Adi Godrej

‘Don’t think there is much to be feared...’: Adi Godrej dispels fears of Donald Trump’s tariff threat for India

Jan 20, 2025, 10:22 PM IST

When asked about the upcoming Union Budget and whether stimulus measures might be necessary given the current economic climate, Godrej said, “The government has focused on reducing the budget deficit, but I believe the deficit isn’t a significant issue as long as it contributes to economic growth."

Godrej split: CCI approves realignment of various entities within Godrej group

Jun 18, 2024, 10:50 PM IST

On May 1, the group declared that Adi Godrej and Nadir Godrej will get control of all the listed entities in the group, while Jamshyd Godrej and Smita Crishna will take over the unlisted entities comprising Godrej Boyce & its affiliates

'Guess only parsis know how to do it right...': Ronnie Screwvala on Godrej succession plan

May 05, 2024, 04:00 PM IST

The realignment of shareholding within the Godrej Group has now led to Adi Godrej and his younger brother Nadir getting the newly formed Godrej Industries Group. Under this will be housed five listed companies – Godrej Industries, Godrej Properties, Godrej Consumer Products, Godrej Agrovet and Astec Lifesciences. Nadir Godrej will be the Chairperson.

Adi/Nadir Godrej side makes open offer to acquire Astec Lifesciences

May 01, 2024, 09:30 PM IST

As per the company's filing, the offer, made at the price of Rs 1,069.75 per share, was triggered as the Adi/Nadir family's plan to acquire 20.84 per cent stake in Godrej Industries (GIL).

'Even next generation will flourish': Uday Kotak on Godrej family's decision to split conglomerate

May 01, 2024, 07:56 PM IST

Uday Kotak, Founder of Kotak Mahindra Bank, Cyril Shroff, Nimesh Kampani, and Zia Mody, were top advisors to the Godrej family.

Adi, Nadir To Keep Listed Firms; Jamshyd, Smita Get Unlisted Cos, Land Bank

May 01, 2024, 06:25 PM IST

The founding family of 127-year-old Godrej Group, which spans from soaps, and home appliances to real estate, has decided to split the conglomerate, with Adi Godrej and his brother Nadir keeping Godrej Industries that has five listed firms, while cousins Jamshyd and Smita getting unlisted Godrej & Boyce and its affiliates as well as a land bank, including prime property in Mumbai. Godrej Enterprises Group, comprising Godrej & Boyce and its affiliates that have a presence across multiple industries spanning aerospace and aviation to defence, furniture and IT software, will be controlled by Jamshyd Godrej as chairperson and managing director. Godrej Industries Group, which includes the listed companies - Godrej Industries, Godrej Consumer Products, Godrej Properties, Godrej Agrovet and Astec Lifesciences, will have Nadir Godrej as chairperson and will be controlled by Adi, Nadir and their immediate families. Pirojsha Godrej, 42, son of Adi Godrej, will succeed Nadir as the chairperson of Godrej Industries Group in August 2026 as its executive vice chairperson.

127-year-old Godrej empire splits: Adi, Nadir to keep listed firms; Jamshyd, Smita get unlisted cos, land bank

May 01, 2024, 06:29 AM IST

The group has been split between two branches of the founding family, with Adi Godrej (82) and his brother Nadir (73) on one side and their cousins Jamshyd Godrej (75) and Smita Godrej Crishna (74) on the other, a statement by the group said.

Godrej Family Begins Formal Division Of 127-Year-Old Group, To Start Divestments Soon

Apr 22, 2024, 05:49 PM IST

The Godrej family has initiated the process for the formal division of the conglomerate by exiting boards of each other’s companies and will soon divest their stakes. According to reports, Adi and Nadir Godrej will soon divest their stakes in Godrej & Boyce to the other branch. Jamshyd Godrej and his side of the family will transfer interests in Godrej Consumer Products (GCPL) and Godrej Properties to their cousins through a family arrangement. The separation is between two branches of the founding family with Adi Godrej and his brother Nadir on one side and their cousins Jamshyd Godrej and his sister Smita Godrej Crishna on the other. Earlier this year, Adi and Nadir Godrej resigned from the Godrej & Boyce Board, while Jamshyd Godrej left his seat in the boards of GCPL and Godrej Properties.

Godrej family begins formal division of group, to start divestments soon: Report

Apr 19, 2024, 09:42 AM IST

Earlier this year, Adi and Nadir Godrej resigned from the Godrej & Boyce Board, while Jamshyd Godrej left his seat in the boards of GCPL and Godrej Properties.

MPW 2022: How Nisaba Godrej is steering the ship at Godrej Consumer Products

Mar 06, 2023, 01:04 PM IST

Since she took charge in mid-2020, after the exit of Adi Godrej from the Godrej Consumer Products (GCPL) board and after CEO Vivek Gambhir left office, the market capitalisation of the company has jumped nearly 35 per cent to Rs 95,515 crore as of February 23.

Raj Kapoor’s Chembur bungalow acquired by Godrej Properties

Feb 17, 2023, 09:56 AM IST

In a regulatory filing to BSE on Friday, Godrej Properties said the land was purchased from the Kapoor family, legal heirs of Raj Kapoor.