Godfrey Phillips shareholders approve director reappointment, capital increase

At its 88th Annual General Meeting held on September 4, 2025, Godfrey Phillips India Limited announced the re-appointment of Mr. Sumant Bharadwaj as an independent director for a second term of five consecutive years, effective from February 13, 2026, until February 12, 2031. Mr. Bharadwaj, an advocate and partner at "Legal Remedy," brings extensive legal expertise and is not debarred from holding the director's office.

Additionally, shareholders approved the appointment of M/s Chandrasekaran Associates, Practicing Company Secretaries, New Delhi, as secretarial auditors for five consecutive years, covering FY 2025-26 through FY 2029-30. The firm is recognized for its three-decade legacy and diverse services in corporate law.

A significant resolution also increased the company's Authorised Share Capital to INR 50,00,00,000, divided into 24,70,00,000 Equity Shares of INR 2 each and 60,000 Preference Shares of INR 100 each. This alteration to Clause 5 of the Memorandum of Association empowers the company to increase, reduce, and classify shares as per regulations.