
Godfrey Phillips India Ltd
NSE: GODFRYPHLP BSE: 500163
₹2188.30
(10.41)%
Mon, 09 Feb 2026, 01:20 am
Market Cap341.44B
PE Ratio26.59
Dividend1.69
godfrey phillips india ltd History
1936
- The Company was originally established and developed by Godfrey Philips Ltd., London, a publicly owned cigarette and tobacco manufacturer incorporated in U.K. with extensive international operations.
1967
- The Company made an arrangement with International Tobacco Co. who opened a factory in Northern India to manufacture on the Company's behalf.
- Upon the merger of D. Macropolo & Co. Ltd., with the Company, International Tobacco Co. Ltd., became a subsidiary of the Company.
- The Mumbai High Court approved a Scheme of Amalgamation of International Tobacco Co. Ltd., with the Company.
- 2,00,000 Bonus Equity shares issued in the prop. 1:2.
1968
- Philips Morris International Financial Corporation, a wholly owned subsidiary of Philip Morris Inc., acquired full ownership of Godfrey Phillips Ltd.
- The trademarks assigned to the Company by Godfrey Phillips Ltd., include 'Cavanders', 'Abdulla', 'De Reszeke', 'Brand Master' and 'Pay Master'.
- The Company also entered into registered user agreement and trademarks including 'Four Square' and 'North Pole'.
1970
- A Scheme of Amalgamation of D. Macropolo & Co. Ltd., with the Company was approved by the Mumbai High Court on 30th June, with retrospective effect from the close of business on 30th June, 1969.
- The Scheme of amalgamation of D. Macropolo & Co. Ltd. envisage the issue of 83,490 No. of equity shares of Rs 10 each of the Company to the shareholders of D. Macropolo & Co. Ltd., in the proportion of 5 shares of the Company to every share held in D. Macropolo & Co. Ltd.
- An application was made to the RBI for their approval for eligible for allotment of shares for non-resident shareholders in D. Macropolo & Co. Ltd.
1975
- Godfrey Phillips Ltd., 112, Commercial Street, London, E.I. England was the holding company till the issue of shares to the public.
- In July, 6,83,490 Bonus equity shares issued (prop. 1:1).
- 9,74,560 No. of equity shares then issued (prem. Rs 4 per share).
1979
- During June-July, Philip Morris International Finance Corporation, U.S.A., and five other non-resident foreign shareholders offered for sale to the public 2,05,522 No. of equity shares of Rs 10 each of the Company at par in order to reduce the non-resident holding in the Company to a level not exceeding 40%.
1981
- 3,34,506 Rights Equity shares issued at par in prop. 1:7.
- Only 2,58,156 shares taken up.
1984
- The Company entered into an agreement with Philip Morris Inc., to undertake a complete investigation of the manufacturing plant and provide know-how and technical assistance.
1987
- The Company successfully commenced during the year the sale of specially blended and branded loose teas from an exclusive franchised outlet called 'Tea City' in Delhi.
- The Company also proposed to develop a number of its properties which are presently being used for residential and storage purposes, into residential and commercial complexes.
1988
- The Company issued 3,50,000-14% secured redeemable non-convertible debentures of Rs 100 each on rights basis to the then existing resident equity shareholders in the ratio of one debenture for every five equity shares held.
- As per the terms of the issue, the debentures were to be redeemed in three annual instalments of Rs 35 each at the end of 7th, 8th and 9th year from the allotment date with the inclusion of premium of Rs 5 per debenture in the last instalment.
1991
- The Company proposed to take up another project for the development of commercial complex at New Mumbai.
- The Company increased the rate of dividend on preference shares from 6.875% to 14% per annum effective for the financial year ended 31st March, 1992 onwards.
- 25,99,696 Bonus equity shares issued (prop. 1:1).
1992
- The work on the New Mumbai project had not commenced due to delays in the development of infrastructural facilities of sewage, water supply, roads, etc., by CIDCO and also a delay in commencement of the Railway services between CBD Belapur-Vashi-V.T. etc.
- 51,99,392 Bonus Equity shares issued (prop. 1:1).
1993
- As at 31st March, the Company held 20,000 No. of equity shares of the subsidiary.
- City Leasing and Finance Co. Ltd., Chase Investments Ltd., Manhattan Credits & Finance Ltd., Kashyap Metal & Allied Industries Ltd., are also subsidiaries of the Company.
- 14% Pref. shares redeemed.
1994
- The Company launched a new small cigarette forthwith under the brand name `Commands' in April.
1995
- The Company launched a new premium filter cigarette called originals with an imported charcoal filter for the first time in the country.
- It also launched Red & White super 60mm long filter cigarettes.
1996
- The Company continued to launch new and innovative brands in the market.
- The Company launched a new premium filter cigarette called ORIGINALS with an imported charcoal filter for the first time in the country.
- It also launched RED & WHITE SUPER 60 MM long filter cigarette.
- The Company plans to launch Tea Bags in Oman, and also set up a Tea Blending and Packaging unit as a Joint Venture operation in Kazakhstan in the current year.
- Our main factory at Andheri, Mumbai is the first complete cigarette manufacturing plant to have been awarded the ISO 9002 Certificate in the country.
2003
- Godfrey India launched its premium cigarette brand 'Jaisalmer'.
- Unveils new brand of imported cigars.
- Godfrey Phillips India Ltd (GPI), the second largest player in Indian cigarette industry, has launched Maxus brand of cigarettes.
2004
- Godfrey Phillips join hands with hotels, stores to market high-end cigars.
2007
- Godfrey Philips rolls out slim cigarettes.
2008
- Godfrey Phillips India Ltd - Appointment of Company Secretary.
2010
- Godfrey Phillips enters pan masala category.
- Godfrey Philips moves north with the broader market movement.
2011
- Modi to acquire majority stake in GPI.
2012
- Godfrey Phillips India Ltd has informed BSE that Credit Rating Information Services of India Ltd (CRISIL) has reaffirmed ratings of the Company with respect to the various Bank Facilities availed by the Company.
2013
- Godfrey Philips has Registered Office of the Company has been shifted from its present location at Chakala, Andheri (East), Mumbai, Maharashtra - 400099 to a new location at Macropolo Building, Ground Floor, next to Kala Chowky Post Office, Dr. Babasaheb Ambedkar Road, Lalbaug, Mumbai - 400 033.
- Board recommended a Dividend of Rs. 40/- per equity share of Rs. 10 each.
2014
- The company has appointed Ms. Bina Modi as Additional Director of the company.
- Rabale Factory won the Gold Award at the Greentech Safety Awards, 2014.
- The prestigious FICCI Quality Excellence Gold Award for Manufacturing in the year 2014 was won by Guldhar Factory.
- Godfrey Philips India has splits its face value from Rs 10/- to 2/-.
2015
- Rabale Factory has been awarded with the Greentech Environment Gold.
- Rabale also won the Silver Award at the prestigious IRIM Global Manufacturing Competitiveness.
2018
- Godfrey Phillips India bags 8th Asia’s Best CSR Practices Award 2018.
2019
- Godfrey Phillips India bags CSR Leadership Award 2019.
2020
- Godfrey Phillips India bags Apex India CSR Excellence Awards 2020.
- Godfrey Phillips India bags Greentech Foundation CSR Gold Award 2020.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800