Lalit Modi and his family has a 47.09 percent stake in Marlboro maker Godfrey Phillips, according to a report.
Recommended ArticlesView All
World Cancer Day 2023: Early detection is crucial for reducing the global burden
Feb 4, 2023 IST5 Min(s) Read
World Cancer Day 2023: A way forward to better management of cancer this year!
Feb 4, 2023 IST6 Min(s) Read
Pakistan economy at alarming level as foreign reserves drop to $3.1 billion from $16.6 billion in a year
Feb 3, 2023 IST3 Min(s) Read
FM Nirmala Sitharaman speaks on inflation, taxes, GDP and more. Read the full interview here
Feb 3, 2023 IST37 Min(s) Read
Just to set the record straight. Yes all Assets of the #kkmodi group are going on sale. I mean all. The other 3 trustees wanted to continue running the Buisness But I felt post my father passing away - the value will deplete. I voted for sale. https://t.co/dJOIYsevJR. Sale On pic.twitter.com/lKOKZXP04z— Lalit Kumar Modi (@LalitKModi) January 27, 2020
I did not approve #Binamodi to run the #empire as she is not qualified to run such large corporation and will dilute our value. Thus the sale of all companies, properties etc,has been approved at the first trust meeting on 30/11/2019. the full sale must be completed by 29/11/2020 pic.twitter.com/SqWoTkUF3V— Lalit Kumar Modi (@LalitKModi) January 27, 2020
The investment banker will have mandate to sell to highest bidder. The banker will be assisted by the group ceo #rkmalhotra who will apprise the trustees headed by #Binamodi with Charu / Samir and me. process 4 sale laid strictly in the trust guidelines and no deviation allowed— Lalit Kumar Modi (@LalitKModi) January 27, 2020