Godfrey Phillips India down on report of attack on exec director

Godfrey Phillips India

03/06/2024 06:06

** Shares of tobacco maker Godfrey Phillips India  GDFR.NS 
down 2.6% at 3,782.9 rupees; stock among few losers amid jump in
broader markets  .BO  
    ** Executive director Samir Modi lodged complaint with Delhi
Police against his mother, Bina Modi, her personal security
officer and co's directors over assault, as per Economic Times
report 
    ** A Godfrey Phillips spokesperson rejected the accusation,
according to the report. "These allegations are entirely false
and atrocious," the person said.
    ** Godfrey Phillips India did not immediately respond to
Reuters' request for comment 
    ** Stock on track to log biggest one-day drop in nearly a
month
    ** Session's losses trim YTD gains to ~80% 


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))