QUARTER NET PROFIT 431.1 MILLION RUPEES VERSUS PROFIT 558.3 MILLION RUPEES YEAR AGO.MARCH QUARTER TOTAL REVENUE FROM OPERATIONS 5.72 BILLION RUPEES VERSUS 13.44 BILLION RUPEES YEAR AGO.RECOMMENDED DIVIDEND OF 8 RUPEES PER SHARE.  Full Article

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Philip Morris says Indian partner charges machinery costs; calls it 'business expense'

NEW DELHI Philip Morris International Inc's Indian partner charges machinery-related costs for manufacturing its Marlboro cigarettes in India, the company said on Wednesday, following a Reuters article that showed it may have circumvented foreign direct investment rules.