Godfrey Phillips India Limited has officially submitted a declaration to both BSE and NSE confirming that it does not qualify as a Large Corporate under SEBI's regulatory framework. The company filed this confirmation on April 14, 2026, addressing specific disclosure requirements outlined in recent SEBI circulars.

Regulatory Compliance Declaration

The company's declaration specifically references its non-applicability under SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, read with SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. These circulars establish criteria for Large Corporate categorization and associated disclosure obligations.

Stock Exchange Communication

The declaration was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed. The communication was addressed to BSE Limited and National Stock Exchange of India Limited, requesting them to take the information on record.

Corporate Authorization

The declaration bears digital signatures from two key executives, demonstrating proper corporate authorization for this regulatory filing.

Both signatures were executed on April 14, 2026, with timestamps showing the Company Secretary signed at 09:41:31 and the CFO at 10:05:03. This regulatory filing ensures compliance with SEBI's disclosure framework while confirming the company's current classification status under applicable regulations.

Godfrey Phillips India Limited has announced the unconditional withdrawal of a litigation suit filed against the company, marking a significant legal development for the tobacco and consumer goods manufacturer. The company disclosed this information to stock exchanges on 9th April 2026, following the court proceedings that took place the previous day.

Case Background and Parties Involved

The litigation was originally instituted by two plaintiffs - Twenty-Four Seven Retail Stores Private Limited (Plaintiff No. 1) and Mr. Samir Kumaar Modi (Plaintiff No. 2). The company had initially disclosed this legal matter to the exchanges on 24th December 2024, as required under regulatory compliance obligations. The suit was filed before the Hon'ble High Court of Delhi at New Delhi.

Legal Proceedings and Withdrawal

On 8th April 2026, the plaintiffs unconditionally withdrew their suit against Godfrey Phillips India Limited under Order XXIII Rule 1(1) of the Code of Civil Procedure, 1908. The withdrawal details are presented below:

Regulatory Compliance and Disclosure

The company made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unconditional withdrawal was recorded in the order pronounced by the Delhi High Court, and the company's lawyers communicated this development to the management at 7.20 P.M. on the same day.

Corporate Communication

The disclosure was signed by Pumit Kumar Chellaramani, Company Secretary & Compliance Officer, and was digitally authenticated on 9th April 2026 at 16:31:41 +05'30'. The company maintains its registered office at Macropolo Building, Ground Floor, Dr. Babasaheb Ambedkar Road, Lalbaug, Mumbai - 400 033, and operates under CIN L16004MH1936PLC008587.

This legal resolution removes a potential litigation overhang for the company, allowing it to focus on its core business operations without the uncertainty associated with ongoing legal proceedings.