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Godfrey Phillips shares jump 7% as Samir Modi seeks peace with mother Bina Modi
Godfrey Phillips India shares jumped as much as 7% after Samir Modi said he would withdraw all legal cases against his mother, Chairperson Bina Modi, signalling a possible end to the family's long-running succession dispute. Investors welcomed the move as it eased corporate governance concerns surrounding the cigarette maker.
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economictimes.indiatimes.com
Timeline cronologica
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'I have withdrawn all legal cases against mother,' says Samir Modi
Samir Modi has withdrawn all legal cases against his mother, Bina Modi. This action comes amid ongoing efforts to settle the distribution of the late KK Modi legacy. Both brothers…
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Godfrey Phillips shares jump 7% as Samir Modi seeks peace with mother Bina Modi
Godfrey Phillips India shares jumped as much as 7% after Samir Modi said he would withdraw all legal cases against his mother, Chairperson Bina Modi, signalling a possible end to…