According to the company, Adi Godrej, who heads the family, and his brother Nadir Godrej will retain control of the five listed companies of the Godre Group.
“Godrej was founded in 1897 to help India achieve economic independence,” said Nadir Godrej.
“This deep purpose of innovating for a cause – the values of trust and respect and trust in trusteeship and the belief in making communities stronger and better – remains the foundation of who we are, even after 127 years,” said Nadir Godrej. ,
According to stock exchange filings, cousins Jamshed and Smita will receive the unlisted Godrej & Boyce Mfg. company, along with its affiliates and Vishal Bhoomi Bank.
Both groups will continue to use the 'Godrej' brand and are "committed to enhancing and strengthening their shared heritage".The division of the group was agreed to respect the different viewpoints within the family, especially among the younger generation, on business strategies.
According to sources, "Despite the differences, there is no clear undercurrent."
Godrej Industries Group - which includes listed entities Godrej Industries Ltd, Godrej Consumer Products Ltd, Godrej Properties Ltd, Godre Agrovet Ltd and Astec Lifesciences Ltd - will be led by Nadir Godrej along with his brother Adi and him as chairperson. Immediate family.
The total value of the five listed companies is Rs 2.4 lakh crore.
Adi Godrej's son Pirojsha Godrej has been appointed executive vice-chairman of the group.He is scheduled to take over the role of chairperson from Nadir Godrej in August 2026.
Meanwhile, as per the family settlement agreement, Godrej Enterprises Group will be led by Jamshed Godrej, who serves as Chairman and Managing Director, along with Nyarika Holkar and her immediate family as Executive Directors.
Godrej Enterprises Group comprises Godrej & Boyce along with its associate companies that operate diverse businesses including appliances, aerospace aviation, defence, energy, security, construction, healthcare, furniture, IT and infrastructure.
The family will also retain its land bank, including over 3,400 acres of land in the Mumbai suburb of Vikhroli, which remains the family's largest asset.
“Now with this visionary family agreement, we can pursue our growth aspirations with fewer complexities and a focus on leveraging our core strengths in high-tech engineering and design-led innovation across our strong portfolio of strategic, consumer and emerging Can concentrate.Business,” Jamshed Godrej said.
“Godrej was founded in 1897 to help India achieve economic independence,” said Nadir Godrej.
“This deep purpose of innovating for a cause – the values of trust and respect and trust in trusteeship and the belief in making communities stronger and better – remains the foundation of who we are, even after 127 years,” said Nadir Godrej. ,
According to stock exchange filings, cousins Jamshed and Smita will receive the unlisted Godrej & Boyce Mfg. company, along with its affiliates and Vishal Bhoomi Bank.
Both groups will continue to use the 'Godrej' brand and are "committed to enhancing and strengthening their shared heritage".The division of the group was agreed to respect the different viewpoints within the family, especially among the younger generation, on business strategies.
According to sources, "Despite the differences, there is no clear undercurrent."
Godrej Industries Group - which includes listed entities Godrej Industries Ltd, Godrej Consumer Products Ltd, Godrej Properties Ltd, Godre Agrovet Ltd and Astec Lifesciences Ltd - will be led by Nadir Godrej along with his brother Adi and him as chairperson. Immediate family.
The total value of the five listed companies is Rs 2.4 lakh crore.
Adi Godrej's son Pirojsha Godrej has been appointed executive vice-chairman of the group.He is scheduled to take over the role of chairperson from Nadir Godrej in August 2026.
Meanwhile, as per the family settlement agreement, Godrej Enterprises Group will be led by Jamshed Godrej, who serves as Chairman and Managing Director, along with Nyarika Holkar and her immediate family as Executive Directors.
Godrej Enterprises Group comprises Godrej & Boyce along with its associate companies that operate diverse businesses including appliances, aerospace aviation, defence, energy, security, construction, healthcare, furniture, IT and infrastructure.
The family will also retain its land bank, including over 3,400 acres of land in the Mumbai suburb of Vikhroli, which remains the family's largest asset.
“Now with this visionary family agreement, we can pursue our growth aspirations with fewer complexities and a focus on leveraging our core strengths in high-tech engineering and design-led innovation across our strong portfolio of strategic, consumer and emerging Can concentrate.Business,” Jamshed Godrej said.
