GPIL's Samir Modi pushes for personal votes over trustee block at AGM

Samir says that his removal as director, despite having a tenure until September 2026, will require 51 per cent of the shareholders agreeing at the AGM

Tobacco giant Godfrey Phillips India (GPIL) Director Samir Modi has pleaded that due to a lack of unanimity among the four family members, they should be allowed to vote individually based on their effective share in the trust at the annual general meeting (AGM), which will be held on September 6.

The GPIL shareholding by the family is held equally through a trust in which brothers Samir and Lalit (who share the same view) and mother Bina Modi and daughter Charu (who supports her mother) are members.

Samir, in an interview with Business Standard on