The Godrej Family Split: What It Means For The Shareholders? I NDTV Profit

The venerable Godrej Group, established 127 years ago, with diverse interests ranging from soaps and home appliances to real estate, is set to undergo a division within the founding family. Adi Godrej and his brother Nadir will retain control over Godrej Industries, which comprises five publicly listed companies. Meanwhile, cousins Jamshyd and Smita will take ownership of unlisted Godrej & Boyce and its associated entities, along with a significant land bank, including prized real estate holdings in Mumbai.
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