Godrej family begins formal division of group, will start divestments soon: Report
10 months, 3 weeks ago

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

Hindustan Times  

The Godrej family has begun the formal division of the conglomerate by exiting the boards of each other’s companies, it was reported. Godrej Group Chairman Adi Godrej This comes after Adi and Nadir Godrej resigned from the Godrej & Boyce Board while Jamshyd Godrej also left his seat in the boards of GCPL and Godrej Properties. The report claimed, “Top executives close to the matter said real estate estimated at ₹3,400 crore, mostly prime land in the Mumbai suburbs, will remain under Godrej & Boyce, and a separate agreement will be worked out to govern ownership rights.” Adi and Nadir Godrej will divest their stakes in Godrej & Boyce to the other branch, the report added, while Jamshyd Godrej and his side of the family will transfer interests in Godrej Consumer Products and Godrej Properties to their cousins. The Godrej Group has five publicly listed companies- GCPL, Godrej Properties, Godrej Industries, Godrej Agrovet and Astec Lifesciences.

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History of this topic

Godrej Consumer Products Q3 Results 2025: Profit Falls by 14.24% YOY
1 month, 2 weeks ago

Godrej Consumer Products Q3 Results 2025: Profit Falls by 14.24% YOY

Live Mint  

Godrej Consumer Products Q3 Results 2025:Godrej Consumer Products declared their Q3 results on 24 Jan, 2025. Godrej Consumer Products Q3 Results The operating income was down by 2.48% quarter-on-quarter and decreased by 18.44% year-on-year. Godrej Consumer Products has delivered -0.38% return in the last week, -22.63% return in the last 6 months, and 5.84% year-to-date return. Godrej Consumer Products Financials …

Godrej Enterprises looks for a brand repositioning, adopts new logo
3 months, 2 weeks ago

Godrej Enterprises looks for a brand repositioning, adopts new logo

Live Mint  

Mumbai: Godrej Enterprises Group, one of the two entities formed following the split of the 127-year-old Godrej Group earlier this year, adopted a new logo on Thursday in a bid to differentiate itself. "We have seen, for instance, that when we have done a press release on, say, an aerospace launch, people think it's done by Godrej Industries, and their …

Godrej Enterprises Group aims for Rs 20k crore revenue by 2032
3 months, 2 weeks ago

Godrej Enterprises Group aims for Rs 20k crore revenue by 2032

New Indian Express  

MUMBAI: The Godrej Enterprises Group, a newly established entity carved out of the 127-year-old conglomerate following the amicable division between brothers Adi and Jamshyd Godrej in April, is eyeing a revenue of Rs 20,000 crore by 2032. “Our top-line is about Rs 16,000 crore now, and we hope, with the renewed focus on a greener future and the new brand …

CCI approves Godrej group's family settlement proposals
8 months, 3 weeks ago

CCI approves Godrej group's family settlement proposals

Hindustan Times  

The Mumbai-based Godrej Group has received approval from the Competition Commission of India for its realignment plans of interests, legal ownership, and management of various entities within the group. Godrej Industries Limited, Godrej Consumer Products Limited, Godrej Properties Limited, and Godrej Agrovet Limited are among the GILAC Group entities. Godrej Seeds & Genetics Limited, Astec Lifesciences Limited, Innovia Multiventures Private …

Godrej & Boyce Manufacturing Co Ltd sells office space near Mumbai for ₹157 cr to Godrej Industries Ltd
9 months, 2 weeks ago

Godrej & Boyce Manufacturing Co Ltd sells office space near Mumbai for ₹157 cr to Godrej Industries Ltd

Hindustan Times  

Godrej & Boyce Manufacturing Company Limited has sold an office space spread across an area of 48,729.92 sq ft located in Vikhroli for a consideration of ₹157 crore to Godrej Industries Ltd, registration documents accessed by Propstack showed. Godrej & Boyce Manufacturing Company Limited has transferred an office space spread across an area of 48,729.92 sq ft located in Vikhroli …

Godrej business split a lesson for family enterprises
10 months, 1 week ago

Godrej business split a lesson for family enterprises

New Indian Express  

The Godrej group has amicably split the family business into two, without the melodrama seen in many other family-run businesses. The Godrej family business split is a lesson for family-run businesses to adopt a more practical approach when it comes to succession planning and division of business. The Godrej family business has been sorted into an ‘enterprises group’ and an …

