Godfrey Phillips India Limited has scheduled its 87th Annual General Meeting (AGM) on Friday, 6th September 2024, at 2:30 P.M. (IST). The meeting will be held through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). During this AGM, members will also discuss the final dividend of ₹56 per equity share for the financial year 2023-24.
Annual General Meeting Overview The 87th AGM of Godfrey Phillips India Limited will be conducted online, reflecting the ongoing digital transformation in corporate governance. The decision to hold the meeting through VC/OAVM is in compliance with the applicable provisions of the Companies Act, 2013, and SEBI regulations.
Key Details:
Members participating through VC will be counted towards the quorum, as per Section 103 of the Companies Act, 2013. The proceedings will be accessible to all shareholders, ensuring transparency and inclusivity.
Final Dividend Proposal The Board of Directors of Godfrey Phillips India Limited has recommended a final dividend of ₹56 per equity share with a face value of ₹2 each. This dividend is subject to approval during the AGM and is a reflection of the company's robust financial performance in FY 2023-24.
Important Dates:
Tax Implications: As per the Income Tax Act, 1961, dividends distributed after 1st April 2020 are taxable in the hands of shareholders. Godfrey Phillips India Limited will deduct Tax at Source (TDS) on the dividend amount as per the applicable rates. Shareholders are advised to update their PAN and residential status with their depository participants or the company’s Registrar & Transfer Agent (RTA).
How to Vote Remotely The company is providing shareholders with the facility to cast their votes electronically through Remote e-Voting, facilitated by Link Intime India Private Limited.
e-Voting Details:
Shareholders who have already cast their votes via Remote e-Voting can still attend the AGM but cannot vote again during the meeting.
Troubleshooting e-Voting Issues: In case of any technical difficulties, shareholders can reach out to the Link Intime India Private Limited helpdesk at rajiv.ranjan@linkintime.co.in or contact Tel: 022-49186000.
Availability of Documents The Notice of the 87th AGM and the Annual Report for FY 2023-24 have been sent electronically to all shareholders who have registered their email addresses. These documents are also available for download on the company’s website, as well as on the websites of BSE and NSE.
Links to Resources:
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