127-year-old Godrej Group conglomerate splits between Adi & Nadir Godrej and Jamshyd & Smita Godrej.
The founding family of 127-year-old Godrej Group, spanning from soaps and home appliances to real estate, has announced the split of the conglomerate. The split will see Adi Godrej and his brother Nadir keeping the Godrej Industries with its five listed firms, while cousins Jamshyd and Smita will get the unlisted Godrej & Boyce, its affiliates, and a land bank, including prime property in Mumbai. The conglomerate has been split between two branches of the founding family.
April 30, 2024
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