Godrej Industries, Godrej Consumer, Godrej Agrovet jump 1-5% after family decides to split business empire
10 months, 2 weeks ago

Godrej Industries, Godrej Consumer, Godrej Agrovet jump 1-5% after family decides to split business empire

Live Mint  

Godrej Group stocks including Godrej Industries, Godrej Consumer Products and Godrej Agrovet, gained over 1-5% in early trade on Thursday after the Godrej family reached an agreement to split the conglomerate into two branches. Godrej Industries share price jumped as much as 3% to hit a fresh 52-week high of ₹989.90 apiece on the BSE, while Godrej Consumer Products shares …

Godrej split: What it means for the group's listed companies
10 months, 2 weeks ago

Godrej split: What it means for the group's listed companies

Live Mint  

The Godrej family’s decision to split the 127-year-old conglomerate could potentially unlock the valuations of its holding companies—of Godrej Industries Ltd and Godrej Capital, in particular—but investors would do well to wait for the fineprint to manifest. Co. Ltd will be owned by the families of siblings Jamshyd Godrej and Smita Crishna, operating within the Godrej Enterprises Group, the families …

Godrej Group Splits: Founding Family Divides 127-Year-Old Conglomerate Into Two Branches
10 months, 2 weeks ago

Godrej Group Splits: Founding Family Divides 127-Year-Old Conglomerate Into Two Branches

ABP News  

The founding family of the 127-year-old Godrej Group has agreed to split the conglomerate, creating two distinct business groups. Adi Godrej and his brother Nadir Godrej will retain control of Godrej Industries, which comprises five listed firms, while their cousins Jamshyd Godrej and Smita Godrej Crishna will take over unlisted Godrej & Boyce and its affiliated businesses along with a …

Godrej Family Splits 127-year-old Group: Know Who Gets What
10 months, 2 weeks ago

Godrej Family Splits 127-year-old Group: Know Who Gets What

News 18  

The founding family of 127-year-old Godrej Group, which spans from soaps and home appliances to real estate, has reached an agreement 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 …

Godrej family amicably splits company; Adi, brother to keep five listed firms
10 months, 2 weeks ago

Godrej family amicably splits company; Adi, brother to keep five listed firms

Hindustan Times  

The founding family of 127-year-old Godrej Group, which spans from soaps and home appliances to real estate, has reached an agreement 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 …

Godrej family split: Adi, brother to keep listed firms; cousin Jamshyd to get unlisted cos, land bank
10 months, 2 weeks ago

Godrej family split: Adi, brother to keep listed firms; cousin Jamshyd to get unlisted cos, land bank

New Indian Express  

The Godrej family on Tuesday announced their split as "an ownership realignment" of their shareholdings in the Godrej companies. The Mumbai-based conglomerate said that the realignment has been arrived at in a respectful and mindful way to maintain harmony and better align ownership in acknowledgement of the differing visions of the Godrej family members. The group has been split between …

Adi Godrej quits GCPL board
3 years, 7 months ago

Adi Godrej quits GCPL board

Hindustan Times  

Packaged consumer goods company Godrej Consumer Products Ltd on Wednesday announced that Godrej Group chairman Adi Godrej will step down from the board of directors of GCPL effective September 30, 2021. Adi Godrej will continue as the chairman emeritus of the firm “It has been a privilege to serve Godrej Consumer Products. I am grateful to our board for their …

Godrej Group brands celebrate the Twitter debut of Godrej Housing Finance
3 years, 7 months ago

Godrej Group brands celebrate the Twitter debut of Godrej Housing Finance

Hindustan Times  

On 23rd July 2021, Twitterati woke up to an exciting banter between all Godrej Group brands. Looking at the 124-year-old conglomerate and its brands have fun and host a virtual welcome party for the latest offering by Godrej Housing Finance was refreshing and exciting. This is how Godrej Group brands celebrated the Twitter debut of Godrej Housing Finance The bonhomie …

Godrej Properties Q4 net profit drops 35% to Rs 101.08 cr due to high expenditure; shares up on BSE
4 years, 10 months ago

Godrej Properties Q4 net profit drops 35% to Rs 101.08 cr due to high expenditure; shares up on BSE

