KK Modi Group FMCG Stock To Consider 2:1 Bonus Shares, All Eyes On Board Meeting In Aug; What Traders Can Do?

One of the largest FMCG firms in India is Godfrey Phillips India Limited, a flagship division of Modi Enterprises, often known as the KK Modi Group. Following the company's announcement that its Board of Directors would shortly review and approve bonus shares, Godfrey Phillips India will be the center of attention. Four Square, Red & White, Cavanders, Stellar, Focus, Originals International, and other well-known cigarette brands are among those that the firm trades in. Additionally, under a contract with Philip Morris, produce and distribute the well-known cigarette brand Marlboro throughout India.

Godfrey Phillips India Bonus Shares

"Pursuant to the provisions of Regulation 29(1) and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the meeting of the Board of Directors of the Company is scheduled to be held on Monday, 4th August 2025, inter-alia, to: 1) consider and approve the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June 2025; and 2) consider and recommend to the shareholders for their approval, issuance of Bonus Equity Shares in the ratio of 2:1 i.e. 2 (Two) new fully paid-up Equity Shares of Rs. 2/- each for every 1 (One) existing fully paid-up Equity Share of Rs. 2/- each, to the Equity Shareholders of the Company by capitalization of reserves," Godfrey Phillips India said in a stock exchange filing.

"Further, in accordance with the Company's Code of Conduct for Regulation, Monitoring and Reporting of Insider Trading in pursuance of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for trading in Company's Equity Shares of the Company for Designated Persons and their Immediate Relatives was closed with effect from Tuesday, 1st July 2025 and shall remain closed till Wednesday, 6th August 2025 (both days inclusive)," Godfrey Phillips in a stock exchange filing.

Godfrey Phillips Target Price

"Godfrey Phillips is trading in a robust uptrend after reclaiming ₹9,400. Support lies at ₹9,300, while immediate resistance is at ₹9,600. A breakout above ₹9,600 can drive the stock toward ₹9,800-₹10,000. Momentum remains strong, backed by healthy volumes. Traders may look to accumulate on dips with a stop-loss at ₹9,250, riding the trend for potential upside," commented Riyank Arora, technical analyst at Mehta Equities.

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