Key Points
Cigarette maker Godfrey Phillips India on Friday said it had decided to exit from its loss-making retail business 24Seven...
The board of the company in a meeting held on Friday decided to exit from carrying out the business operations of its retail business division, said a regulatory update from Godfrey Phillips India...
A decision in this regard was taken following a detailed review of the company's retail business division and after due consideration of the stakeholders' feedback, long-term performance, prevailing market conditions of the retail sector and long-term business strategy of the company, it added...