Firstpost  

Godrej Properties is the real estate arm of the business conglomerate Godrej Group. New Delhi: Realty firm Godrej Properties on Monday reported a 35 percent fall in its consolidated net profit at Rs 101.08 crore for the quarter ended March due to higher expenditure. #4QWithCNBCTV18 | Godrej Properties reports lower profit while revenue jumps year-on-year pic.twitter.com/0AWTT3492l — CNBC-TV18 May 11, …

Godrej family dispute: Group promoters seek external partners' advice to think through option of future strategy
5 years, 8 months ago

Godrej family dispute: Group promoters seek external partners' advice to think through option of future strategy

Firstpost  

New Delhi: Godrej group promoters Thursday said they have sought advice from external partners to help them plan future strategy, amid reports of a rift between family patriarchs over long-term planning and utilisation of a prime land parcel in Mumbai. Media reports had highlighted serious differences between one side led by Godrej Group chairman Adi Godrej and his brother Nadir …

Godrej family spat: Heirs reach out to mediators to rework pact over 1,000-acre landholding in Mumbai
5 years, 8 months ago

Godrej family spat: Heirs reach out to mediators to rework pact over 1,000-acre landholding in Mumbai

Firstpost  

At the 122-year-old Godrej Group, differences have cropped up between family members over the development of land holdings by Godrej & Boyce, the unlisted holding company of the conglomerate. According to an agreement with the Group holding company, Godrej Properties headed by Adi Godrej’s son Pirojsha Godrej pays 10-15 percent revenue of the project to the landowner. Adi Godrej, chairman …

Nisaba Godrej to be GCPL executive chairman: 4 reasons why she is the right choice for co
7 years, 10 months ago

Nisaba Godrej to be GCPL executive chairman: 4 reasons why she is the right choice for co

Firstpost  

Nisaba Godrej, 39, is slated to takeover as executive chairman of Godrej Consumer Products, the flagship company of the Godrej group. Detailing the plans to grow 10 times in 10 years in 2011, Vivek Gambhir, chief strategy officer of Godrej Industries then and now managing director of Godrej Consumer, had said that the average age of the company’s top executives …

Nisaba takes over from Adi Godrej to become executive chairperson of Godrej Consumer Products
7 years, 10 months ago

Nisaba takes over from Adi Godrej to become executive chairperson of Godrej Consumer Products

Firstpost  

In the last decade, Nisaba has played key role in GCPL’s strategy and transformation and has served on the GCPL Board of Directors since 2011 New Delhi: Veteran industrialist Adi Godrej on Tuesday handed over the baton of Godrej Group flagship firm Godrej Consumer Products to his daughter Nisaba, who at 39 years is among the youngest women to head …

Overseas acquisitions in Godrej group's radar
10 years, 3 months ago

Overseas acquisitions in Godrej group's radar

India TV News  

Overseas acquisitions in Godrej group's radar Kolkata: The Godrej Group sees more opportunity in overseas acquisitions, says its chairman Adi Godrej.Godrej said currently opportunity is more in overseas markets and his group is exploring acquisitions not beyond developing nations.The group's overseas Kolkata: The Godrej Group sees more opportunity in overseas acquisitions, says its chairman Adi Godrej. Godrej said currently opportunity …

Godrej Industries Q1 jumps 28.46 pct to Rs 53.25 cr
11 years, 7 months ago

Godrej Industries Q1 jumps 28.46 pct to Rs 53.25 cr

India TV News  

New Delhi, Aug 11: Godrej Industries on Saturday posted a 28.46 per cent growth in consolidated net profit at Rs 53.25 crore for the first quarter ended June 30, 2013, driven by strong performance in its agrovet business. The company's consolidated net profit was Rs 41.45 crore in the corresponding period last year.Income from operation on a consolidated basis grew …

Pirojsha Godrej takes over the reins of Godrej Properties
12 years, 11 months ago

Pirojsha Godrej takes over the reins of Godrej Properties

Firstpost  

Adi Godrej’s son and executive director of Godrej Properties, Pirojsha, has taken over as managing director and CEO of the company. Mumbai: Godrej group chairman Adi Godrej’s son and executive director of Godrej Properties, Pirojsha, has taken over the reigns of the company as the managing director and chief executive officer from today. Godrej, a Wharton Business School graduate with …

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