Godfrey Phillips India Limited has shared the heartbreaking news of the sad demise of Mr. Rajeev Kapoor, Senior Vice President - Corporate Finance, on May 1, 2025. His sudden passing has left a deep void in the organization, as he was a key leader in the company's senior management.

In an official communication to the BSE Limited and National Stock Exchange of India Limited (NSE), the company expressed its deep sorrow and condolences to Mr. Kapoor’s family, recognizing his significant contributions to Godfrey Phillips India. His death has come as a shock to both the company's leadership and its employees.

Mr. Rajeev Kapoor had been an integral part of Godfrey Phillips for several years, holding leadership roles in various functions, including the head of legal and taxation and international business division. Over the years, his expertise and guidance played a pivotal role in the company’s growth and success in several key business areas. His passing represents an irreparable loss to the organization.

Kapoor’s leadership in corporate finance was especially crucial in steering the company through critical financial decisions and structuring key business operations. His involvement in both the legal and taxation departments also allowed Godfrey Phillips to navigate complex regulatory challenges and expand its international footprint effectively.

In line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Godfrey Phillips has provided the necessary details in the Annexure A of the disclosure, outlining the date of his cessation, which is effective from May 1, 2025, and acknowledging that this change results from his death.

The company has also reaffirmed its commitment to support Mr. Kapoor's family during this difficult time, with sympathy and deepest condolences extended to them from the entire board of directors and employees.

The loss of a senior executive like Rajeev Kapoor is not just a personal tragedy but also a professional one for Godfrey Phillips India, as the company has lost a leader who played a vital role in shaping the corporate strategy and direction. Mr. Kapoor’s contribution to the financial and strategic management of the company will be remembered for years to come.

Moving forward, the company will need to focus on maintaining operational continuity and ensuring that the work initiated by Mr. Kapoor continues, with his legacy being upheld through the efforts of the team he helped build. The company assures its stakeholders that despite the loss of such an invaluable team member, it remains committed to its vision and goals.

The passing of Mr. Kapoor has naturally raised questions about leadership succession, and the company will take steps to ensure that the position remains adequately addressed. At this moment, however, the priority remains to offer support to his family and to mourn the loss of a dedicated professional and compassionate individual.

In conclusion, Rajeev Kapoor's untimely passing marks the end of a significant era for Godfrey Phillips India. His contributions to the company’s success, particularly in corporate finance, legal matters, and international expansion, will forever remain a part of the company's history. The entire organization stands united in honoring his memory and offering their condolences to his loved ones during this sorrowful time.

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